Duke Energy cuts proposed rate hike nearly in half as NC regulators weigh settlement
The North Carolina Utilities Commission is reviewing a settlement that would raise Duke Energy Progress residential rates by 9.3% over two years. Duke originally proposed raising residential rates by 18% over the same period.
Reports & sources
NC Newsline
NC environmentalists continue pushing back on Duke Energy rate hike (opens NC Newsline)NC Newsline's feed description
ABC 11 Raleigh
Duke Energy rate hike hearing draws heat from advocates who point to company's $5B profit in 2025 (opens ABC 11 Raleigh)ABC 11 Raleigh's feed description
WSPA Greenville-Spartanburg
Duke Energy cuts proposed rate hike nearly in half as NC regulators weigh settlement (opens WSPA Greenville-Spartanburg)WSPA Greenville-Spartanburg's feed description
WCNC
Customers face higher bills as Duke Energy requests rate increases (opens WCNC)WCNC's feed description
13News Now Norfolk
NC AG Jeff Jackson rejects Duke Energy rate settlement, calls 6.8% hike 'still too high' (opens 13News Now Norfolk)13News Now Norfolk's feed description