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Butterfied: Paying down ElectriCities Debt with Fed Money is Not Possible
When asked about using federal stimulus funds to pay down ElectriCities’ debt, he said it’s not possible. He explored the idea but found there are too many places in the country facing soaring energy costs to be able to single out one area for special help. To use federal funds to pay down the regional…
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Wilson Councilman wants to dismantle ElectriCities. But, would you be better off to dismantle the Wilson City Council? Well, Yes & No…Here’s Why…
I’ve posted the entire article below because most of the people I know can’t afford to pay the $30/month for the Wilson Times online access. –I’ve got my own issues with charging for online content, but that’s another story. After reading the article, here’s my input that I think in noteworthy. You may not like…
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What Could the General Assembly Do For Ratepayers? And How Much Is Political Capital Worth? Well, Here’s My Plan…at long last!
Quote: “To me, this is an honest and brokered approach that is not only doable, but morally correct and ethical.” Having read the Elizabeth City advance I started thinking it’s time for me to put up or shut up. Well, below is a plan I think the City of Rocky Mount (through the guidance of…
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Western Half of North Carolina are getting fighting mad that electric rates are going up…well, Welcome to the Club friends.
Funny I didn’t see a hell of a lot of chanting from them when our rates hit the roof over here in in eastern NC. Maybe that’s because there has always been the perception of “we know how to manage our stuff better with nuclear.” At least that what one NC Rep told me 2…
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Oak Level: The Gift That Keeps On Giving
Below is a comment I posted on the Rocky Mount Telegram today under an article that had nothing to do with Oak Level Annexation. The reason I put the article there was because someone (Oak Level supporter, no doubt) directed the comments attached to the article back to …guess what? Oak Level and their annexation…
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SEC Officials Surfing Porn During Financial Crisis, Report Finds—From ABC NEWS
The Securities and Exchange Commission is the sheriff of the financial industry, looking for crimes such as Bernard Madoff’s Ponzi scheme, but a new government report has concluded that some senior employees spent hours on the agency’s computers looking at sites such as naughty.com, skankwire and youporn as the financial crisis was unfolding. A new…
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High Point Nuclear Power Costs To Rise
…take a close look at what Edwards says about the national demand for power-dropping 3.6%. If we weatherize our homes the demand will (in theory) drop even lower. The price will still continue to rise because not only is this a supply/demand issue but a debt issue. All, and I mean all, of these towns…
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The Way OUT of NCEMPA & ElectriCities
There’s no advantage to staying with ElectriCities I read with interest your article “ElectriCities Opens Up on Debt Options” in the March 25 edition of the Telegram. I would like to submit a couple of options that were not mentioned, as well as expand on the comments by Mr. Michael Colo with Poyner and Spruill.…
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Dominion rates are low low low
Dominion is looking for a rate hike, but look at how low the average cost is for Dominion customers. –BTW, they haven’t raised rates in 17 years. Can’t say that for NCEMPA! Can you? Dominion Power seeks rate hike From staff, wire reports Tuesday, February 16, 2010 The major electric utility in northeastern North Carolina…
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Beating A Dead Horse
Better efficiency will lower costs Sunday, February 21, 2010 I appreciate Mayor Roger McLean’s efforts to reduce electric rates; however, it appears that reducing our rates more than a pittance is not going to be possible until we are able to remove ourselves from our current provider. I am puzzled, then, why no one talks…