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"We understand that, for some customers, any increase is important," spokeswoman Meredith Archie said. Don’t miss how your favorite fast-food restaurants got their names. The SELC is one of several groups fighting the increase.Ī Duke spokeswoman said after the hearing that the company "doesn't take any increase lightly." The price for fries and soda were each ten cents, while a burger cost 15 cents. "For a Duke representative to suggest that the company's low-income customers can deal with the proposed $5.99 hike in the monthly mandatory fee on their bill by eating one less McDonald's value meal per month is just insulting," Southern Environmental Law Center Attorney Gudrun Thompson said after the hearing wrapped up for the day. Duke cleared $3 billion in profits last year, and Chief Executive Lynn Good, who attended Monday's hearing, made more than $21.4 million, a near doubling of her compensation since 2015. Somers' metaphor struck some in the audience Monday as coarse. The basic facilities charge for those customers went from $11.13 to $14 per month.
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Regulators approved about half the company's request, boosting rates 6.2 percent for now and going up to 7.3 percent after four years. >Americans eat Big Mac, fries, and coke as their meal >then they eat apple pies and ice cream as des.
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The Utilities Commission }signaled earlier this year that it will allow that pass-on in deciding a similar case for Duke Energy Progress, which serves eastern parts of North Carolina. The company also wants to pass along to customers coal ash cleanup costs forced by changes in state and federal law after a company pond spilled ash into the Dan River four years ago. For Cheeseburgers, the variation was even greater, from 1 in places like Chicago and Houston to 2.29 in New York.
#Cost of a big mac fries and coke full#
Like the basic facilities charge, some of that rider would come as a fixed monthly charge, starting out at 72 cents a month and ramping up to at least $5 a month around 2021, an analyst arguing against the full increase testified Monday. I noticed the price going up, it now cost 8.81 for a big Mac, fries and a large coke Customers may pay anywhere from 3.75 for a Big Mac in Austin, Texas, to 6.39 in Seattle. Add to that an additional $13 billion the company wants from tack-on bill riders, which would fund roughly a decade's worth of upgrades to the state's power grid and the burying of power lines. But it's not the only increase Duke seeks.ĭuke Energy Carolinas, the company subsidiary serving the western half of the state, began this process by asking for a 16.7 percent rate increase, though that figure has come down some after negotiations with attorneys representing the public before the Utilities Commission. The increase is, indeed, the price of a Big Mac value meal from McDonald's. The company wants an increase of $5.99 for residential customers, for a total of $17.79 a month. Attorneys seeking to block state regulatory approval of the company's full request have keyed at times on Duke's basic facilities charge – the fee customers pay each month just to be hooked into the company's electric grid. Somers was pushing back against claims that the company's rate hikes, meant to raise billions of dollars in new revenue over the next 10 years, would be a hardship for some. "One extra Big Mac, fries and a drink," Duke Deputy General Counsel Bo Somers said during the company's ongoing rate increase hearing before the North Carolina Utilities Commission. Duke Energy customers facing a rate hike regardless of how much electricity they use shouldn't be too worried, because it's just the price of a McDonald's value meal each month, a company attorney said Monday. For less than the cost of a Big Mac, fries and a Coke, you can buy a loaf of fresh bread and some good cheese or roast beef, which you will enjoy much more.Raleigh, N.C. How much would a cheeseburger fries and coke cost from mcdonalds Wiki User.