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Mason Hart

American People May Have to Pay for a $7.5b Loan

American People May Have to Pay for a $7.5b Loan

American taxpayers could give a loan of more than $7.5 billion to a partnership that includes Chrysler and wants to make batteries for electric cars in Indiana. The Loan Program Office of the U.S. Department of Energy announced on Monday that StarPlus Energy has gotten a “conditional commitment” for the multi-billion dollar loan. The money ...

Mason Hart

Why Duke Energy Says Rates for Electricity Are Going Down

Why Duke Energy Says Rates for Electricity Are Going Down

CHARLOTTE, N.C. — When Duke Energy’s electric rates go down on January 1, 2025, users could save money. Duke Energy Carolinas announced earlier this year that the price of fuel used to make energy at its power plants would go down by 3.6% starting in January. This is part of an annual change that happens ...