Energy and Housing Affordability Act.

Summary

The bill changes how North Carolina electric utilities can adjust rates for fuel and fuel‑related expenses. Utilities must submit detailed cost data, hold a public hearing, and any over‑ or under‑recovery of fuel costs will be split 80% to customers and 20% to shareholders. It also sets aside money for the state’s workforce housing loan program.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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