Energy

Tomorrow's Energy: Pricing Power

Apr 15, 2010
Electric power meter, energy
Creative Commons/Jc3s5h

Most energy consumers know what they pay for electricity.  But very few of us know why we pay what we do.  Who decides what a kilowatt should cost?  And how does energy policy change that?  In this segment of our series North Carolina Voices: Tomorrow’s Energy, Laura Leslie reports on the complex process of pricing power.

Energy companies are predicting that the need for power will grow in North Carolina in the coming years. With climate legislation likely, they are turning back to an energy source that has been put on the back burner for several decades… nuclear.

In February, President Obama announced 8 billion dollars in loan guarantees for a Georgia utility company hoping to build new nuclear reactors. Progress Energy and Duke Energy both have plans to also build new nuclear to serve customers in North Carolina.

Energy companies are predicting that the need for power will grow in North Carolina in the coming years. With climate legislation likely, they are turning back to an energy source that has been put on the back burner for several decade: nuclear.

In February, President Obama announced 8 billion dollars in loan guarantees for a Georgia utility company hoping to build new nuclear reactors. Progress Energy and Duke Energy both have plans to also build new nuclear to serve customers in North Carolina.

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