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July 29, 2008

Duke Energy's ideas not so bright, more like a dim bulb

bulb.jpg North Carolina PIRG (campaign page) is leading a campaign that's shining light on a not-so-bright idea from Duke Energy. The behemoth utility -- one of the monsters that came out of the misguided Enron-wrought deregulation push of the 1990s, is asking ratepayers to buy compact fluorescent lightbulbs at a price that includes a subsidy to shareholders for 90% of the cost of the nuke and coal base-load plants it will not need to build due to the energy savings. From a coalition release:

"While families are struggling to pay energy bills, Duke Energy is requesting hefty, new charges for energy efficiency." says Shana Becker, Staff Attorney for NCPIRG. Under the program, Duke would charge $18.23 for promoting an energy efficient light bulb that retails for $1.65...
This isn't Save-A-Watt, it's Hit-A-Wallet. Worse, the purported efficiency program is in-efficient; efficiency programs in other states save 7-10 times as much. Raleigh News and Observer via RedOrbit.

Posted by Ed Mierzwinski at July 29, 2008 02:47 PM


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