Energy savings program may not be bright idea: Duke ratepayer groups question complex payment plan
Duke Energy ratepayers have asked regulators for more time to study what they describe as an “unprecedented” way of paying for an energy-efficiency program the utility is proposing. They are concerned it might be a better deal for shareholders than customers. North Carolina-based Duke proposed its “save-a-watt” program last fall, arguing it will boost by more than 10 times the energy savings over existing efficiency options for its 777,000 Indiana customers. The program would offer such things as compact fluorescent…