Duke Energy Wants You to Pay for Its Coal Ash Mess | Triangulator | Indy Week
Pin It

Duke Energy Wants You to Pay for Its Coal Ash Mess 

Get out your wallets: Duke Energy, a behemoth with a market capitalization of more than $62 billion, wants you—not its shareholders—to pay for its coal ash mess.

Coal ash dominated local headlines between 2014, when thirty-nine thousand tons of toxic coal ash contaminated seventy miles of the Dan River, and 2016, when a state toxicologist testified that McCrory administration officials "knowingly told people that their water was safe when we knew it wasn't." Along the way, the Department of Environmental Quality fined Duke $25 million, though after private negotiations that penalty was reduced to just $6.6 million.

But that's just a drop in the bucket. Duke has estimated that cleaning up its thirty-three coal ash sites will cost more than $4 billion. That's where you come in.

In June, Duke proposed a nearly 17 percent rate hike, or about $17.80 a month (and $213 a year) extra for residential customers—an annual total of more than $477 million in additional revenue. Since then, that request has been pared down to about 15 percent, says Duke spokesman Randy Wheeless.

"Recent work to modernize power plants and generate cleaner electricity, responsibly manage coal ash, and respond to major storms is at the heart of Duke Energy Progress's rate increase request," Wheeless writes in an email. "... The cost of these services, including compliance with state and federal regulations that govern our work, is a responsibility we all share as consumers of electricity, so that the public and the environment are protected now and in the future."

This isn't a done deal yet. Hearings on the proposed hikes were supposed to kick off this week, but they've been delayed as the company and government attorneys work on a partial settlement.

Comments

Showing 1-1 of 1

Add a comment

 
Subscribe to this thread:
Showing 1-1 of 1

Add a comment

INDY Week publishes all kinds of comments, but we don't publish everything.

  • Comments that are not contributing to the conversation will be removed.
  • Comments that include ad hominem attacks will also be removed.
  • Please do not copy and paste the full text of a press release.

Permitted HTML:
  • To create paragraphs in your comment, type <p> at the start of a paragraph and </p> at the end of each paragraph.
  • To create bold text, type <b>bolded text</b> (please note the closing tag, </b>).
  • To create italicized text, type <i>italicized text</i> (please note the closing tag, </i>).
  • Proper web addresses will automatically become links.

Latest in Triangulator



Twitter Activity

Comments

Mr Guy. Thank you for your supreme grammar grading skills. I would note that speaking english(note the lower case e) …

by Timothy Oswald on Javiera Caballero Wants One Durham City Council Meeting to Be in Spanish, So English-Speakers Know What It’s Like (Triangulator)

Perhaps I was not direct enough.

Your point was that it was important that new immigrants learn to …

by Guy_Smiley on Javiera Caballero Wants One Durham City Council Meeting to Be in Spanish, So English-Speakers Know What It’s Like (Triangulator)

Most Recent Comments

Mr Guy. Thank you for your supreme grammar grading skills. I would note that speaking english(note the lower case e) …

by Timothy Oswald on Javiera Caballero Wants One Durham City Council Meeting to Be in Spanish, So English-Speakers Know What It’s Like (Triangulator)

Perhaps I was not direct enough.

Your point was that it was important that new immigrants learn to …

by Guy_Smiley on Javiera Caballero Wants One Durham City Council Meeting to Be in Spanish, So English-Speakers Know What It’s Like (Triangulator)

Mr Guy. Thank you for grading my comment. Although that was a lot of time spent to not address the …

by Timothy Oswald on Javiera Caballero Wants One Durham City Council Meeting to Be in Spanish, So English-Speakers Know What It’s Like (Triangulator)

Re: Mr. Oswald
The first of sentence of your comment has typo; Mr. Oswald means area not are.
The second …

by Guy_Smiley on Javiera Caballero Wants One Durham City Council Meeting to Be in Spanish, So English-Speakers Know What It’s Like (Triangulator)

"And having a bilingual society is bad for cultural cohesion. It creates a "then and us", mentality."

It has …

by vidvis on Javiera Caballero Wants One Durham City Council Meeting to Be in Spanish, So English-Speakers Know What It’s Like (Triangulator)

© 2018 Indy Week • 320 E. Chapel Hill St., Suite 200, Durham, NC 27701 • phone 919-286-1972 • fax 919-286-4274
RSS Feeds | Powered by Foundation