Duke settlement lowers rate hike, NC households still face 9.5% increase
Stein and Jackson say Duke’s proposed settlement still asks too much of families as the utility adjusts to North Carolina’s carbon plan.
The NC legislature gave final approval to the Power Reduction Act on Thursday, a bill that would eliminate the state’s statutory goal to cut carbon emissions by 70% by 2030.
The bill will remove the 2030 interim clean energy targets,reduce consumer electricity cost by a total of $15 billion.
Whether it's attracting new high-energy businesses, like data centers, allowing for a more traditional manufacturing resurgence; or lowering energy costs and uncertainty for families, canceling the misguided allegiance to carbon neutrality is vital to empowering the people of NC, now and in the future.