Recommendation To Raise Electricity Rates

The office that works as North Carolina's consumer advocate on utility rate cases thinks raising electricity rates could be a good idea. The State Utilities Commission's public staff recommended the state study raising rates to create a fund to promote conservation and efficiency. Money from the fund could be used to pay utility customers for such things as insulating their homes, and taking other energy saving measures. Part of the rate increase would also pay utility companies for lost revenues.