Tool to lure big plant to North Carolina approved by House

The Associated Press

Natural gas customers could be charged a little extra if their utility extends gas lines in part to lure a large manufacturer to North Carolina in legislation that's passed one chamber.

 

RALEIGH, N.C. (AP) — Natural gas customers could be charged a little extra if their utility extends gas lines in part to lure a large manufacturer to North Carolina in legislation that's passed one chamber.

The House voted 67-46 Thursday night for legislation that sponsor Rep. Mike Hager of Rutherfordton said could help attract an automobile plant to the state.

The measure would let a natural gas company recover costs for extending lines to an area where it's not otherwise economically feasible. The new business would have to invest at least $200 million and want to hire at least 1,500 workers.

Hager says customers could see their bills go up a few dollars per year. The bill now heading to the Senate would cap such recoverable costs for all natural gas companies at $75 million.

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