Governor-elect Pat McCrory will make significant decisions on energy issues, especially in year one of his term. These choices will shape our energy future and have a direct impact on North Carolinians and our environment. But given McCrory’s 29 years at Duke Energy, will he show predilection for the energy industry or will he ensure full deliberation and consider what’s good for all of us? Read more
While the debate rages on about the Duke-Progress merger and the NC Legislature becomes more determined to create a dirty energy policy for our state, another course is being charted – one that does not involve fracking, offshore drilling, coal-fired power plants or more nuclear power.
Earlier this year the US Energy Information Administration downsized projections of available natural gas in US shale deposits by 40% – so it was just a matter of time before the wild projections for North Carolina would be scaled back too. Read more
The General Assembly returned to Raleigh last week and a controversial method of natural gas drilling – known as fracking – is already on the Republican agenda with the introduction of the Clean Energy and Economic Security Act – S820 (don’t be fooled by the title). A recent development in the gas industry may foretell the future of the most cavalier of gas companies. Read more
Duke Energy’s electricity rates are poised to continue skyrocketing over the next few years, but only some customers will feel the burn. While the utility lures the world’s elite technology giants to NC by offering cheap electricity, captive small business and residential customers are charged higher rates. The rate structure is patently unfair and is being challenged before the NC Utilities Commission by environmental watchdog NCWARN.
While this issue has been debated before Commission in the past, Duke Energy has successfully negotiated it away. The NC Attorney General also recognizes the unfairness but has yet to force a resolution to protect consumers. Read more