Read the story here. Advertise at Before It's News here.
Profile image
By Appalachian Voices
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Duke Energy-backed bill would raise rates without guaranteeing climate measures

% of readers think this story is Fact. Add your two cents.

Duke Energy is forcing through legislation in North Carolina (House Bill 951) that would raise rates astronomically. Low-income families, many of whom are still struggling to pay their utility bills as a result of the pandemic, will bear a disproportionate burden of those costs. Similar legislation in Virginia led to families and small businesses being overcharged by $1.2 billion dollars over the course of only four years.

Instead of taking the path outlined by Governor Cooper’s Clean Energy Plan, Duke Energy has continued to work behind closed doors to write legislation that lines the pockets of its shareholders, on the backs of ratepayers, while failing to guarantee that the 70% carbon reductions envisioned in the bill will even be achieved by the 2030 target date.

Tell your state legislators to vote against Duke’s bill!

Specifically, the bill:

  • Sets a goal for reducing carbon emissions by 70% by 2030, but falls short of mandating it.
  • Allows Duke Energy to earn extra profit while preventing the NC Utilities Commission from determining how those extra earnings should be used, such as returning it to customers, investing in energy efficiency for families and small businesses, or protecting workers as we transition to new forms of energy generation.
  • Fails to provide adequate support for low- to moderate-income ratepayers that are accessible to all communities.

In an attempt to quell opposition to the bill, several lawmakers — on both sides of the aisle — are making spurious claims about how the bill benefits and protects low-income customers.

Appalachian Voices Senior Energy Analyst Rory McIlmoil authored a point-counterpoint breakdown explaining how those claims — first made by Sen. Newton but now being shared by other lawmakers — are misleading our elected officials and the public. Read the breakdown here.

This bill does not do enough for us. It continues to give money to Duke and their shareholders, and makes families and businesses foot the bill.

Tell your legislators to vote no on HB951!!

Protecting the Central and Southern Appalachian Mountain Region


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.