Duke Energy Progress is Asking for an 18.9 Percent Rate Hike

Duke Energy Progress is Asking for an 18.9 Percent Rate Hike

Hearings taking place across the state will begin this week. Here's how to attend.

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 ...