Clean energy groups say N.C. ratemaking bill gives Duke a pass on real reform

Energy News Network: A contentious ratemaking bill in North Carolina weakens accountability and fails to demand broader reforms that would advance the state’s clean energy transition, advocates say.

Sponsored by leaders of both parties and backed by the state’s largest utility, Senate Bill 559 would allow regulators to approve upfront, annual rate hikes for up to five years to cover projected spending. Currently, utilities propose rate increases based on past investments.

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