BY BEN SZOBODY • STAFF WRITER • MARCH 2, 2010
"Duke agreed to contribute a slice of its local revenues to a line burial fund in 2006, after The News
reported that other utilities had been doing it for years and that the conversion would cost a fraction of the utility's previous public estimates if a phased effort focused on residential areas.
The city must match the money and has chosen to double its contribution by increasing Duke's annual franchise fee, a cost that's passed to customers as an average $1 a month on the electric bill."
reported that other utilities had been doing it for years and that the conversion would cost a fraction of the utility's previous public estimates if a phased effort focused on residential areas.
The city must match the money and has chosen to double its contribution by increasing Duke's annual franchise fee, a cost that's passed to customers as an average $1 a month on the electric bill."
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