Duke Energy cuts proposed NC rate hike to 11.6%, still too high, AG says
AG called the change “a step in the right direction,” but said still too high.
Duke Energy has lowered its proposed rate increase for residential customers in North Carolina.
The company reduced the request from 18% to 11.6%.
North Carolina Attorney General Jeff Jackson called the change “a step in the right direction,” but said the proposed increase 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," Jackson said in a statement. "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 is expected to decide this fall whether to approve or reject the rate hike.
If approved, the new rates could take effect in January.
