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Duke Energy Rate Increase Proposal Faces Scrutiny in North Carolina

Duke Energy logoDuke Energy
Sig2.74Sen-3.16Env0.00Soc-1.78Gov+0.40

Duke Energy seeks an 18% residential rate increase over two years, which would raise a typical 1,000 kilowatt-hour monthly bill by about $9.62 starting January, then by $5.89 in January 2028. The North Carolina Utilities Commission is hearing testimony on the proposal as Duke argues it funds reliability and future demand, and it pledges $10 million for low-income bill assistance and weatherization.

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