Waving over-sized “Monopoly” money and signs calling for the state Utilities Commission and its Public Staff to begin acting like genuine watchdogs, 50-plus representatives from a variety of consumer and environmental groups held a press conference/protest today outside the offices of the Commission in downtown Raleigh. The took place just over an hour prior to the commencement of new hearings on what would be Duke’s third major rate hike for residential consumers since 2009.
Despite the immediate impetus for the event, Jim Warren, Executive Director of NC WARN said that the protest was about “a lot more than a rate hike. ” He said that protesters were calling into question “Duke Energy’s business model” which is predicated on improperly charging customers hundreds of millions of dollars each year. Read More