Happy Holidays! Progress Energy jacks up rates
by Bill Graham ~ November 18th, 2008. Filed under: Business, News.
RALEIGH–The Associated Press reports today that Progress Energy has received permission from the North Carolina Utilities Commission to raise the average household electricity bill by just over 10%. The company had requested a 16% increase, citing higher fuel prices.
Rates will increase in December.
Meanwhile, the Tennessee Valley Authority, on the other side of the Blue Ridge, has announced a 6% reduction in electric rates, citing lower fuel costs.
I suppose it depends on what part of the wave you’re surfing.
All of which reminds me of a trip to the post office a few weeks back. I was heading in when a pretty girl, age 20 or so, bolted out, yelling, I DON’T KNOW WHY I BOTHER TO PAY RENT ON A POST OFFICE BOX WHEN ALL I EVER GET IS DISCONNECT NOTICES FROM THE LIGHT COMPANY!
Franklin, NC