Duke Energy Progress is Asking for an 18.9 Percent Rate Hike

NC Policy Watch

Duke Energy Progress is asking for a 18.9% rate hike. Here’s how to comment on the plan.

The average Duke Energy Progress residential customer will pay an additional $25.55 per month for electricity by 2026, if the NC Utilities Commission approves the company’s request for a rate hike. The increase is equivalent to 18.9% for a household that uses 1,000 kilowatt hours per month. It will be staggered over three years, with ...