Environmental Defense Fund Issues Statement on North Carolina Legislators Take Controversial Multiyear Rate Increases
October 31, 2019
October 31, 2019
RALEIGH, North Carolina, Oct. 31 -- The Environmental Defense Fund issued the following statement by Senior Manager David Kelly:
North Carolina legislators today took a controversial rate reform proposal off the table that, if approved, would have paved the way for multiyear rate increases, allowed utilities to over-earn on profits, and curtailed public input on electricity ratemaking. The proposal was part of Senate Bill 559, which also included some positive elements, like securit . . .
North Carolina legislators today took a controversial rate reform proposal off the table that, if approved, would have paved the way for multiyear rate increases, allowed utilities to over-earn on profits, and curtailed public input on electricity ratemaking. The proposal was part of Senate Bill 559, which also included some positive elements, like securit . . .