Cause of Electric Rate Increases

NC utility rates have steadily risen since 2000 to pay for the rising cost of fuel, new coal, and natural gas power plants – but not to pay for renewable energy and energy savings programs as many consumers may think.  The NCSEA has conducted an investigation into the rate increases and will be releasing an Electricity Rates and Economic Impacts Report in early October.  Find NCSEA’s fact sheet at http://energync.org/assets/files/Rate%20Impact%20Fact%20Sheet(1).pdf

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