“A bill to repeal the state’s renewable-energy requirements passed its routine first reading in the N.C. House Thursday. But House leadership took the unusual step of referring the bill to four committees. That sets up a tortuous legislative path for the bill. And with House Speaker Thom Tillis already urging caution on changes to state energy policy, it appears the leadership is slow-walking the bill through the process.”

“The renewable energy mandate forces utilities to buy very expensive windmill, solar, and other ”renewable” energy, and those utilities, being monopolies, just pass those extra costs on to consumers in the form of mvch higher rates. Now it has come out that Tillis has an ownership interest in Aquestra Bank, which invests in solar power ”farms”. Tillis is just feathering his own personal financial nest at the expense of North Carolina electric rate payers.”

http://www.bizjournals.com/charlotte/blog/power_city/2013/03/nc-house-slow-walks-bill-to-end