Duke Energy President Announced Plans To Spend Over $13 Billion To Upgrade NC’s Electric Grid

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duke energyAt this past week’s State Energy Conference in Raleigh, Duke Energy’s regional president for North Carolina presented an incredibly ambitious plan to spend over $13 billion in our state over the next 10 years to upgrade and modernize our electric grid.

This would be in addition to the nearly $1 billion Duke already spends every year for regular maintains and upgrades.

He noted that the new spending will help Duke customers through increased reliability, more services, and a higher proportion of renewable sources.

Fountain estimated that the increased spending would create approximately 14,000 new jobs and produce $800 million in tax revenue across our state.

Do you think Duke Energy is doing a good job? 

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