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Duke Energy Rate Battle Escalates
Description
Duke Energy’s proposed 18% residential rate hike is now scaled back to 11.6% after Attorney General Jeff Jackson and others objected — but he’s not done yet. Jackson insists families shouldn’t foot the bill for infrastructure upgrades that primarily benefit big businesses like data centers. The North Carolina Utilities Commission will decide the fate of the rate increase starting July 7, with potential new rates hitting bills as early as January 2027. This fight is about fairness — and the outcome could reshape how North Carolinians pay for electricity.
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