CP&L seeks another rate hike amid nuclear build costs
CP&L president Shearon Harris testified before the State Utilities Commission that a 22 percent rate increase now being sought may be followed by additional requests within a year to fund the Brunswick Nuclear Station near Southport. He warned Moody’s ratings drops have raised borrowing costs and said $5.3 billion is needed over 10 years to meet projected demand. He noted peak demand and public conservation gaps during the August heat wave.
MENTIONED IN THIS ARTICLE
Raleigh
Ap—Carolina Power and Light Co
Shearon Harris
Harris
State Utilities Commission
Cp&l
New Brunswick
Southport
Moody’s Investment Corp
New York
Cpé&I
Dep. Atty
J. Beverly Lake
Lake
New River Plan Circulating for Wild and Scenic Review
Interior Department circulates North Carolina New River plan to Virginia and West Virginia governors for 90 day responses before ruling. NC seeks 26.5 miles in Ashe and Alleghany Counties to join Wild and Scenic Rivers System to block a proposed 430 million dollar CP&L hydroelectric dam plan in Grayson County Virginia.
MENTIONED IN THIS ARTICLE
Washington
North Carolina
Interior Department
Mills Godwin
Virginia
Arch Moore
West Virginia
Interior Departement
North’ Carolina
Ppalachian Power Company
N.C
Ashe
Alleghany
Norfolk Navy reports minor collision far from initial sighting
AP dispatch from Norfolk says two ships, the carrier Independence and the store ship Denebola, collided while transferring stores. Damage limited to elevator area on Independence and bulkhead on Denebola. Both ships remained operational.
MENTIONED IN THIS ARTICLE
Norfolk
Independence
Navy
Norwegian Sea
NATO
Portsmouth
England
Mediterranean Sea
Atlantic Fleet
Denebala
Also Mentioned on This Page
United States
Ford
People's Republic of China
Trenton
Carolina Power
U.S
Grayson County
Rock Hill
S.clap
Columbia
Friendship College
Vetrans
Jesse Lampley
Stedman Sloan
Kentucky
Ost
Lin Dfe
John F. Kennedy
Belknap
Kennedy
Naples
Italy
Charlotte
Ford Motor Co
Charlotte-Mecklenburg
Sears
Lionel
Anteaceary
AFX Penske Raceway
Sears Price
Yee
N.G
Greensboro
Winston-Sale
Bs, Roebuck and Fa
Yoest
Spartanburg
Florence
Danville
Auto Center
S. Ridge
Tou Xce
of Alu
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!