Duke Energy CEO says: Suck it, peons. Whaddya gonna do, go without?

[TalkingDog]

Duke Energy CEO warns Southern governors of costlier energy
By: ASSOCIATED PRESS


ASHEVILLE, N.C. — The head of Duke Energy is telling southern governors that the days of cheap, plentiful energy will soon be behind them because power companies are upgrading plants and competition is heating up for increasingly scarce fuel.

Duke chairman James E. Rogers said Saturday that consumers can expect to see energy prices rise by 30 percent or more over the next decade. The sharp increase may be a shock following several decades of relatively stable prices.

Rogers spoke during the Southern Governors' Association meeting in Asheville.

Rogers says Duke Energy customers now spend an average of 1.9 percent of disposable income on electricity, a figure that is likely to jump. He says consumers will need to become better managers of their energy use if they hope to get costs back under control.

[DJ13]

1. Mr. Rogers should be careful

Those Southern folks arent likely to take a shine to being screwed over.

[Name removed]

2. Deleted message

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[ixion]

3. Distributed Energy Systems, Mr. Rogers, in other words:

Bite me.