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NC companies face penalties for natural gas usage

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RALEIGH, N.C. - More than 100 North Carolina businesses face penalties because they failed to shut off their natural gas during the extreme cold weather in January.
    
The News & Observer of Raleigh reports (http://bit.ly/PDHiwP) the companies continued burning natural gas as temperatures fell and natural gas prices spiked. As a result, the businesses incurred hefty penalties and ran up utility bills that in some cases exceeded a year's worth of energy costs for just several days of running heaters and heavy equipment.
    
PSNC Energy and Piedmont Natural Gas are asking state regulators to forgive their customers for violating the terms of their utility rates and to waive most of the extra fees.
    
The N.C. Utilities Commission has scheduled hearings in May to hear PSNC's request and in June to hear Piedmont's case.
    
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Information from: The News & Observer, http://www.newsobserver.com

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