Mobile
Friday, March 27, 2009
News Utility companies eye stimulus money
Posted By Rhiannon Fionn-Bowman on Fri, Mar 27, 2009 at 10:00 AM
Of course, the story ends with the companies promising that the government's infusion of funds will lead to cost savings for consumers in the future. Um hum.
The $787 billion stimulus package includes an estimated $150 billion over the next 10 years on energy projects from biofuels to hybrid vehicles to energy efficiency.Duke estimates about $40 billion of that will go to the power industry, says spokesman Dave Scanzoni.
Piedmont Natural Gas Co. Inc. also has a team looking at the potential for projects that could qualify for stimulus funds. But spokesman David Trusty says the utility is in the early phases of its analysis and does not know how much money — or jobs — might be involved.
There is less available in the stimulus package for natural gas than for electricity. But conservation and efficiency programs could be among the projects that qualify, Trusty says. “The package is 1,100 pages, so it’s going to take some wading through,” he says.
Read the rest of this Charlotte Business Journal article here.
Speaking of...
Latest in The CLog
More by Rhiannon Fionn-Bowman
-
Cancer's better with a side of 'shrooms
Aug 7, 2020 -
The Last Mountain will move viewers
Aug 4, 2011 -
Government's mixed message for women
Aug 2, 2011 - More »
-
Lunch Break (9/1/16): Organizers unveil "People, Not Polluters" platform in Charlotte as McCrory officials testify in Raleigh
The morning already passed us by. What the hell happened?
-
Jigsaw, Dating App That Hides Users’ Faces, launches in Charlotte, NCTo Fight Superficial Dating App Culture 3
-
Knight and Day: Plot eclipsed by stars 1
Cruise and Diaz are main reasons to consider seeing mindless action flick.
