This winter, Duke Energy Carolinas is asking state utility regulators to approve a rate increase that could cost us much more starting this summer. In addition to an overall rate increase of no less than 6.7%, the company is asking to earn a return on grid spending not immediately recovered in rates. This could further raise the cost of grid spending and what’s passed on to consumers.
Unchecked grid spending, and billing back to customers with interest, circumvents the review and scrutiny of state regulators. To keep our rates fair and reasonable, only necessary spending should be allowed — and it should go through the normal rate case review.
— Margie Sigman Black Mountain
Editor’s note: For more information on the rate increase proposal, see The Charlotte Observer’s coverage: avl.mx/6vv. To comment, see the N.C. Utilities Commission’s website: avl.mx/6vu.
Thanks for reading through to the end…
We share your inclination to get the whole story. For the past 25 years, Xpress has been committed to in-depth, balanced reporting about the greater Asheville area. We want everyone to have access to our stories. That’s a big part of why we've never charged for the paper or put up a paywall.
We’re pretty sure that you know journalism faces big challenges these days. Advertising no longer pays the whole cost. Media outlets around the country are asking their readers to chip in. Xpress needs help, too. We hope you’ll consider signing up to be a member of Xpress. For as little as $5 a month — the cost of a craft beer or kombucha — you can help keep local journalism strong. It only takes a moment.
We want to hear from you! Send your letters and commentary to firstname.lastname@example.org
The comments section is here to provide a platform for civil dialogue on the issues we face together as a local community. Xpress is committed to offering this platform for all voices, but when the tone of the discussion gets nasty or strays off topic, we believe many people choose not to participate. Xpress editors are determined to moderate comments to ensure a constructive interchange is maintained. All comments judged not to be in keeping with the spirit of civil discourse will be removed and repeat violators will be banned. See here for our terms of service. Thank you for being part of this effort to promote respectful discussion.