November 8th, 2011 () Utilities › John D. Wilson › 1 Comment
According to a new study from Citizens for Tax Justice, Duke Energy led five other Southeastern utilities in avoiding federal corporate income taxes. Compared to the statutory 35% corporate tax rate, Southeastern utilities paid about 10.5% of pre-tax profits in federal taxes during the 2008-10 time period. Duke’s effective tax rate of -3.9% (that is, [...]
October 7th, 2009 () Coal, High Risk Energy › Ulla-Britt Reeves › 1 Comment
Sign NC Conservation Network’s Petition Opposing Duke’s 18% Rate Increase TODAY! Have you heard the news? Duke Energy wants to raise customer utility bills… in part to pay for dirty coal. Throughout September, the North Carolina Utilities Commission hosted public hearings around the state on the proposed Duke Energy rate increase. The conclusion of the [...]
May 1st, 2009 () Climate Action, Coal, High Risk Energy › Ulla-Britt Reeves › 2 Comments
On April 20th citizens from across the country descended on Charlotte, North Carolina to deliver a “Call to Conscience” message to Jim Rogers and Duke Energy that construction of the 800 MW new Unit 6 at the Cliffside coal plant is not OK. In what became the largest anti-coal rally in the history of the [...]