Newspapers / The Charlotte Post (Charlotte, … / Sept. 19, 1985, edition 1 / Page 11
Part of The Charlotte Post (Charlotte, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
•H *»*» iUo <a chAp ,g,^L n.. ^°^>' “ *•rmUy h*id ta r*1*^ • rfCe*Uy U P"*** «w proposed Duke Power rate »T ' . e - — - _ Neighborhood* for No Utility Increase. united lieigliborhoods For No Utility Increases Gains Support ■y Loretta Manato * Post Managing Egg*,. Emerging aa a seemingly power lew group, The United Neighbor hoods for No Utility Increases k«« had a powerful ally to come to its rescue. Attorney General Lacy Thornburg spoke strongly in opposition of Duke Power’s proposed rate increase of 1321 million to the Utilities Com mission. Nearly 30 Charlotteana of the UNNUI joined other North Caroli nians in a rally that was held recently In Raleigh, protesting the teeue. they brought with them signed petitions of 16,000 signatures. ' In Ms speech Attorney General Thornburg made perfectly deer hit position on the issue. He stated, "...considering all the evidence that we have presented In the rate hearing we have shown that i ‘ cent of Duke Power's $321 increase can be regarded as sary, reasonable, justifiable or fair. "Not only that, our nrnuneed findings of fact support ouFcXhl sion that Duke. Power should de -- - ■ __ crease its annual gross revenues by more than 9190 million.” In an earlier statement to Melvin Whitley, the director of Charlotte Organizing Project, Lacy Thorn burg made plain that, according to the statutory standards that must be applied by the North Carolina Uti lities Commission to judge the re reasonableness of rate increases, Duke Power’s request should have been denied. He further added that Duke Power currently has 9900 million of re served earnings and 9450 million in cash, making Duke Power’s request for a 15.2 percent profit for share holders of the Catawba plant ex cessive. This news was greatly received by the UNNUI who organized nearly three months ago to protest Duke Power’s rate increase proposal. The members of the UNNUI complained that those who would be most af fected by the rate Increase if ap proved would be the poor and the elderly. It has been estimated that an additional 9150 will be added to the average family’s electric bill. This type of unity, present at the recent rally, combining concerned citizens from all across North Carolina apparently made a dif ference. Tuesday evening, it was announced that the Utilities Com mission ruled that Duke Power should only receive half of what it asked for. Instead, of the $320 mil lion, Duke Power only received $160 million. While that decision still means that there will be an increase on North Carolina citizens’ electric bills, it also means that those in creases will probably be in a range that the poor and the elderly will be able to afford. The little guys, like the United Neighborhoods for No Utilities Increase do make a dif ference. To Place Classified Ads Call 376-0496 J «■ Sample Ballots Sample ballots for the September Si, 1986 City primary election are now available at the Mecklenburg Elections Office, no East Fourth St., and at all public library branches inside the Charlotte City limit*. . Only Democrats and Republicans will be eligible to vote for Mayor City Council at-large candidates, *nd City Council candidates in Diatricta 4, 3 and 7. Pick up a copy of the sample ballot •nd study it before you go to the Poll*, Tuesday, September 24. The polls are open from 8:30 a.m. until 7:30 p.m. If you have questions about the upcoming election, call 336-2133. READ THE POST 11 Read The Charlotte Post Willie Caldwell <704) 390-7004 (Beeper) 330-1780 From.... TILLERS TO TEACUPS Rent Most Anything For Your Occasional Need TVICP Weddings -- Gardening Floor-Carpet Care-Etc. inf.pr 4525 N. Tryon St. 598-8484 Whiplash The ^ PAIN Of An n~7>s. mu., Acc,dent«J/^ WHIPLASH Covered By Most Insurance See Your Chiropractor Dr. Dennis Watts 2501 A - Beatties Ford Rd. 393-3333 You're Always Welcome „ ^ wnere y°u arc today wasnt easy toute doing better, much better than any; " " “older generatiorf of Americans. ' Today, people over fifty have S0.2°A discretionaiy income in the country Vv In 1983 dollars, the average before-tax SraM&Tte§K"'has,ten''c"' , That’s quite a bit of money and it takes a bank with big resources to develop new kinds of services that keep your dollars strong. Fbr exampfe,you probably make your own decisions on stock and bond trades,so we can save you up to 70% on commissions. Between trades,you can keepyour funds e^r^^Semo^1 ^°unts> where theY keep ~ QPKvippC r0uiP6cl p^opi^ WBiBfliblfl bSTllcbllt WC know nnK/ nnp W3VWP pan cfAV tndt u/av ti ict l/ppnuf/wl/inr« VOl I OtuY LI IQ L W Qy, 11 \ Iy^Mi j WOrKl [ID to be the —^ ,
The Charlotte Post (Charlotte, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 19, 1985, edition 1
11
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75