Regulatory Team Update: Annual Duke Energy Carolinas Rider Hearings

Monday morning, counsel for NCSEA appeared before the NC Utilities Commission ("Commission") to participate in evidentiary hearings for the annual calculations of three bill riders for Duke Energy Carolinas ("DEC") customers. The three riders allow DEC to recover costs for (1) fuel for traditional generation, (2) demand-side management and energy efficiency programs, and (3) Renewable Energy and Energy Efficiency Portfolio Standard compliance. Since these costs vary from year to year, the riders are investigated annually by the Commission.

At Monday's hearings, previously filed documents, testimony, and exhibits were formally entered into the record. Counsel for NCSEA introduced as exhibits several responses obtained from DEC through discovery. These will be used by NCSEA in post-hearing briefs when NCSEA presents its arguments to the Commission.

Post-hearing briefs and proposed orders are to be filed with the Utilities Commission by early July.

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