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Susan Munroe: Sound business principles for N.C.'s energy market | Columnists


What’s good for North Carolina and its residents is affordable, reliable and cleaner energy solutions that boost local economies and create jobs. House Bill 951, Modernize Energy Generation, which is currently being debated in the N.C. General Assembly, does not expand customer choices or support a competitive marketplace, which North Carolina needs in order to become an innovative, clean energy industry leader.
Instead, it’s a continuation of an outdated monopoly utility business model and fossil fuels that may have worked in the 1950s, but not today or in the decades to come.
A long-time textile leader quoted in a recent Business North Carolina article explained it best: “When we make a poor decision, we just have to suck it up. When Duke Energy makes a poor decision, they just go and raise rates,” said Dan Nation, who oversaw manufacturing plans for most of his 42-year textile industry career with Gastonia-based Parkdale Mills, which has more than 1, ....

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Textile, environment advocates speak against NC energy bill


Textile, environment advocates speak against NC energy bill
By GARY D. ROBERTSONJune 29, 2021 GMT
RALEIGH, N.C. (AP) North Carolina textile executives joined advocates for the environment and the poor on Monday to urge state legislators to reject a major energy bill pushed by House Republicans.
The coalition held a news conference to criticize the wide-ranging proposal, which would order an early retirement of several coal-fired plants operated by Duke Energy subsidiaries. The bill, which got a committee hearing earlier this month, also would expand solar production and allow the electric utility to seek multiyear rate increases from the North Carolina Utilities Commission. ....

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