NC SPIN: Duke Energy seeks Rate Increase, Court Update, Primary Election in 6 Weeks, MAP Verdict,
Published March 30, 2018
Topics:
Duke Energy seeks Rate Increase
Court Update
Primary Election in 6 Weeks
MAP Verdict
Tell us something we don’t know
Panelists:
Chris Fitzsimom, Columnist and Author
Becki Gray, John Locke Foundation
Howard Lee, Former Senator and Board of Education
Bob Orr, Former Supreme Court Justice
Tom Campbell, Moderator
March 30, 2018 at 10:22 pm
Charles Senf says:
"Duke Energy seeks Rate Increase"
The comment was made that, because the consumers benefited from the (lower costs? associated with) use of coal-fired plants they should bear a greater portion of the cost of cleaning up the Coal Ash residue they failed to clean up contemporaneously.
No one asked if Duke/Progress had included the cost of disposing of the coal ash as part of the operating expense budgets presented to the Commission year over year.
For, if this was the case, the consumers were paying for the cleanup that was not completed. If this is the case, the Stockholders benefited from the failure to 'pay as you go' for disposing of the coal ash year over year and should be required to pay 100% of the 'catch-up' measures currently necessary.
Howard Lee said he had been on the Commission and should have asked this question/raised this point as part of the discussion.
March 31, 2018 at 5:11 pm
Roger Hill says:
Lived in Texas for several years where the power companies were deregulated. You can pick from several companies in most areas to get the lowest rates. I also live in N.C. and Florida where Duke energy assessed us each month for a few years to raise the money to build a nuclear plant only to scrap the idea and steal 2 billion dollars from the rate payers and don't have to pay us back. They are a slime ball company now and always have been. Pretty good PR company though.
April 1, 2018 at 12:42 pm
Charles Senf says:
How does one communicate with the host? It's great that folks may post comments to one another (I suppose) but how do we address the panel/host?
To me, the entire discussion was SPIN since there was little detail about how the rate applications over the years set out Coal Ash Disposal as a significant part of the rate justification. See above.