Duke Energy gets green light from N.C. for new water supplies
"Today's decision finally resolves this issue for plant neighbors and helps preserve the full range of safe basin closure options, which benefits all customers," said David Fountain, Duke Energy president - North Carolina.
In its preliminary approval, NCDEQ noted it will gather additional information about water quality standards and the treatment systems. Duke Energy will provide the agency with any information that it requests as part of that process.
The company will offer a $5,000 goodwill payment per property to support the transition to a new water supply.
Duke Energy will provide all eligible residential property owners a property value protection plan.
If a homeowner sells his or her property or is under contract to sell before October 15, 2019, and does not receive fair market value, Duke Energy will cover the difference in price.
In communities where a public water supply is available and selected, neighbors will receive a stipend to cover approximately 25 years of water bills. The payment will be based on water rates in their community and an average residential usage of 5,000 gallons a month.
The stipends range from nearly $8,000 to $22,000, depending on the local water rate.
Neighbors who select the sophisticated water treatment option will benefit from the value of the approximately $10,000 system, plus long-term maintenance paid by the company. ■