The N.C. Senate unanimously approved Wednesday a stripped-down bill that will allow Duke Energy Corp. and other utilities to sell securities to cover storm-damage costs but left out a controversial request from the Charlotte utility for authority for multi-year rate hikes. The bill will now go to Gov. Roy Cooper, who is expected to sign it since the rate-hike proposal is no longer in the legislation. Sen. Bill Rabon, R-Brunswick, said on the Senate floor that it was clear the House could not reach…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/10/31/duke-energy-backed-bill-with-key-provision-removed.html?ana=RSS&s=article_search
No comments:
Post a Comment