Duke Energy gets stimulus funding
Duke said it will use the funds from the Department of Energy to modernize its power distribution system and install digital equipment on the transmission system in the Carolinas. It said the funding will save or create about 1,000 jobs in Ohio, Indiana, Kentucky, and the Carolinas.
The grant is part of $3.4 billion in government support for 100 projects announced in October.
Duke Energy Corp. is one of the nation's largest power generators with 4 million customers in the Carolinas and the Midwest.
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After reviewing two competing exit fee proposals, all five commissioners voted Thursday in favor of an adjustment that many CCA advocates predicted could hamper the growth of the community choice movement.
But minutes after the vote was announced, one of the leading voices in favor of the city San Diego establishing its own CCA said the decision was good news because it provides some regulatory…