Georgia Power Company (GPC) operates a fleet of old coal plants. Their oldest coal units, Yates units 1 and 2, are 61 years old. Unlike wine, cheese or a savings account, coal plants do not get better with age. They become more expensive to maintain, less efficient and more damaging to human health and the [...]
As discussed in the main post, Price signals don’t always work, creating a meaningful connection between energy price signals and consumers is challenged by a number of market barriers. Those market barriers are particularly acute when it comes to energy waste (but are also present for customer-sited renewable energy); overcoming barriers to energy efficiency requires [...]
A new report by the Energy and Water in a Warming World Initiative (EW3), “Freshwater Use by U.S. Power Plants: Electricity’s Thirst for a Precious Resource,” details how water use by power plants for cooling needs stresses freshwater resources around the country, including here in the Southeast. The report also reveals that the reporting of water [...]
As Grist’s David Roberts might remind us, Bob Inglis’ recent climate change commentaries are a throwback to an era when policy and appeals to self interest had a role in national politics. A year after reasoned debate abruptly surrendered to unhinged anti-environmental sentiment, Bob Inglis’ perspective is barely heard by the most vocal members of [...]
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, [...]
North Carolina is increasing energy efficiency, cutting waste I’m a native Floridian and as long as I can remember, there’s always been a special relationship between Florida and North Carolina, especially in the heat of summer when some Floridians retreat to the mountains for milder temperatures. Both states nicely combine the gracious hospitality of Southern [...]
“One cool judgment is worth a thousand hasty councils. The thing is to supply light and not heat.” – Woodrow Wilson The past couple of weeks have seen heat grip the nation’s capital both literally and in debate. Unbelievably – and despite growing economic uncertainty, a mounting debt crisis and multiple overseas military operations – [...]
People in the Southeast do want energy efficiency! We had no doubts, but it is great to see strong participation in the first full year of new efficiency programs offered by Progress Energy Carolinas (PEC) and Duke Energy Carolinas (DEC). Our analysis shows that both utilities achieved greater savings and spent less per kWh than [...]
Recently, we shared the great news that most utility customers across the Southeastern states that we focus on have or will very soon have access to meaningful energy efficiency programs. By 2015, these efficiency programs are projected to achieve energy savings ten times what they were just a few years ago. We’re excited about that [...]
Sometime this summer, Apple will open the doors on a 500,000 square foot data center in Maiden, NC. Lured to the location by a $46 million dollar tax break from the state of North Carolina, Apple’s bottom line will also benefit from some of the cheapest electricity rates in the country, which are the direct [...]
