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Duke Overcharging By $20M A Year, NC Utilities Say

By Christine Powell (January 8, 2016, 8:15 PM EST) -- Two coalitions of North Carolina municipal utilities and electricity cooperatives on Thursday hit Duke Energy Corp. units with lawsuits accusing them of over-rewarding their investors by more than $20 million per year, asking the Federal Energy Regulatory Commission to reduce the rate of investor returns it previously approved for the electricity giant....

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