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Duke Energy reaches settlement to enhance protections from data center costs
Seeking Alpha ·
Seeking Alpha reports: Duke Energy said Wednesday it reached an agreement with Amazon, Google, Meta, Microsoft, and others intended to protect electricity customers from the energy costs of data centers and other large-load customers in North Carolina. Duke Energy said the agreement with North Carolina Public Staff will require a non-refundable, upfront payment for electric grid facilities serving only that customer, such as a substation to connect to the grid, and upfront deposits and…