Go to Top

February 2018

Duke Rate Cases

On February 23, 2018, the North Carolina Utilities Commission (“Commission”) issued its 231- page order in the Duke Energy Progress (“DEP”) rate case. http://starw1.ncuc.net/ncuc/ViewFile.aspx?Id=d2b2a1a0-dae1-45de-af9c-c987d4aeddc8 The order accepted the settlement proposed by the Public Staff and DEP and the settlements of several other parties. These settlements reduced the amount of Duke’s requested rate increase to consumers by about half – largely the result of a slight lower capital structure (52% equity …Read More

Wireless Infrastructure Deployment Under Section 6409 – An Underutilized Tool?

Section 6409 of the Middle Class Tax Relief and Job Creation Act of 2012 addresses neither taxes nor job creation.  Instead, Section 6409 constitutes one of the Federal government’s latest significant efforts to streamline the approval process for deployment of wireless transmission equipment.  Generally, Section 6409 (along with an FCC Order from October 2014) provides that so long as the siting request is for a modification of an existing wireless …Read More

Governor Cooper Launches New Rural Economic Development Initiative

This week, Governor Cooper’s office announced a new initiative “Hometown Strong” aimed at providing assistance and prioritizing projects that will boost the economic development of rural counties in North Carolina. The program will be led by Pryor Gibson and Mary Penny Kelley (a former law partner of Hayes Finley). Smith Moore Leatherwood’s Infrastructure and Development team currently offers similar services to our clients and is looking forward to working with the …Read More