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ElectriCities: Edward’s First Day
The following is an old post from Taxpayers Against ElectriCities. Some of not most of what they say is still valid today. As the new CEO starts his job we suggest he Cleans house and start over. And, don’t fall into the same trap as Jessee Tilton. And, in case any body forgot about the…
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Summary of Material Terms of CEO Contract
This was faxed to us today from the ElectriCities attorney’s office. It is the terms of the contract for Graham Edwards, new CEO to begin June 22.
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T. Graham doesn’t play well with Governors
If you’re a governor of a State associated with T Graham Edwards (new Electricities CEO), you’ll know the T doesn’t stand for Teddy bear. Edwards doesn’t have a problem standing up for his companies even against state governments. The whole question now becomes…is he going to stand up for the ratepayers of eastern North Carolina?…
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Not A Bad Package In A Down Economy
Graham Edwards annual comp package: Base salary: $535,000 Incentive bonus: 10 percent of base salary ($53,500) Retention bonus: 10 percent of base salary ($53,500) Severance benefits: payable in the event of termination without cause. Includes the most recent base salary, incentive and retention bonus. Legal expenses: reasonable fees if terminated without cause and customary amounts…
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What Happened in Statesville May Happen Here
As weatherization money flows from the Federal Government that is a decent chance that it may work. Weatherization project goals are geared to decrease the consumption of electrical needs of ratepayers. Most Cities in both the western and eastern power agencies depend on utility revenue to balance their budgets. Rocky Mount and Wilson is no…
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ElectriCities Hires Graham Edwards as CEO
We reported on this last week when we mentioned it regarding our video on the NCEMPA Board Meeting. Edwards base salary will be $535,000 a year plus benefit package (including severance). Edwards worked at Midwest ISO until his retirement. He retired to South Carolina. Edwards starts June 22nd. Read the Press Release From Electricities Click…
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Easley Scandal Hits Progress Energy
From the Associated Press Monday June 1 2009 Questions of influence peddling abound. Companies that worked closely with the Easley administration — including Progress Energy Inc., Blue Cross Blue Shield and AT&T Corp. — gave at least $150,000 to Easley’s speakers series while her husband was in office. Some reported donating money to sponsor a…
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Butterfield Votes for Green Energy Bill
Congressman G.K. Butterfield, D-N.C., voted to approve climate change legislation during a committee vote on Thursday night. Butterfield, vice chairman of the Subcommittee on Energy and Environment, worked closely with the authors of the legislation, Reps. Henry Waxman, D-Calif., and Edward Markey, D-Mass., to ensure that consumers and jobs were protected. And, in his closing…
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Climate-Change Bill Hits Some of the Right Notes but Botches the Refrain
Click on the picture to read the Washington Post Editorial regarding HR 2454.
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Watch Your Lawmakers on CSPAN.ORG
This is a very important time to watch CSPAN regarding the Energy & Climate Change Bill. Debate and voting on amendments to the “American Clean Energy and Security Act of 2009” continues today in the House Energy & Commerce Cmte. The committee is scheduled to meet most of this week on the bill. Cmte. Markup:…