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Power bills are getting worse in North Carolina. While families try to cope, high rates have grabbed the attention of news media and politicians such as Gov. Josh Stein, Attorney…
A new report from the John Locke Foundation, “Energy Poverty in North Carolina: Securing Affordable, Reliable Power,” features a county-by-county energy poverty index for North Carolina. The previous research brief…
A new report from the John Locke Foundation’s Center for Food, Power, and Life gauges the extent of energy poverty in North Carolina and proposes several recommendations to return the…
After years of gearing electricity policy to political choices apart from affordability and reliability of service, policymakers in North Carolina are becoming concerned about rising power bills. Electricity is a…
Did a new law let Duke Energy illegally pass along $1 billion in fuel costs to North Carolina electricity customers? No. Nevertheless, a recent WRAL news report, amplified by the left-of-center…
The badly named Inflation Reduction Act of 2022 (IRA) flooded the economy with virtually unlimited incentives for “clean energy” projects. Advocates for the bill touted a figure of $369 billion…
Introduction Because electricity is a basic human need, North Carolina law has long required least-cost, reliable electricity at the flip of a switch. It’s what people expect, and true public…
Model legislation known as the “Only Pay for What You Get” Act would let utilities earn a profit on only the reliable portions of power plants. Analysis showed that, given current expansion plans, Only Pay would result…
Under current law, a power utility in North Carolina can expect full cost recovery and profits on building new power plants, regardless of their reliability. This structure incentivizes overbuilding the…
My recent piece in Washington Examiner looks at the issue of massive subsidization of certain energy sources and then pretending they’re not expensive. It also criticizes the central planning behind…
The Carbon Plan acknowledges that Duke Energy Progress (DEP) customers pay electricity rates that are 19 percent higher than Duke Energy Carolinas (DEC) customers, because DEP has more solar and…
Media won't tell this story at all. How do I know? Because they haven't. It would involve reporting on Gov. Roy Cooper and Atty. Gen. Josh Stein breaking their promises…