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We support this bill because it strengthens North Carolina'sCoal Ash Management Act by providing broad safeguards that protect people, pocketbooks and the environment, as legislators envisioned when they first passed the law. We appreciate the broad support for this legislation from lawmakers, and from the business and environmental communities. We will review the amendments to the bill passed today and monitor the bill's progress as it moves forward.

Specifically, we support the reconstitution of the Coal Ash Management Commission (CAMC) and the vital role it plays in providing oversight and making recommendations on a variety of safety, environmental and cost factors for the disposal of this non-hazardous material. Very importantly, under the law, the CAMC has sole responsibility for considering how closure plans impact customer bills.

If changes to the law are adopted, the company would be required to do even more under CAMA than it is today. In addition to safely closing all basins, including excavating them if necessary, Duke Energy would be required to provide permanent water supply to ash basin neighbors when needed.

While the science and engineering continue to demonstrate that we have not influenced plant neighbors' wells, we believe giving them peace of mind also benefits North Carolinawhile preserving the full range of cost effective options to safely close ash basins.

About Duke Energy
Headquartered in Charlotte, N.C., Duke Energy is a S&P 100 Stock Index company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at duke-energy.com.

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Duke Energy Corporation published this content on 26 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 31 May 2016 17:46:04 UTC.

Original documenthttp://news.duke-energy.com/releases/duke-energy-supports-strengthening-north-carolina-s-coal-ash-law

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