Tell you senator to say NO to Duke Energy’s annual rate hike bill
Duke Energy is pushing a deceptive bill in our state legislature that would allow it to raise your electric rates more easily, with fewer public hearings and less oversight by the North Carolina Utilities Commission.
Senate Bill 559 circumvents regulatory review and allows electric monopolies like Duke Energy to get a single approval for up to five years of automatic rate hikes for investments like its $13 billion grid “modernization” scheme. It would also allow Duke to recover storm repair costs by issuing ratepayer-backed bonds and would open the door for similar treatment of coal ash cleanup costs, all with little transparency or accountability.
Senate Bill 559 would reduce accountability and oversight of Duke Energy’s spending, and give them an endless line of credit paid for by customers like you.
Contact your legislators today and tell them they must vote NO on Senate Bill 559.
EPA needs to hear from the public today! Submit your comments now:
The post Tell you senator to say NO to Duke Energy’s annual rate hike bill appeared first on Appalachian Voices.
Protecting the Central and Southern Appalachian Mountain Region
Source: http://appvoices.org/no-blank-check-for-duke-energy/
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