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  • DavyCrockett Nov 30, 4:43 p.m.

    I see the socialists from the Peoples Republic of Chapel Hill are at it again. Why does Duke energy have to pay anything at all for "poor folks"? Answer: They don't. And by the way, when we're discussing people who need help paying for the electricity they consume, how many are retired after having lived up to every nickel they ever made rather than saving "anything" for their future? How many have cellphones, internet, , big screen TVs, and more than one late model auto in the driveway? How many spend money on alchohol and smokes?

  • bluemax4195 Nov 30, 12:15 p.m.

    The article states that he says: "He acknowledged the tough economics times, saying that families who are struggling pull at his heart strings."

    I'll just bet it does, especially when this could mean the difference between a "normal" bonus and a "giant" bonus for him and his 6 digit salary! Come to think of it... that pulls at my heart strings too, as well as something well south of my heart!

    Merry Christmas to you Mr. Carter! Bah Humbug!

  • OpinionatedGuy Nov 30, 11:09 a.m.

    If Duke Energy is hurting for money so badly, Why don't they cancel the purchase of Progress Energy... Then they would have plenty of money... Maybe even get nice big bonuses...

  • golowral Nov 30, 9:55 a.m.

    Nationalize power production and contract out the management to China.

  • superman Nov 30, 9:49 a.m.

    You cannot blame him or hold him responsible for his salary. The Board of Directors hired him and determined his salary. If you want to complain you should channel that anger to the BOD. If you could get a job making 6 million you would take it too. Perhaps there are other people in your organization that feel you are also paid too much for the little that you do. You share the profits of the company you work for since they also pay your salary. The rate hike only means you eat one less burger a month. Small price to pay when you can flip a switch and a light comes on. You are probably the first to call when there is a power outage. Have you complained to your doctor about the high prices he charges. I had a physical a couple months ago. About 10 minutes with the doctor and he charged over $500. Get real people $7 a month is nothing to worry about. If I paid him at the rate of $7 a month it would only take me 6 years to pay.

  • MarcoPolo Nov 30, 9:44 a.m.

    C'mon folks. How else are they going to manage that $10 million dollar "loan" to the democrooks in order to pay for their DNC charlotte convention?

    Nothing to see here. Just standard democrook SOP.

  • Scubagirl Nov 30, 9:32 a.m.

    "I support the rate hike and have no affiiation to Duke power. It cost money, and you are all a bunch of whiners
    stonky"

    Well now stonky....if you have no affiliation with Duke Power then this rate hike won't affect you now will it? If it did I'm pretty sure you'd be complaining as well. This is not whining, so get over yourself. Most of us are already keeping our heat low (cold in house) and a/c high (hot in house) lights off, energy efficient appliances etc and still they want more of our money.

  • Scubagirl Nov 30, 9:29 a.m.

    Of course the President defends the increase-means more money in HIS pockets and less in ours. I still say DE has enough money to cover what they have spent. They are still paying pretty good dividends and companies that don't have money don't pay their stockholders! They ask for an increase every year. JUST SAY NO!!!!!!!!!!

  • twokvin Nov 30, 9:09 a.m.

    "Power, water, gas, food, the cost of everything has gone up since the increase in fuel 6 years ago, and if OPEC has any say, we could easily see $300 / barrel for oil by the end of next year.
    Tired Of Excuses"

    Uhm, most if not all electricity in this country is produced using native resources such as coal and natural gas. Note sure your OPEC argument applies here. Why not look into what the EPA is mandating, could that be the source of higher electricity cost? Barack Obama even advocated this before he became President.

    I do find it odd that prices are going up when we are able to recover vastly more natural gas with new technologies than ever before.

  • warcraft27513 Nov 30, 9:00 a.m.

    Of course he's going to defend the rate hike. The rate hike probably goes towards his salary. Why don't he take some of his salary and help those who are struggling to pay for their electricity.-mochabrown

    Because he's part of that 1% that doesn't give a flying fig about the "common" man.

  • mochabrown Nov 30, 8:21 a.m.

    Of course he's going to defend the rate hike. The rate hike probably goes towards his salary. Why don't he take some of his salary and help those who are struggling to pay for their electricity.

  • Gork Nov 30, 8:19 a.m.

    Public utilities should be just that, publicly owned facilities who don't spend money to advertise to stroke executives' egos and don't build empires to satisfy stockholders. Stop the rate increases, stop the merger. The only question should be, what best serves their current electric customers, period. The first step should be taking public ownership of the distribution network (poles and lines), then offer franchises to provide power on our grid like a cable TV franchise - the low bidder gets to provide our power with contractual performance standards. One other thing - it's very offensive when they take too much money then "donate" $11 million to near-homeless people so they can sleep at night. Put that $11 million back where it belongs and lower their rates - use logic...

