After North Carolina Attorney General Jeff Jackson, along with other intervenors, the public staff, and North Carolinians, filed objections to the proposed rates, Duke Energy Carolinas announced Monday that it is lowering its proposed increase for residential customers from 18 percent to 11.6 percent.
“Our case was that Duke could afford a lower rate while still meeting its needs. Duke just agreed,” said Jackson in a press release. “They’ve taken a step in the right direction by bringing the new rate down, but it is still too high. Our case is about lowering this rate hike and making sure rates for data centers and other large users are handled in a way that is fair to families. We are making that case right now on behalf of families across the state. I’m grateful for the people who showed up and spoke up about what higher power bills would mean for them. You made a real difference.”
The North Carolina Utilities Commission will decide whether to approve, reduce, or reject Duke’s proposed increase. A decision is expected this fall, and if approved as filed, the new rates would take effect on January 1, 2027.
Contributed article.
