Amid Financial Conflicts and Recusal Concerns, NC Supreme Court Upholds Duke Energy Rate Hike

Amid financial conflicts and recusal concerns, NC Supreme Court upholds Duke Energy rate hike

In 2023, a reorganized North Carolina Utilities Commission allowed a higher profit rate for Duke Energy Carolinas than for Duke Energy Progress, despite similar facts. A high court where some members have conflicts of interest upheld the decision. The post Amid financial conflicts and recusal concerns, NC Supreme Court upholds Duke Energy rate hike appeared first on Energy and Policy Institute.

Billy Corriher: The N.C. Supreme Court’s Duke Energy ruling made all of us poorer — and may enrich the Chief Justice

BEACON MEDIA GUEST FEATURE  By Billy Corriher, State Courts Manager at People’s Parity Project Action Conflict of interest rules for the judiciary should have prevented N.C. Supreme Court Chief Justice Paul Newby from ruling on Duke Energy’s rate hike, the author writes.  This story was originally published on Beacon Media.    In late May, the North Carolina Supreme Court approved Duke Energy’s drastic 2023 price increases. The court rejected ar…