Not only did Duke Energy get a 7.2% rate hike last month, this is Duke’s fourth rate hike since 2009, and they’re filing for another general rate hike later this year. Unless Duke’s ambitious construction plans are stopped, we expect rate hikes to continue for the next decade.
Duke rate hike still has critics – The Charlotte Observer
Duke Energy gets 7.2% rate increase in North Carolina – The Charlotte Business Journal
For more information, see our Raleigh Rate Hearing Flyer