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Duke Energy CEO: Savings from Trump tax cuts flowed right to customers

Duke Energy CEO: Savings from Trump tax cuts flowed right to customers
pressreleasepoint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressreleasepoint.com Daily Mail and Mail on Sunday newspapers.

NC advocates push for new utility moratorium as shut-offs loom

I m terrified. It feels like they just don t care | Advocates push for new utility moratorium as thousands face power, water shutoffs in NC The North Carolina Utilities Commission reports water and gas companies in the state are owed more than $250 million from delinquent customers. Author: Savannah Levins (WCNC) Updated: 12:02 AM EDT April 29, 2021 CHARLOTTE, N.C. The mandate preventing utility shut-offs has expired, putting more than a million North Carolina families at risk of losing power or water. I m just barely scraping by, Kimberly Hull said.  Hull s story is like so many others. She s out of a job due to the pandemic, unable to access unemployment or relief due to system errors, red tape, and tapped-out programs.

Duke Energy Sees Renewable Energy Growing To 23% By 2030

WFAE Duke Energy s Monroe solar farm, on about 400 acres off South Rocky River Road, has about 684,000 solar panels. Duke Energy says it expects to triple the amount of renewable energy it produces by 2030. That s among the goals in the Charlotte-based company s annual sustainability report out Wednesday. About 7% of the energy produced at Duke-owned power plants currently comes from solar, wind and hydroelectric power, according to the report. That could grow to 23% by the end of this decade as Duke continues to add capacity. Duke Energy Duke Energy s changing energy mix. This shows percentage of megawatt hours generated from company-owned plants.

FERC overstepping its authority in move to lower demand response barriers, NARUC, utilities charge

Dive Brief: Utilities and state regulators are protesting a decision from federal regulators to prevent states from blocking demand response aggregates participation in the wholesale markets. In several requests for rehearing filed with the Federal Energy Regulatory Commission on Tuesday, utilities within the Midcontinent Independent System Operator (MISO), the investor-owned utility trade group Edison Electric Institute, the National Association of Regulatory Utility Commissioners (NARUC) and individual state commissions questioned the FERC s March decision Order 2222-A  denying states an opt-out option when it comes to allowing aggregated demand response to bid into the wholesale markets. Demand response and clean energy advocates had praised the ruling as the commission s next step in lowering barriers to distributed energy resources under Order 2222. But utilities and state regulators say the order oversteps FERC s authority.

North Carolina Utilities Commission approves Duke Energy rate hike, settlement

by Nyamekye Daniel, The Center Square  | April 19, 2021 06:00 PM Print this article The North Carolina Utilities Commission has approved a partial rate increase for Duke Energy Progress, which covers electricity service in the Asheville area and eastern North Carolina. Duke Energy Progress requested a 12.3% rate increase – equalling about $463 million – in October 2019, the commission said. The company implemented a temporary rate increase in September, which the commission said covered a portion of its request. The Charlotte Business Journal reported in August that Duke Energy Progress planned to use its excess tax collections to refund customers to offset the increase, which resulted in no additional charges for consumers.

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