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650 Million Dollars

I can see it now. The two (2) companies both agree to the passing of $650 million in savings to customers. I can see it now. The new company within the next two (2)years will request rate increases in an effort to recover the 650 million plus interest they gave to customers in savings. They will get the rate increases because under North Carolina Law, a Regulated Utility in this state cannot lose money. So we might as well bank any savings they give us so as to be able to pay it back to them in a couple of years.


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