Electric rate hike sought in N.C.

Comments on Topix forums : RALEIGH On a day when grim economic news dominated national headlines, North Carolina consumers got a dose of more bad news on the home front as well, as Progress Energy Corp. Full Story
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Since: Dec 07

Location hidden

#22 Jun 7, 2008
My guess is they might get 8% to 10% out of their original 16% request.

What the Commission should do is strip out the portion built in to cover "future costs given continued higher [energy] prices. Until that happens they shouldn't receive anything that doesn't reflect actual cost absorption.

But since this is to take effect in December that gives households time to budget and/or save for the increase.

Since: Oct 07

Greer, SC

#23 Jun 7, 2008
Stone Jack Baller wrote:
My guess is they might get 8% to 10% out of their original 16% request.
What the Commission should do is strip out the portion built in to cover "future costs given continued higher [energy] prices. Until that happens they shouldn't receive anything that doesn't reflect actual cost absorption.
But since this is to take effect in December that gives households time to budget and/or save for the increase.
OT: I would like to ask you some questions about bets on horse racing. Would you mind emailing me, address is on my profile? I promise not to hassle you, would just like to know a few things.

Since: Dec 07

Location hidden

#24 Jun 7, 2008
Last Buffalo wrote:
<quoted text>
OT: I would like to ask you some questions about bets on horse racing. Would you mind emailing me, address is on my profile? I promise not to hassle you, would just like to know a few things.
Mail call!

“Why do ya need to know that?”

Since: Feb 07

Leicester

#25 Jun 7, 2008
Stone Jack Baller wrote:
<quoted text>
Mail call!
Imagine it...I dont think Last Buffalo will put a "hex" on you, either!!:)

Since: Dec 07

Location hidden

#26 Jun 7, 2008
Dunnin wrote:
<quoted text>
Imagine it...I dont think Last Buffalo will put a "hex" on you, either!!:)
Better not, my mojo is strong...<winks>
Keith retired Gun-bunny

United States

#27 Jun 9, 2008
Why the hell not. Progress Energy might as well get on the bandwagon and get their share of the pie.
Keith retired Gun-bunny

United States

#28 Jun 9, 2008
Stone Jack Baller wrote:
My guess is they might get 8% to 10% out of their original 16% request.
What the Commission should do is strip out the portion built in to cover "future costs given continued higher [energy] prices. Until that happens they shouldn't receive anything that doesn't reflect actual cost absorption.
But since this is to take effect in December that gives households time to budget and/or save for the increase.
Can't budget the way gas prices are rising. One day this, next day higher.

“Life as good as you let it be”

Since: Dec 07

Leicester, NC

#29 Jun 9, 2008
Reader wrote:
What a lovely thing to read first thing in the morning. So, now it costs an additional $20 to fill my car with gas for the week, that increase will add $23-$35 a month on my electric bill. The sad thing is I wonder what the elderly on fixed incomes and social security are going to do. The charities that help with heating assistance and the food banks and such don't have enough to help everyone already and it's going to get worse in more people needing (or deserving) assistance and not being able to get it.
Guess the garden needs to be made bigger and I need to learn how to can and freeze.
If you can afford the electricity to run the stove to use the canner.
Yep

Asheville, NC

#30 Jun 9, 2008
Jerry in Asheville wrote:
...'bout time for a good ole revolution don'tcha think??...
the rEVOLution has already begun, or did you not know it?
Yep

Asheville, NC

#31 Jun 9, 2008
Remember to THANK a DEMOCRAT about Progress Energy, because they are the one who continue to allow all these rate increases!
Fangs Bared

United States

#32 Jun 9, 2008
Yep wrote:
Remember to THANK a DEMOCRAT about Progress Energy, because they are the one who continue to allow all these rate increases!
So Republicans won't allow them to recoup their costs? Say what?

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