  • ncsu305009 Nov 30, 8:07 a.m.

    New! Merger Diet Pills! Start taking them today, and your weight will instantly go up 7 to 20%, guaranteed. But by taking these diet pills, in the future, your weight MAY not go up as much in the future (not guaranteed). Warning: once you start taking Merger Diet pills, the effects are irreversible.

    Would you buy this product?

  • Rebelyell55 Nov 29, 7:56 p.m.

    You are wasting a lot of money on frills...but when it comes to reliable electricity, you want it cheap.
    DavidJonathan
    ...Yep, and they're still making money, so no to the rate increase. Ought to cut the rate.

  • WooHoo2You Nov 29, 7:56 p.m.

    They are creating jobs....debt collector jobs...

  • WooHoo2You Nov 29, 7:55 p.m.

    They can afford to buy Progress Energy,it doesn't sound like they really need a raise.-3 was King

    Sadly they had to get loan(S) to by them. I think that is why they want more.

  • Rebelyell55 Nov 29, 7:52 p.m.

    They want them shareholder to have a good Christmas and he want a nice bonus too.

  • 3 was King Nov 29, 7:39 p.m.

    They can afford to buy Progress Energy,it doesn't sound like they really need a raise.

  • sophiemom Nov 29, 7:35 p.m.

    I am no longer a Duke Power customer since I live in Virginia, but I am still a Duke Power shareholder. I do not see how they can justify a 7 plus percent rate hike.

  • WooHoo2You Nov 29, 7:31 p.m.

    This guy didnt set his salary and he didnt hire himself. You cant blame him for the large sum he is paid.-superman

    A lot of CEOs do set their salaries and how they are paid. They make their company's rules. Why do you think so many company execs still get multimillion dollar bonuses even when their employer is going bankruptor going under completely...

  • iron fist Nov 29, 7:10 p.m.

    superman I lost my job after 37 years can't take a cut when you don't get a salary and cannot afford to pay more for power so they can merge with another company and lay off more workers I don't want to pay for the layoffs we need to have a choice in our who we pay for power but we don't have a choice we are stuck with Duke Energy no competion they can continue to raise rates and I don't have expenise cable tv I have basic dish network basic cell phone make and receive calls only just like city water the less you use the higher the rate because they don't make any money when you reduce usage no way to get ahead

  • audiophile Nov 29, 7:07 p.m.

    So if we 7% hike and will average a $7 month increase, am I calculating it wrong to think that says the avg person currently pays ~$100/month. Many I know pay well north of $100/month, Where can I live that costs well south of $100/month to balance this supposed average. Shame the 'average' includes many idle or forclosed homes that trickle electricity to a few $ per month.

    And to those who pay north of $100/month, it won't be +$7.

    ??

  • vraptor Nov 29, 7:05 p.m.

    If you don't like the higher price, then don't buy it. Go green with solar & wind & animal expelled gases.

  • DavidJonathan Nov 29, 6:43 p.m.

    Things cost money. Duke and Progress are not expensive utilities from the customers' standpoint. Just compare them to utilities in other parts of the country. Duke has to look 50 years down the road in planning for new nuclear and spend now for upgrades, etc. I really don't think their request is out of line. How many people screaming about $7 per month won't cancel their cable TV when it goes up $7 per month? How many of you are paying more than $75 per month for cell phone service? And Android phones? And $50/month gym memberships? You are wasting a lot of money on frills...but when it comes to reliable electricity, you want it cheap.

  • ncguy Nov 29, 6:34 p.m.

    4.8 billion divided by 18000 employees is 26K per

    wow what kind of benefits do they get?

    all the other cost are the same as the past

  • mfarmer1 Nov 29, 6:29 p.m.

    what is interesting they went from 15% to 12% to 7.2%, so what were they doing trying to get away with a higher increase. these people need to be watched, and why is china buying into America? 6 billion in funds from china, do we Americans really want that?

  • SailbadTheSinner Nov 29, 6:18 p.m.

    The article says that, “...Progress Energy's rates are higher than Duke Energy's with about $1 more per kilowatt hour on average.“

    When you look at the Kilowatt-Hour Energy Charge from the Small General Service rate schedule (SGS-17), the cost is $0.1059 per kWh down to $0.08405 per kWh, depending on the total amount of the energy used.

