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QUIZ
Match these average prices of electricity based on cents
per kilowatt-hour with the right U.S. region (West, Northeast,
Midwest and South): (a) 5.1 cents (b) 4.3 cents (c) 7.3 cents
and (d) 4.0 cents
(Scroll down for answer)
Duke Eliminates 2,000 Jobs
After a 79 percent drop in third-quarter earnings, Charlotte-based
Duke Energy announced it was cutting 2,000 workers out of
its 25,000-employee work force. Charlotte and Houston are
expected to be the markets where most jobs will be lost. Over
10,000 employees work for Duke in North and South Carolina.
Information Week Taps Duke
A ranking by Information Week magazine has tapped Duke Energy
the No. 1 utility in the U.S. in the use of information technology.
The magazine cited technology used by Duke to respond to the
bad ice storm that hit the Carolinas last December.
TVA Approves Millions in Tax Payments to Southern States
The Tennessee Valley Authority is paying state and local
governments in the South a record $329 million in tax payments
for the 2003 fiscal year. The federal utility has been making
tax equivalent payments to states in the South since its inception
in 1933. The payments are based on electric power sales and
TVA owned property in seven Southern states. Tennessee, where
TVA provides the most power of any Southern state it operates
in, is receiving about $200 million of that $329 million this
year. Alabama will receive over $77 million. Knoxville, Tenn.-based
TVA is the nation's largest public power producer and receives
no federal tax assistance.
Charlotte Airport May Build Its Own Power Plant
On the heels of the Great Northern Blackout of 2003, officials
at the Charlotte/Douglas International Airport are considering
building a power plant that will serve the facility exclusively.
Currently, the airport has backup generators that keep critical
functions operational in the event of power interruptions.
Charlotte's airport encompasses 1.7 million square feet and
6,000 acres of land.
QUIZ ANSWER
(a) 5.1 cents is the average cost of electricity per kilowatt
hour in West (b) 4.3 cents - Midwest (c) 7.3 cents - Northeast
(d) 4 cents - South
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