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Protesters demonstrate against proposed Duke rate hike
Energy Biz ^ | 6/11/13 | John Hinton Winston

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 ...


TOPICS: Business/Economy; Extended News; Government; Political Humor/Cartoons
KEYWORDS: abortion; deathpanels; obamacare; zerocare
And 0bama is announcing even more compliance regulations on Tuesday?

I dumped this in the humor category as you just can't make this stuff up!

1 posted on 06/23/2013 7:08:07 AM PDT by EBH
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To: EBH

What do you mean, “votes have consequences”!?


2 posted on 06/23/2013 7:11:44 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: EBH

Duke needs to double or triple their rates. It’s obvious the protesters voted fo 0.


3 posted on 06/23/2013 7:22:49 AM PDT by Conspiracy Guy (To stay calm during these tumultuous times, I take Damitol. Ask your Doctor if it's right for you.)
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To: EBH
If all power plants were absconded by the feds, he could give power away for free, right?
4 posted on 06/23/2013 7:34:10 AM PDT by deadrock
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To: EBH

Our society groans under the increasing weight of the ever growing penumbra.


5 posted on 06/23/2013 7:34:23 AM PDT by rmh47 (Go Kats! - Got eight? NRA Life Member])
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To: deadrock

He being Oslama.


6 posted on 06/23/2013 7:34:39 AM PDT by deadrock
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To: EBH

There are no good guys here. Didn’t the President of Duke Energy support Obama?


7 posted on 06/23/2013 7:36:38 AM PDT by FreedomPoster (Islam delenda est)
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To: EBH

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.


8 posted on 06/23/2013 7:40:56 AM PDT by yefragetuwrabrumuy (Best WoT news at rantburg.com)
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To: EBH

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.


9 posted on 06/23/2013 7:44:42 AM PDT by Truth2012
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To: EBH
inexpensive, environmentally safe energy.

inexpensive and environmentally safe energy are mutually exclusive... you voted for the second, now pay for it!!!

10 posted on 06/23/2013 7:48:05 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -ww- NO Pity for the LAZY)
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To: EBH
DUKE ENERGY raising their rates. Now.... what in the world could have caused that. (not what they CLAIM caused it, but what REALLY CAUSED IT).

Oh.... wait. Here it is. It was the DNC not paying their Bills for the CONVENTION in Charlotte.

(No Honor Among Thieves) 2012 DNC: Nearly $500,000 of Equipment Was Lost or Stolen 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.

11 posted on 06/23/2013 8:07:24 AM PDT by UCANSEE2 (The monsters are due on Maple Street)
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To: FreedomPoster; EBH
Didn’t the President of Duke Energy support Obama?

See post #11

12 posted on 06/23/2013 8:09:15 AM PDT by UCANSEE2 (The monsters are due on Maple Street)
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To: Conspiracy Guy

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...


13 posted on 06/23/2013 8:14:31 AM PDT by EBH (The government that sits in Washington, D.C. is not the United States government.)
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To: deadrock

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.


14 posted on 06/23/2013 8:15:40 AM PDT by EBH (The government that sits in Washington, D.C. is not the United States government.)
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To: EBH

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.


15 posted on 06/23/2013 8:17:52 AM PDT by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: FreedomPoster

Do they need the money to pay back all of the money that the Democrats stiffed them on for the convention?


16 posted on 06/23/2013 8:21:02 AM PDT by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: The Antiyuppie

Looks that way - see #11.


17 posted on 06/23/2013 8:29:40 AM PDT by FreedomPoster (Islam delenda est)
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To: EBH

“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.


18 posted on 06/23/2013 8:34:46 AM PDT by Conspiracy Guy (To stay calm during these tumultuous times, I take Damitol. Ask your Doctor if it's right for you.)
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To: EBH
Tony Ndege, a member of Occupy Winston-Salem, told the demonstrators that every resident has a right to inexpensive, environmentally safe energy.

Obama said his plans would cause rates to skyrocket.

19 posted on 06/23/2013 10:24:23 AM PDT by Retired Chemist
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To: Retired Chemist

Yes, and he is announcing those plans on Tuesday.


20 posted on 06/23/2013 3:08:11 PM PDT by EBH (The government that sits in Washington, D.C. is not the United States government.)
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To: EBH
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.

Don't want? If they voted for 'we will destroy the coal industry' Obama and Biden, then they wanted this. Replacing coal power plants with gas turbine or nuclear ones costs money. And the power generated costs more money per MW than with a coal plant.

These protestors are likely the ones that voted for this. BTW, there is no constitutional right to cheap energy in the constitution.
21 posted on 06/24/2013 10:33:25 AM PDT by yorkiemom
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To: Retired Chemist
Obama said his plans would cause rates to skyrocket.

That's right. To necessarily skyrocket.
22 posted on 06/24/2013 10:34:17 AM PDT by yorkiemom
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To: yorkiemom

Germany has let the loons run wild with their energy policy.

I think they are now paying $.33 per KWH and the poor are freezing to death in the winter.

Will it be our future?


23 posted on 06/24/2013 10:37:18 AM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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To: listenhillary

Once again, we are following in Europe’s footsteps.

Insanity, isn’t it?


24 posted on 06/24/2013 11:38:03 AM PDT by yorkiemom
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