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  1. #11
    Join Date
    Oct 2016
    Posts
    3,582

    Default Re: 50 Cents is Not a Just Payment for a Duke Energy Easement

    They did pay your family for the use of the land. $0.50.

    Utility easements are just a fact of life in the modern world.

    Have you considered talking to Duke Energy about the possibility of them putting their lines underground? If they can you would have to pay for it but you could then build your dream home.

  2. #12
    Join Date
    Apr 2018
    Posts
    17

    Default Re: 50 Cents is Not a Just Payment for a Duke Energy Easement

    I'm no attorney, but I can't see how Duke Energy would owe you interest compounded daily for 55 years. Your grandparents accepted .50 for the easement.

  3. #13
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: 50 Cents is Not a Just Payment for a Duke Energy Easement

    Quote Quoting paddywakk
    View Post
    I'm no attorney, but I can't see how Duke Energy would owe you interest compounded daily for 55 years. Your grandparents accepted .50 for the easement.
    Realistically speaking, they accepted the benefit of receiving the utility's services, with the nominal consideration being recited on the deed as a legal formality.

    Even if I believed that there were a viable cause of action, the statute of limitations ran a long time ago.

  4. #14
    Join Date
    Nov 2013
    Posts
    6,668

    Default Re: 50 Cents is Not a Just Payment for a Duke Energy Easement

    Quote Quoting MsWesley
    View Post
    Thank you PayrolGuy, you are right. This will not be the last time I deal with them. 15 ft. setback I got told yesterday. So now I know I can not put a ranch style home on my family property because you say duke energy can limit my access to what I have to pay local taxes and keep the grass cut on. Serious!
    The least Duke Energy can do is pay my family for the use of our land so we can put smaller homes on our share real estate.
    What Legal Experts have never challenged Electric Company(ies) for just compensation?
    You are not getting it. It is not just compensation for the use of the land. It is compensation for consideration on a contract. Knock yourself out. It is a losing battle.

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