Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Wells, Hugh A
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Public utilities and regulations brought in $263 million tax revenues for the state. The industry provided 92,000 state citizens with employment, paying approximately $1.67 billion in annual wages. The author reviews specifics regulations for aspects of public utilities like electricity and telecommunications and why such government controls are in place.
Hugh Wells, a member of the North Carolina Utilities Commission, discusses the energy crisis and the need for a viable national energy policy. Wells recommends instituting an Energy Resources Corporation and an Energy Bank. These establishments would provide a means for stockpiling raw energy sources and guarantee capital devoted to the construction of plant facilities needed by electric utilities.
Business has never been better for the utilities industry, yet things have become worse for the consumers who are confronting the power crisis and rising rates. Hugh Wells of the North Carolina Utilities Commission discusses public utilities in the state, and how consumers can help find solutions by participating in the regulatory process.