"It would mean that TWO companies would have to build the distribution network and each run wires to your house. Why would any one company spend the money (which was conservative's capital intensive comment) to duplicate infrastructure that was already in place?" - JDNCSU

You also have a tough argument here because many of us from the Northeast grew up in towns (prior 1960) that had two electric utilities with their own plants. We had LILCO (now LIPA) and the town's private electric utility. We had low rates because they were forced to compete on price and service. This lasted until LILCO bribed the state politicans to force all the private electric utilities out of business... and became the sole monopoly with some of the highest rates & worse service in the nation.

"It's you that are wrong westernwake...what would it take to have a choice of two electric service providers to your home? It would mean that TWO companies would have to build the distribution network and each run wires to your house. Why would any one company spend the money (which was conservative's capital intensive comment) to duplicate infrastructure that was already in place? In the end you can only use one set of wires from one provider, what happens to the other provider's wires? Providing duplicate infrastructure does not make economic sense in most cases, and THAT is why when people do not" - JDNCSU

Well in that case - LET'S REMOVE THE LAW THAT ONLY ALLOWS ONE ELECTRIC UTILITY PER TERRITORY and see what happens. We should also do the same thing with Cable TV franchises. You are aware that there are several towns in the U.S. that have TWO CABLE COMPANIES. They have the lowest cable rates and highest rated service.

MORE LIES AND GREED, WE ARE JUST AS IMPORTANT AS YOUR GREEDY STOCK HOLDERS.....WE HAVE NO MORE TO STEAL FROM JUST TO LINE YOUR POCKETS WITH MORE......

why is a 10% profit a good thing? inflation is 3%..maybe.. a 4 or 5% profit..they are a business and business must make money(profit)..but since they are a monopoly the profit should be less..there is less risk on their part..so the profits should be lower.. investing and maintaining power stations is what they do why should they get special treatment for this?? I don't understand. I used saw blades all the time should I get a special rate on new ones? I don't

I just hope they keep the demand use program..we work hard to make this system work..and it pays..

Conservative, give me a different one.

Duke sure made the Commission look like a bunch fools. Come to think of it, maybe they ARE a bunch of fools.

So the law doesn't give a hoot about economic hard ships for consumers, just for share holders. eddybal

How many interpretations of the law would you like based on your convenience?

pdbullard, those "cheap" coal plants cost a lot of money paid by the health care system. In no other country of the western world do you find these outdated mega polluting coal burning power plants. The reason why utilities are shutting them down is the abundance of cheap natural gas.

It's a ripoff, criminal!

This is what you get when to force energy companies to use sources like wind and solar that are not economical. Progress energy is requesting their first hike in 17 years. Those cheap coal facilities are being shut down by the government and the customers will have to pay for it. If you want to know who to blame look in the mirror

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