Duke Energy Carolinas attacked a consultant's contention Thursday that ratepayers could see their bill's increase as much as 50% in 10 years if the utility is allowed to implement its $7.8 billion grid modernization plan. Battles over the program and a rider Duke proposes to allow it to increase rates annually to pay for the plan dominated testimony Thursday. The rider is being considered by the N.C. Utilities Commission in conjunction with Duke's request to hike its general rates 11.6%.
Duke Energy Carolinas made its case Wednesday for how a $7.8 billion plan to upgrade its transmission and distribution infrastructure will significantly modernize the grid and directly benefit customers. Robert Simpson, director of grid improvement plan integration for Duke, testified at the N.C. Utilities Commission hearing on Duke's proposed 11.6% rate hike and the separate rider Duke proposes to use to streamline passing the costs of the 10-year grid program on to ts customers.
North Carolina solidified its hold on second place among the top U.S. solar states in 2017, with a stronger-than-expected showing for new solar projects added to the grid in the year. The Solar Energy Industries Association and Greentech Media estimate the state added about 1,200 megawatts of new solar last year. That would be a record, exceeding the close to 1,170 megawatts the state added in 2015, and it is well above the almost 1,000 megawatts added in 2016.
@DukeEnergy Carolinas has compromised on part of its rate hike proposal for #CLT and western NC, agreeing to cut an estimated $140M+ out what had been a $598M increase. #http://bizj.us/1pim64?ana=TWT_staffJD https://t.co/2IbAKhSiDz
@tylerhnorris@cleanenergyorg@croselund I appreciate the tweet. I have covered the battles between Duke and the solar industry here for years. In fact HB589 was an effort to resolve some of those long-running battles. And the point is well taken. Every story cannot include every fact, but this is helpful context. Thnx
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
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