    I suspect the value given in the article is in error....

    STS

  • OzzzMan Nov 29, 6:08 p.m.

    Stop going to Sporting Events, that will bring the price of everything down. I'm serious!

  • meBNme Nov 29, 6:05 p.m.

    HA!! Prove it. I'm sure he can lower his salary and survive for a little while, at least to prove to people that he's serious about that statement.

    Where's the "like" button when you need it?

  • superman Nov 29, 6:03 p.m.

    This guy didnt set his salary and he didnt hire himself. You cant blame him for the large sum he is paid. If they would hire me for 5 million I would be most happy to accept. He is not paid nearly as much as some of the sports figures that so many people watch on tv. As for his cutting his salary perhaps you can show by example and cut your salary.

  • OzzzMan Nov 29, 5:59 p.m.

    Take a pay cut, like the rest of us!

  • superman Nov 29, 5:58 p.m.

    I support the rate hike. Seven dollars a month is only one less hamburger. Everything has gone up. Wonder how many of thoe people has expensive cable TV and how many cell phones are on their contract? I buy store brands at the grocery store, recycle plastic bags and the grocery store still raises their prices. I try to make fewer trips with my car and save gas and they still increase the price of gas. I work hard at my job and they reduce my hours and my benefits. I dont know anything that the price has remained the same over a period of time.

  • Haygrower Nov 29, 5:52 p.m.

    Oh but did he mention lowering his salary and maybe the top five or ten executives next to him .There's no doubt that he could lower his salary by 1 million and still live the plush life that the real working person can only dream of.Wish someone could explain to me why CEO's think that they are worth more than all other people.Maybe I should answer that myself--just another "SADAM" on a smaller scale.MY MOM used to say something about a rich man has as much chance of entering the gates of heaven as a camel does going through the eye of a needle.If I were them I'd be worried"""Watch they will get what they want--utilities commission will rule in their favor on the golf course as they laugh and have fun talking about the working class complaining about a rate hike--put the whole nine yards in a sack, shake it up turn it upside down and they will all fall out together.

  • Tired Of Excuses Nov 29, 5:39 p.m.

    Power, water, gas, food, the cost of everything has gone up since the increase in fuel 6 years ago, and if OPEC has any say, we could easily see $300 / barrel for oil by the end of next year.

  • Deb1003 Nov 29, 5:33 p.m.

    We buy energy efficient appliances, we lower our thermostats in winter, raise them in the summer. As consumers, we do what we can to reduce our energy cost...but in the end, they raise the rates. We're in a no-win situation!

  • stonky Nov 29, 5:27 p.m.

    I support the rate hike and have no affiiation to Duke power. It cost money, and you are all a bunch of whiners

  • ncpilot2 Nov 29, 5:14 p.m.

    Of course the president of the company will defend the rate hike. For all of those quick to support the merger of Duke and Progress Energy, how is that looking to you now?

  • RomneyRyan2012 Nov 29, 5:03 p.m.

    Csn you say pay raise for CEO, wondering what pecentage will end up in his pockets? gtwoods3627 I was wondering the exact same thing.

  • mfarmer1 Nov 29, 4:54 p.m.

    >> "Duke Energy president defends proposed price hike"

    well sure he is going to defend it.

  • gtwoods3627 Nov 29, 4:53 p.m.

    Csn you say pay raise for CEO, wondering what pecentage will end up in his pockets?

  • iron fist Nov 29, 4:33 p.m.

    I try keep my heat set at 66 degrees cannot go any lower

  • Dat MoFo Nov 29, 4:24 p.m.

    Great, another $11 million that me and other people in the Carolinas get to fork over to pay someone else's bills. Adjust your thermostat by 1 degree and that should cover the $7.

  • Pseudonym Nov 29, 4:21 p.m.

    From the article: "He (Brett Carter) acknowledged the tough economics times, saying that families who are struggling pull at his heart strings"

    HA!! Prove it. I'm sure he can lower his salary and survive for a little while, at least to prove to people that he's serious about that statement.

  • kcollier39 Nov 29, 4:16 p.m.

    so in other words,the 7.2 percent rate hike will only effect the working people who pay there bills,and the others who live off the tax payers will get there electric bills paid for with the 11 million that they are going to give for programs to pay for the others.

  • fzero Nov 29, 4:02 p.m.

    And they're going to ask for another one next year? Roy, please torpedo this merger before it happens.

  • westernwake1 Nov 29, 3:50 p.m.

    Indefensible

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