[marajade]

And NC doesn’t care if Duke Energy sells it to you considering they are operating in their state?

[NC28203]

>>>And NC doesn’t care if Duke Energy sells it to you considering they are operating in their state?

As a regulated utility serving my locality, the state of NC does have an interest in Duke Energy's sales of electricity to me, a NC resident. I, however, doubt that the state of NC has much of a role in the pricing that Duke Energy charges to a resident just over the state line in SC for energy produced from that same nuclear power plant here in NC.

[Ditto]

And NC doesn’t care if Duke Energy sells it to you considering they are operating in their state?

You are confusing service territories (distribution) with power generation.

Duke, and every other regulated utility, has an obligation under law to provide electric service within that exclusive territory granted them by the state.

They are under absolutely no obligation to generate electricity, and in fact there are a great many electric utilities that have no generation facilities at all. Those pure distribution companies purchase all the power they sell from other generation companies which may or may not be regulated by the state.

The unregulated producers or Non-utility generators, are called IPPs, or Independent Power Producers, and they basically sell to the highest bidder, but they are under no obligation to sell to anyone. And unlike a regulated utility, they are not guranteed a certain rate of return as set by the regulators. They can make as much as they want or they can go totally bust if they don't run the operation correctly.