Monday numbers

Monday numbers

- in Progressive Voices, Top Story

The NC Utilities Commission is holding an evidentiary hearing today at 1:30 p.m. on a proposed 14 percent overall rate increase by Duke Energy Progress.

$16 — The amount a typical residential customer’s monthly electric bill would increase under Duke Energy Progress’s rate hike proposal (Charlotte Business Journal)

94 cents — The monthly bill increase under the utilities commission public staff’s proposal (ibid)

$954 million — Duke Energy’s profit in the third quarter of 2017 (Duke Energy financial filings)

$13.8 million — The annual salary, including stock options, of Duke Energy CEO Lynn Good (Charlotte Observer)

47.5% — Percentage of income spent on energy costs for households in the bottom half of the federal poverty level, Avery County. This county ranks highest in the state in energy cost burden for low-income households. (theatlantic.com)

$3,128 — Estimated annual energy costs for those low-income Avery County households (ibid)

191,000 — Number of North Carolina households helped by the federal Low Income Home Energy Assistance Program (LIHEAP), a bill assistance program, 2016 (NC Justice Center)

16% — Percentage of eligible NC households served by LIHEAP

$3.3 billion — Proposed appropriation for LIHEAP, 2018 Congressional budget (Congressional Budget Office)

$0 — Proposed appropriation for LIHEAP, 2018 President Trump budget (White House budget)

5,859 — Number of photovoltaic solar energy systems installed in North Carolina, as of September 2017 (NC Sustainable Energy Association)

$14,000 — Average cost to install a 6-kilowatt rooftop solar system in North Carolina, after deducting the federal tax credit

30% — Amount of federal tax credit for rooftop solar (Solarize Now)

35% — Amount of state tax credit for rooftop solar, 2014 (ibid)

0% — Amount of state tax credit since the NC legislature allowed the program to expire, 2015 (ibid)