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NC Utilities Commission Rules in Duke Energy Carolinas, LLC Rate Case and Grants Extension for Compliance Filing until July 12, 2018

The North Carolina Utilities Commission (“Commission’) issued an Order Accepting Stipulation, Deciding Contested Issues and Requiring Revenue Reduction (“Order”) in the Duke Energy Carolinas, LLC (“DEC”) rate case on June 22, 2018. The full Order can be found here. http://starw1.ncuc.net/NCUC/ViewFile.aspx?Id=80a5a760-f3e8-4c9a-a7a6-282d791f3f23 Due to Motions for Clarification filed after the Order was issued, the Commission extended until July 12, 2018, the time for DEC to calculate and file its annual revenue requirement …Read More

North Carolina’s Budget Includes $10 Million for Rural Broadband

The North Carolina budget includes a new $10 million grant program within the Department of Information Technology to expand rural broadband – the Growing Rural Economies with Access to Technology (GREAT) program. Eligible projects for the grants must be discrete and specific and located in an unserved area of an economically distressed county (tier 1 area under G.S.   143B-473.08). Such projects must seek to provide broadband services to homes, businesses …Read More

Appeals Filed in Duke Energy Progress Rate Case Over Coal Ash Costs

In February, the North Carolina Utilities Commission (the “Commission”) issued its Order Accepting Stipulation, Deciding Contested Issues and Granting Partial Rate Increase in the Duke Energy Progress (“DEP”) rate case.  One of the most contentious issues in the rate case was the extent to which DEP could pass coal ash cleanup costs on to rate payers. The Commission found DEP is entitled to recover coal ash basin costs, less a …Read More

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

Avoided Cost Rates for PURPA Qualifying Facilities Decline after House Bill 589 and NC Utilities Commission Order

There will be a decline in avoided cost rates to be paid to renewable energy and other qualifying facilities (QFs) subject to the Public Utility Regulatory Policy Act of 1978 (PURPA). New rates have been filed by Duke Energy Progress, Duke Energy Carolinas and Dominion in Docket E-100, Sub 148 and will go into effect on November 28th unless a party in that docket files specific objections as to the …Read More