Deal Lets Piedmont Raise Natural Gas Rates, But By Less Than Requested wfae.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wfae.org Daily Mail and Mail on Sunday newspapers.
Deal Lets Piedmont Raise Natural Gas Rates, But By Less Than Requested bpr.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bpr.org Daily Mail and Mail on Sunday newspapers.
Dive Brief:
Duke Energy announced a settlement with the North Carolina Attorney General, North Carolina Utilities Commission Public Staff and the Sierra Club on Monday that could resolve how the utility will pay to clean up its coal ash.
The proposed settlement, filed with the North Carolina Utilities Commission (NCUC) on Monday, details how the utility will allocate the costs of its coal ash clean up, and will reduce expenses by about $1.1 billion over the next 10 years, compared to the previous plan. It will also allow the utility to earn a return on equity off the cost of the cleanup, but at a lower rate than it had originally proposed.