Duke Energy buying time - waiting for the state’s new governor
Corruption and cronyism...
Duke Energys most recent move to delay filing a rate case with the N.C. Utilities Commission will avoid the Charlotte utility having two complex cases before the commission simultaneously.
Duke says its move is designed to ease the commissions workload. The commission is expected to hold rate hearings for Progress Energy about the time that Duke would file its rate case in February or March.
Were sensitive to the amount of work involved for our company and certainly for the commission and staff in having two rate cases filed in close succession, Duke spokesman Mike Hughes said.
But some advocacy groups say Duke may be buying time for the states new governor to alter the makeup of the commission. Republican Pat McCrory has emerged as the gubernatorial front-runner. McCrory is a former mayor of Charlotte and also a 29-year veteran employee of Duke Energy.
McCrory spokesman Ricky Diaz referred questions about the candidates policy on such nominations to the campaign website. The site says McCrory will want nominees who understand the private sector, fight onerous regulations and make government more responsive to business.
(In other words, McCrory and his crooks don't even deny it. "
making government more responsive to business" usually means f*cking the consumers.)
http://www.newsobserver.com/2012/10/25/2438710/duke-energy-again-postpones-rate.html