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Duke Energy’s Rate Hike Under Scrutiny | Charlotte News

Duke Energy’s Rate Hike Under Scrutiny | Charlotte News

Published 1 month ago
Description

Duke Energy’s asking for an 11.6% jump in your electric bill to fund grid upgrades, down from their initial 18% ask after public and legal pushback. With North Carolina’s growth straining the system, they argue the hike is vital to avoid more blackouts — but a looming end to a $42/month assistance program adds pressure. The state’s utilities commission is now weighing whether this cost is fair and where the money should come from — your next bill could be affected.

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