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Tuesday, March 31, 2009
News The State to Duke Energy: 'No'
Posted By Rhiannon Fionn-Bowman on Tue, Mar 31, 2009 at 1:59 PM
Bet Duke execs are super sad about Gov. Bev Perdue's win now. Until Feb. 29, 2008, Charlotte's mayor and gubernatorial wanna-be Pat McCrory consulted for Duke Energy.
Duke Energy's bid to compete against other power companies for the largest and most lucrative electricity customers has been blocked by the N.C. Utilities Commission.Duke, the state's biggest electric utility, had planned to sign a 10-year contract to sell electricity to the city of Orangeburg, S.C., which lies outside of Duke's regulated service area. The South Carolina city has been buying power from S.C. Electric & Gas since 1919 and is that utility's biggest single customer.
The N.C. Utilities Commission said late Monday that Charlotte-based Duke can sell wholesale power to Orangeburg — a city with a population of 92,000 — as long as it doesn't raise costs for households, businesses and Duke's retail customers in North Carolina.
Read the rest of this Charlotte Observer article here.
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