Duke Energy Carolinas wants to raise rates. Governor, attorney general say it shouldn't

Duke Energy Carolinas wants to raise rates. Governor, attorney general say it shouldn't

Stein said in a statement at the time that SB266 "shifts the cost of electricity from large industrial users onto the backs of regular people."

Duke Energy proposes 15% rate hike, Stein, Jackson object

Gov. Josh Stein opposes Duke Energy’s recent request with the North Carolina Utilities Commission (NCUC) to revise rates at Duke Energy Carolina and Duke Energy Progress, which would include a 15% increase from current revenues.  Duke Energy filed with NCUC to request an annual revenue increase of $1 billion for Duke Energy Carolinas ($727 million in 2027, and $275 million in 2028), which would mean a 15% increase over current revenues, and $729…