Skip to comments.Protesters demonstrate against proposed Duke rate hike
Posted on 06/23/2013 7:08:07 AM PDT by EBH
'The company looks forward to a positive and constructive resolution in this rate case," Duke Energy said in a statement.
Duke Energy, the corporate parent of both Duke Energy Carolinas and Duke Energy Progress, has defended its rate-increase requests as allowing it to recover billions of dollars invested in upgrading its ability to generate power and complying with state and federal environmental regulations.
At the courthouse rally, protesters held signs such as "Affordable Energy is a Right" and "Not One More Dime, Duke."
Tony Ndege, a member of Occupy Winston-Salem, told the demonstrators that every resident has a right to inexpensive, environmentally safe energy.
"Our rights stand in the way of their profits," he said.
Kim Porter of Winston-Salem, a member of the N.C. Waste Awareness Reduction Network (WARN), said that North Carolinians will not compromise their health and safety "so Duke can make outrageous profits."
The company will use the money from the rate increase to pay for its new plants that "we don't need and we don't want," Porter said.
(Excerpt) Read more at energybiz.com ...
I dumped this in the humor category as you just can't make this stuff up!
What do you mean, “votes have consequences”!?
Duke needs to double or triple their rates. It’s obvious the protesters voted fo 0.
Our society groans under the increasing weight of the ever growing penumbra.
He being Oslama.
There are no good guys here. Didn’t the President of Duke Energy support Obama?
This is hilarious, as it shows the bitter, burning hatred of the left, their willingness to hurt others—somehow thinking it will improve their own, pathetic lives, and how their schemes to do this never, ever work.
“Why don’t those filthy rich, eeevil people just agree to be painfully punished and suffer terribly, and still give us stuff for free, instead of avoiding our attacks and still living happy and prosperous lives? DAMN THEM!”
It’s kind of like watching a small boy have a blind temper tantrum, red face and crying, swinging his fists wildly at some adult who has calmly put his hand on their forehead, preventing them from getting in range. Oh, how they curse and give off shrill noises of rage and impotence.
Well how about the fact that NC is paying higher rates, because the Democrats reniged on the loan for the DEM convention on Charlotte- and in return, Obama hired whatshis face from Charlotte?
What interesting bedfellows this mess is making.
inexpensive and environmentally safe energy are mutually exclusive... you voted for the second, now pay for it!!!
Oh.... wait. Here it is. It was the DNC not paying their Bills for the CONVENTION in Charlotte.
"The local host committee for the DNC was tasked with raising roughly $36 million to stage the convention, but the fundraising efforts fell short."
"In May, Duke Energy announced that it would absorb the $10 million line of credit it gave to the host committee. Because the company could claim the loss as a business expense, its shareholders would only cover $6 million of the loan.
ERGO... the 'rate' increase.
See post #11
I was reading that Duke needs to raise rates about 30% to comply with EXISTING laws. They only are allowing a 5% increase...
And they still doth protest too much...
The plants are almost federally operated now? So to nationalize them look to see rates go up 500%. But you’ll get it for FREE from the taxpayers.
A company like DUKE just does not raise rates on a whim. They have to PROVE to the PUBLIC SERVICE COMMISSION of their state that such rate increases are necessary due to improvements in electric delivery.
Many years go, Louisiana PSC refused to allow our company to raise rates. As a result, there was no money to pay for the upkeep of lines and there were many power outages after every storm.
Do they need the money to pay back all of the money that the Democrats stiffed them on for the convention?
Looks that way - see #11.
“Affordable Energy is a Right” on the signs. All these libtards make up rights and vote for people who will take away their actual rights as given by God and once guaranteed in the founding documents. You can’t fix stupid.
Obama said his plans would cause rates to skyrocket.
Yes, and he is announcing those plans on Tuesday.