AARP North Carolina
members help derail controversial utility bill provisions!
Thanks to you, the most
expensive provisions of Senate Bill 559 were defeated. The original bill put public
utility companies’ interests above those of North Carolina utility customers. Lawmakers heard
the concerns of AARP members and many others and declined to change the way the state’s
Utilities Commission reviews rate increases.
Provisions could have allowed multi-year rate hikes and latitude to earn
more than the target rate of return (banded rates). All of this happened in spite of the efforts of
Duke Energy, which lobbied intensely for the change.
The North Carolina General Assembly did approve a change in the way utility companies finance storm
repairs designed to save ratepayers money. However, the bill's most controversial
measures were defeated. This is a huge win for North Carolina utility
Please take a moment and thank your Representative for standing
up for the needs of North Carolina utility customers by protecting a regular
public review process that is important to keeping utility rates fair and
reasonable in the future.
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Dear [Decision Maker],
Sincerely,[Your Name] [Your Address] [City, State ZIP]