Comments :: Progress seeks first rate increase in 25 years

Progress seeks first rate increase in 25 years

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Gets down to the old chicken/egg argument. Which is more important to the overall health of the country (which comes first) - the manufacturing plant that employs people, or the citizens who buy the products the plant makes? Seems like you can't have one without the other. The question is - how much would a 9% increase in electric service cost in the price of a widget vs. how much would a 14% increase in electric service affect the family of four with a combined income of $50,000 a year?

miseem
October 15, 2012 7:33 p.m.

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Johnnyplusthree, so I guess you're saying, this is NOT Bush's fault. Are you trying to tell us that the Democrats in causing the price of electricity, gas and food (basic necessities)to skyrocket hurts the poor and middle class much more so than it does the wealthy upper class? Are you saying that Obama and his crowd are a bunch of hypocrites? Well, you convinced me; this socialism stuff is for the birds.

larieke
October 15, 2012 2:24 p.m.

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Could this be just the sneaky way of increases for those new regulations that were put into the new environmental laws through this past administration.?? you know the ones that they promised WOULD NOT RAISE MY RATES when so many opposing all those new regulatons were stating it would increase our bills.. guess we're finding out who was fibbing...

ladyblue
October 15, 2012 2:09 p.m.

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Huh? Just a couple of months ago, when the hearings for the merger were happening, one of the "good reasons" to approve the merger were "added value" for the customers in the form of a "savings of over 600 million dollars".....RIGHT. Pull the other one.

SARCASTICLES
October 15, 2012 1:53 p.m.

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The state is broke, they need the increase in sale tax they'll get from the rate increase.

Rebelyell55
October 15, 2012 1:45 p.m.

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I find this amazing that they have not had an increase in 25 years. DUH i think that's an error since my light bill made 2 increases last year on price of kilowat usage. I still hve the bill stubs to prove it. we were told it woudl be 2 increases 6 months prt and it was...

ladyblue
October 15, 2012 1:32 p.m.

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johnnyplusthree ++++1. Thanks for reminding them.....they do seem to forget what was "promised and delivered"!

ginaosbo
October 15, 2012 12:52 p.m.

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So that slip of paper sent out with the elec. bill from the nc util. comm stating that they would not allow duke to raise the rates for three years was just a smoke screen to get people off there back. Sounds like the uc might be on duke powers payroll. As it is right now PE is duke. or is this just another big business trying to give themself a huge christmas bonus for Dec.

pipcolt
October 15, 2012 12:26 p.m.

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My oh MY - DOn't we have short memories. Duke, PE and other utilities told you in big bold letters, THEIR WILL BE TWO RATE HIKES. Approx 20% each, one in 2013 and one in 2014. They have to pass along the new law mandating 20% energy from alternatives. Alternatives cost about 4 times more than natural gas, so you guys on the left voted for high utility bills, now PAY FOR THEM!!!

johnnyplusthree
October 15, 2012 12:24 p.m.

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Awful.. i can barely afford it now

Mom120
October 15, 2012 12:01 p.m.

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