State balks as Duke asks to raise rates
Duke Energy’s bid for an increase in coverage of the drought in the context of operating expenses from the state is at odds with the regulators, who say customers should not extra for electricity, because time .
Charlotte The program aims to improve customer service, the rates for one year, from 1 July, with an option for extension, the price increase, if the drought persists in this summer and autumn. The drought of last year, led Duke to limit the production of electricity in hydroelectric power and also reduce the burning question on coal-fired generation.
The increase would be in the amount of 36 cents per month for the typical residential users, but it would be roughly $ 20 million to pay for big-power that are purchased during a heat wave. Herzog, in December, an agreement with an option to buy Columbia, South Carolina for the energy of 520 megawatts, which could be made applicable, if the drought continues and leads to the reduction of electricity production in the Duke this summer.
The NC Utilities Commission has a deadline for the submission of applications and arguments Tuesday in a case where the rules are likely to Duke’s upon request, within 45 days after the deadline. Herzog has more than 1.6 million customers in North Carolina, a large part of the western part of the triangle.
Duc explains how the call assurance drought North Carolina customers. The utility company has not released prices, but the State Attorney General’s Office estimates the cost at $ 20 million.
Blocking price in a contract, the duke was made to pay the bonus wholesale price of power, if the results of a heat wave and customer demand increases. Regardless of Duke pay for the purchase of force majeure, it would not be able to reduce costs for customers.
“Duke Energy is required by law to electricity for customers, and we are obliged to do that in most reliable methods, in a cost effective manner,” Duke Marilyn Line Leblanc said the spokesman.
The company is characterized by a drought, the worst in the state for more than a century, as an extraordinary event like a hurricane.
Utility rates are determined by the State Commission Utilities normal business expenses include, but exceptions are allowed for companies to recover the extraordinary charges.
The State Attorney General and public service employees, the public agency for the Defense of Consumers’ Rights and the Utility rate cases, said that drought, costs are a normal part of the activity and the consulting firm.
“The costs are rising and that costs are reduced in price between cases,” said James McLawhorn, director of the Public employees of the electric division. “We believe that to make a position and say,” Oh, this aisle is not appropriate. ”
No plans in Progress
Progress Energy is not expected, a similar application for the costs of drought, Mike Hughes, said the spokesman. Unlike Duke, whose sources of cooling water also twice as drinking water, public pools, progress is based primarily on lakes, which have no drinking water. The Raleigh utility also relies on the sea water to cool power plants.
Last year, Duke again brought to scale in the production of electricity for central water, because the reduction of water in rivers, power stations. And reducing the power of businesses on burning coal in power plants and Mount Holly Belmont Gaston County, and about a half-day in August, when the temperature has increased by more than 100 degrees to avoid release into the Catawba River cooling water, the temperature would have - Limit values can be exceeded.
The Public Employees argued that the money Duke wants to ensure that customers too lean to force the Utilities Commission to make an exception to its policy of recruiting Utility prices. Price stability, are involved complex procedures, with in-depth analysis of one of the usefulness of financial transactions. Few additional costs may not be stapled on rates, which is most often of the annual consumption of fuel, the costs of electricity supply from the company for their customers to pay for coal, natural gas and the uranium for electricity generation in power stations.
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