Bill Summaries: H889 NCEMPA/DUKE ENERGY NEGOTIATIONS.

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  • Summary date: Apr 16 2013 - View Summary

    Encourages the North Carolina Eastern Municipal Electric Power Agency (NCEMPA)  to explore feasible options with investor-owned utilities to aid NCEMPA member cities in (1) divesting their ownership interest in five specified electric generating assets and (2) reducing electric rates to their residential and business customers.

    NCEMPA must submit results of its efforts to the Joint Legislative Commission on Governmental Options and the Utilities Commission no later than December 31, 2013.