The country’s largest electric company says it’s challenging an order by North Carolina’s environmental agency to excavate coal ash from all of its power plant sites in the state.
Duke Energy Corp. said April 11 it will file an administrative appeal by May 1. The order could cut the risk of toxic chemicals leaking into water supplies but add billions of dollars to electricity bills.
The company has said it wants to cover the storage pits at six power plants with a waterproof cap, calling it a cheaper option that would prevent rain from passing through and carrying chemicals through the unlined bottoms.
The Charlotte-based company says complete excavation would cost about $10 billion, nearly double current estimates. Consumer advocates are demanding the company’s shareholders pay that bill instead of customers.
Topics North Carolina
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Insurance Broker Valuations – The Elephant in the Room
Lawsuit Alleges Microbetting Product by DraftKings, FanDuel, NFL Leads to Addiction
Meta Loses Insurance for Defense in Major Social Media Addiction Litigation
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K 

