UPDATE **4:20 am on 01-17-2018**
Video of the public hearing that took place on January 16th has been added.
Notice of Public Hearing
Duke Energy Carolinas, LLC (Duke)
Request to Increase Rates for Electric Service
(Docket No. E-7 Sub 1146)
Tuesday, January 16, 2018, at 7:00PM
LOCATION: Courtroom A (on the 4th floor), Macon County Courthouse, 5 West Main Street, Franklin, NC
A summary of the request from the NC Utilities Commission:
(Docket No. E-7 Sub 1146)
In its application Duke stated that investments in generating plants and plant‑related expenses, nuclear development work, investments in transmission, distribution, and meters, a new billing system, and the Company’s requested return on equity account for the majority of the rate increase request. In particular, $101 million of the request is related to new and existing generation facilities such as the Lee Combined Cycle gas-burning plant and two new large solar facilities; $53 million is related to the Lee Nuclear Project that Duke proposes to cancel.
The Company stated that $60 million of the requested rate increase is for costs related to its meter replacement program and a new Customer Information System. These cost increases are partially offset by the return of a deferred tax liability of $64 million as well as a net reduction of $57 million related to other changes in revenue.
The North Carolina Public Utilities Commission will be holding a public hearing tonight on a request for a rate increase by Duke Energy. Here are some links for more information about this public hearing:
Background
What to Expect at a Public Hearing
Documents About This Proceeding – Docket No. E-7 Sub 1146
Email a Comment to the Commission about this Proceeding.
Email the Public Staff about this Proceeding.
Macon Media posted a public notice of this meeting on January 12th on our Facebook Page. [LINK]
If you've never been to a public hearing on a proposed rate increase, here are videos of the last two to take place in Macon County:
October 26, 2011
Part One
Part Two
May 21, 2013
Due to limited bandwidth, Macon Media probably will not be attempting to webcast this public hearing. A video of the public hearing will be posted sometime tomorrow.
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Posted at 3:00 am on January 16, 2018
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