Published July 24, 2013 By Bill Poovey | GSA Business bpoovey@scbiznews.com Duke Energy in a settlement has agreed to a $119 million rate increase over two years, almost half as much as the utility originally proposed. If approved, the increase for 540,000 households and businesses in South Carolina will take…
Duke could raise residential rates 10%
July 23, 2013 By RUDOLPH BELL The (Greenville) News GREENVILLE — Power bills for homeowners and renters would increase slightly more than 10 percent over two years – much more than business customers – under a proposed settlement of Duke Energy’s third rate hike in South Carolina since 2010. The…
Residential power bills to rise by more than 10 percent under Duke rate hike propos
July 23, 2013 By Rudolph Bell, Greenvilleonline.com Power bills for homeowners and renters would increases lightly more than 10 percent over two years – much more than business customers –under a proposed settlement of Duke Energy’s third rate hike in South Carolina since 2010. The settlement, which the state Public…
Business owners breathe sigh of relief after Obama delays part of health care reform rollout
Published on July 3, 2013 By Lauren Sausser | Charleston Post & Courier The Obama administration announced this week that some businesses will not need to offer health insurance to their employees next year under the federal Patient Protection and Affordable Care Act, but the roll out of the rest…
Duke Energy talking smaller rate request
GSABusiness By Bill Poovey bpoovey@scbiznews.com The South Carolina agency that represents the public’s interest with utilities has recommended that Duke Energy reduce its $220 million rate request and the utility has agreed to consider seeking less. The recommendation is for $119 million over two years, or a 5.5% increase —…
Small Business Chamber opposes Duke rate hike
June 21, 2013 By Bill Poovey | GSA Business The president of the S.C. Small Business Chamber of Commerce said before the first public hearing on Duke Energy’s request for a third rate increase since 2010 that the request is “not justified and particularly not justified for small businesses.” Frank…
End of Red Tape in South Carolina — Again?
Published on May 15, 2013 By Corey Hutchins | Free Times This week, Nikki Haley’s 16 cabinet agencies and others are set to report to the governor a list of all suggested regulations they want repealed or tweaked in an effort to shred red tape in state government. Back in…
Businesses question Duke’s rate hike request
May 10, 2013 By Bill Poovey | GSA Business Journal Duke Energy says additional revenue from a rate increase is needed to offset investments in infrastructure and new energy production, including $141 million for safety and security measures at the Oconee Nuclear Station (above) near Seneca. (Photo/Duke Energy) DukeEnergy’s…
Small Business Owners Reject Corporate Tax Avoidance
Published on April 24, 2013 Accuracy.org Two national business policy groups released a poll showing small business owners strongly oppose corporate tax loopholes. More than four out of five small business owners (85%) oppose aterritorial tax system, which would permanently exempt offshore profits fromU.S. taxation. Frank Knapp is vice chairman…
Small business opposes multinational corporations’ tax avoidance
Published on April 9, 2013 By Frank Knapp, Jr. | The Hill’s Congress Blog In our highly partisan environment there seems to be very few issues that Republicans, Independents and Democrats agree on. This partisanship is easily seen in Congress but is also alive with voters across the country. Small…