Duke Energy cuts proposed rate hike nearly in half as NC regulators weigh settlement
The North Carolina Utilities Commission is reviewing a settlement that would raise Duke Energy Progress residential rates by 9.3% over two years. Duke originally proposed raising residential rates by 18% over the same period.
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6 articles from 3 sources. Updated Aug 13, 2026.
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2 sourcesRan by 2 outlets· WSPA Greenville-Spartanburg, CBS 17 Raleigh
NC AG Jeff Jackson rejects Duke Energy rate settlement, calls 6.8% hike 'still too high'
Duke Energy rate hike hearing draws heat from advocates who point to company's $5B profit in 2025
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