Co-chairmen N.C. Sen. Buck Newton, R-Wilson, left and N.C. Rep. Jeff Collins, R-Nash, talk during the Joint Municipal Power Agency Relief Legislative Study Committee meeting on Jan. 10 in Raleigh.

AP file photo

Co-chairmen N.C. Sen. Buck Newton, R-Wilson, left and N.C. Rep. Jeff Collins, R-Nash, talk during the Joint Municipal Power Agency Relief Legislative Study Committee meeting on Jan. 10 in Raleigh.

Study panel finds few answers on electric rates

By Darla Slipke

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RALEIGH – A legislative committee that has been examining ways to lower electric rates for many residents in Eastern North Carolina is recommending legislation that would limit the amount of money certain cities could transfer from their electric funds to their general funds.

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