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North Carolina legislators override Governor’s veto of bill that allows for more frequent electric rate increases

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North Carolina Legislators have overridden Governor Stein’s veto of SB 266, a invoice that allows utilities to lift charges exterior of the standard procedures and cost clients for vitality investments which will by no means be carried out. SB 266 immediately undermined a 2021 invoice designed to guard customers by guaranteeing that utilities couldn’t improve electrical energy charges with out a complete evaluation course of. By overriding the Governor’s veto, North Carolina legislators will permit SB 266 to rescind these protections, placing clients liable to unexpectedly excessive electrical energy payments.

“This override is an enormous step backwards for North Carolina households and communities. Voters in rural Bertie, Edgecombe and Martin counties — and in city Mecklenburg County — need to know their very own representatives forged essential votes permitting utility building prices to be handed immediately onto communities already scuffling with a excessive vitality burden,” mentioned William Munn, regional director of the Carolinas for Vote Photo voltaic in a press assertion. “SB 266 strips away the safeguards that have been put in place to make sure transparency, equity and accountability in how utilities set charges. It’s a disgrace to see legislators fail the very folks they have been elected to serve.”

Information merchandise from Vote Photo voltaic

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