Sunday, August 19, 2012

Duke Energy asks for 12.6 percent rate increase - Charlotte Business Journal:

shemwellmygalej1291.blogspot.com
percent. The Charlotte-based utility filed the requestg with theon Tuesday. If approved, the rate changed would go intoeffect Jan. 1, 2010 or later. Duke says the increasre is needed to align rates with its The company says that from 2006 throughSeptemberr 2009, it will have invested roughlhy $4.8 billion for pollution controkl equipment on its largest plants, new power lines and other equipmenyt and construction of new plants. Duke’s last rate case was in 1991. Duke Energyh has 1.8 million customers in Northg Carolina, a total that includews residential andbusiness customers. In Durham County, the utility servesa 117,000 customers; in Orange County, Duke serve s 46,000 customers.
Jim Warren, executive director of utility watchdoggroupo , said in a statement that the rate hike will be the firs of many if the company continues to builds more coal and nucleare power plants. Warren says that Duke’s new power plantsz are not needed and the group intendsw to contestthe increase. “This is a slap in the face of itscustomersa -- many of whom are alreadh struggling during this deep prolonged Warren said.
“We recognize that this is a challengintg time to ask customers to pay more for sowe didn’t make this decision lightly,” Brett Carter, president of Duke Energg Carolinas said in a written The actual increase will vary depending on the type of The average North Carolina residential customer who uses 1,00 kilowatt-hours of electricity a monthb would see an increase of 13.5 percent, or $11 a General service rates, which serves non-residential and non-industrial customers would increase by approximately 9.7 percent; industrial bills would go up approximately 15.2 percentt and outdoor lighting rates would increases by approximately 16.7 percent.
The rate hike woulsd boost Duke’s North Carolina revenue by $496

No comments:

Post a Comment