Court Says Duke Fuel Rate Approval Violated Law; Customers Will See No Refunds
4 Articles
4 Articles
No refunds after court overturns 2024 Duke Energy rate adjustments
The North Carolina Court of Appeals has determined that the state Utilities Commission made a mistake in 2024 when allowing Duke Energy to raise rates based on unrecovered fuel costs from 2022. Yet a change in state law in 2025 means that customers will see no refunds based on the mistake.
NC Appeals Court Rejects Duke Energy’s $17M Fuel Cost Recovery in Fuel Rider Dispute
A North Carolina appellate panel has ruled that state regulators improperly allowed Duke Energy to recover more than $17 million in fuel expenses outside the statutory one-year review window, concluding that the governing law limits recovery to costs incurred during a defined 12-month test period. In a pair of unpublished decisions, the North Carolina Court of Appeals reversed orders from the North Carolina Utilities Commission that had approved…
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