Environmental Expert On Duke Energy Rates

Electric powerlinesLawyers for Duke Energy questioned environmental expert Anthony J. Yankel in the second day of hearings into the utility’s request for a $28.5 million increase in Ohio customer rates for wind storm costs.  The expert concluded that the Sept. 14, 2008 windstorm was an “act of God” that caused losses for consumers as well as Duke. That conclusion would be factored into a decision on how much the utility should be allowed to recover from ratepayers.

In a 2008 decision, the Public Utilities Commission of Ohio (PUCO) said Duke was entitled to “reasonable and prudently incurred storm restoration costs” for the Ike wind storm. The hearings Tuesday and Wednesday before PUCO attorney-examiners are designed to provide a recommendation to the five-member commission which has the final say on any increase.

For more, see cincinnati.com.

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