Posts Tagged ‘SB559’
Rate Hike Provision Backed by Duke Energy Fails to Pass NC Legislature
The North Carolina General Assembly removed a controversial provision from a ratemaking bill that would have allowed Duke Energy to enact multi-year rate hikes.
Read MoreComplaint filed against Duke Energy with NC elections board
CONTACTS: Rory McIlmoil, 828-262-1500, rory@appvoices.org Cat McCue, 434-293-6373, cat@appvoices.org Former Democracy North Carolina Executive Director Bob Hall submitted a complaint to the State Board of Elections today requesting an investigation into an alleged coverup of illegal campaign contributions from the Duke Energy Corporation Political Action Committee. The complaint states that Duke’s PAC violated state law…
Read MoreResponse to N.C. House passage of Duke Energy’s rate hike bill
CONTACTS: Cat McCue, 434-293-6373, cat@appvoices.org Josh McClenney, 919-454-1560, josh@appvoices.org Today the North Carolina House of Representatives voted to pass SB559 with an amendment requiring a study of the most controversial provisions. One of the provisions is a multi-year rate plan that critics say could cost ratepayers an additional $23 billion in coming years with reduced…
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