$98M Bond Required from Duke Plant Protesters to Protect Ratepayers

The North Carolina Utilities Commission has informed (Docket No. E-2, Sub 1089) two nonprofits – NC WARN and The Climate Times – that they must put up a $98 million bond for the right to appeal a power plant construction permit issued to Duke Energy … Read more…

Duke Energy Progress to Recoup DERP Costs via Rateholder Charges

Duke Energy Progress, the South Carolina Office of Regulatory Staff (ORS), and Nucor Steel-South Carolina filed a settlement agreement with the Public Service Commission of South Carolina (Docket No. 2015-1-E) on November 18 delineating what the utility can charge ratepayers  – Nucor, among them – … Read more…

Duke Energy Progress C&I Customers to See Summer Savings

For Duke Energy Progress South Carolina customers, the portion of their invoices that pays for “fuels used to generate electricity” decreased, effective July 1. Overall, electric rates are decreasing about 5.6 percent for Duke Energy Progress commercial customers and 9 percent for industrial customers. Residential customers … Read more…

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