HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Places » U.S. » North Carolina (Group) » Duke Energy buying time -...
Introducing Discussionist: A new forum by the creators of DU

Fri Oct 26, 2012, 10:25 AM

Duke Energy buying time - waiting for the state’s new governor

Corruption and cronyism...

Duke Energy’s most recent move to delay filing a rate case with the N.C. Utilities Commission will avoid the Charlotte utility having two complex cases before the commission simultaneously.

Duke says its move is designed to ease the commission’s workload. The commission is expected to hold rate hearings for Progress Energy about the time that Duke would file its rate case in February or March.

“We’re sensitive to the amount of work involved – for our company and certainly for the commission and staff – in having two rate cases filed in close succession,” Duke spokesman Mike Hughes said.

But some advocacy groups say Duke may be buying time for the state’s new governor to alter the makeup of the commission. Republican Pat McCrory has emerged as the gubernatorial front-runner. McCrory is a former mayor of Charlotte and also a 29-year veteran employee of Duke Energy.

McCrory spokesman Ricky Diaz referred questions about the candidate’s policy on such nominations to the campaign website. The site says McCrory will want nominees who understand the private sector, fight onerous regulations and make government more responsive to business.


(In other words, McCrory and his crooks don't even deny it. "making government more responsive to business" usually means f*cking the consumers.)

http://www.newsobserver.com/2012/10/25/2438710/duke-energy-again-postpones-rate.html

0 replies, 437 views

Reply to this thread

Back to top Alert abuse

Reply to this thread