N.C. Suspends Long-term Avoided-cost Rates
The North Carolina Utilities Commission has permitted the state's major investor-owned electric utilities to suspend their
existing avoided-cost rate offers for long-term power purchases from qualifying cogeneration facilities, pending regulatory review.
The commission said it would also review a proposal by North Carolina Power Co. to reduce the eligibility threshold for the avoided-cost rates from the current capacity level of 5,000 kilowatts, to only 100 kW.
Consumers Would Overpay.