Articles in regional publications that pertain to a wide range of North Carolina-related topics.
Paying the Piper before He Plays
Record #:
31398
Author(s):
Abstract:
The Federal Energy Regulatory Commission has decided that North Carolina rural electric cooperatives should help their power suppliers finance new power plants that are still under construction. The ruling, which would bring higher power bills for the consumer-members, allows an investor-owned utility to charge its wholesale customers up to half the cost of financing power plant construction work while the work is still being done.
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