Duke CEO: All Customers Pay For Coal Ash Cleanup

Duke Energy CEO Lynn Good (T. Ortega Gaines/The Associated Press)

Duke Energy's CEO says while the company and its shareholders will pay to clean up a coal ash spill in the Dan River, its customers likely will shoulder the costs of closing the rest of the utility's coal ash ponds across North Carolina.

Duke CEO Lynn Good told The Charlotte Observer (http://bit.ly/1dCstn6 ) that customers benefited from the ash when it was the byproduct of making electricity for generations, so they should have to pay the costs of dealing with the ash now.

Duke Energy has until March 15 to let Gov. Pat McCrory details about how it will pay for taking care of its 32 ash ponds at 14 North Carolina power plants.

Good spoke after receiving the BusinessWoman of the Year award at Queens University on Friday.

(Copyright 2014 The Associated Press. All rights reserved.)