Duke Energy customers to save $1.1 billion in settlement over coal ash cleanup costs

Duke Energy agreed to a settlement with state officials and the Sierra Club that will save N.C. customers over $1.1 billion in costs they would have had to pay to offset the expense of the Charlotte-based utility’s coal ash cleanup. Ratepayers were initially slated to pay for much of the cleanup costs. Duke Energy had long stored coal ash, a byproduct of power production, mixed with water in open pits or basins. A 2014 spill of toxic ash into the Dan River at one of those pits led to a yearslong campaign by state and federal officials to clean up the waste. “Today’s settlement is a win for eve…

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