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NC Attorney General Says He Will Reject Duke Energy Settlement
Jackson says the reduced deal still shifts too much cost to families, even after Duke agreed to $10 million in bill aid and weatherization support.
- North Carolina Attorney General Jeff Jackson refuses to sign a proposed Duke Energy Progress rate settlement, arguing the company misrepresented costs under oath. Jackson contends residential customers would face a 9.3% increase, not the 6.8% Duke cited.
- Duke originally requested an 18.1% increase over two years, then lowered the proposal to 6.8% following negotiations with the North Carolina Public Staff. Jackson maintains even this reduced figure remains too high for families in eastern North Carolina and Asheville.
- Sara Heilman of NC WARN noted Duke reported $5 billion in profits last year while many North Carolinians struggle with bills. Raleigh resident Julian Scott said, "anybody that works 40 hours a week" should afford electricity without working multiple jobs.
- As part of the settlement, Duke shareholders agreed to contribute $10 million for customer bill assistance and home weatherization. The North Carolina Utilities Commission will make the final decision, with new rates taking effect January 1, 2027, if approved.
- Jackson is separately pushing the North Carolina Utilities Commission to make the Ratepayer Protection Pledge legally binding. In July, he similarly refused a 9.5% rate increase for Duke Energy Carolinas, establishing a pattern of scrutiny over rate hikes.
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12 Articles
12 Articles
Carolina Coast OnlineReposted by 
Carolina Journal
Carolina JournalJackson rejects Duke Energy deal, says 6.8% rate hike too high
A settlement in the Duke Energy Progress rate case that would raise residential electric bills about 6.8% over the next two years, as opposed to their original request of 18.1%, is still too high, according to North Carolina Attorney General…
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Total News Sources12
Leaning Left0Leaning Right2Center7Last UpdatedBias Distribution78% Center
Bias Distribution
- 78% of the sources are Center
78% Center
C 78%
R 22%
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