North Carolina regulators are sizing up a plan allowing Duke Energy to charge consumers a little more as it increases energy efficiency and demand reduction.
The state Utilities Commission holds a hearing Tuesday in Raleigh on how the Charlotte-based electricity company would make up for lost revenues. The hearing comes a day after Duke Energy, the Environmental Defense Fund, and the Utilities Commission’s consumer advocates unveiled a settlement that includes a $400,000 bonus if the company increases energy savings by more than one percent in any year. Read More
According to the EIA The U.S. industrial sector was responsible for more than 30% of total U.S. energy consumption in 2011. While the term ‘industrial sector’ may sound remote to the general public, its impact on daily life is highlighted by the wide range of industrial activities represented by the products and equipment found at a local supermarket.
