It’s no secret, the Carolinas are growing and quickly. According to the U.S. Census , South Carolina is the fastest-growing state in the country and North Carolina is number five.
Customers say bills doubled after Duke Energy rate increase
All of that growth means we’re demanding more and more electricity, not just to power our homes, but also for our growing manufacturing sector. That’s why Duke Energy says it wants to add a lot more power to the grid as quickly as the utility company can, but renewable energy advocates are skeptical about how claiming the plan relies too much on carbon-emitting natural gas and unproven developing technology.
Duke Energy submits a plan every two years, in compliance with North Carolina law, explaining how the utility plans to meet future energy needs and work toward the state’s mandated carbon-reduction guidelines. Duke Energy must work toward a 70% reduction in CO2 emissions from 2005 levels by 2030 and net-zero emissions by 2050. The law allows some leeway for Duke’s deadlines should it need extra time to meet the goals due to factors outside the utility’s control or in the event necessary to maintain the reliability of the existing power grid.