Duke Energy asking for rate hikes across NC
CHARLOTTE, NC (WSOC) — Duke Energy Corp. is seeking to increase revenue across its North Carolina footprint through proposed rate hikes.
Charlotte-based Duke has filed a request with the North Carolina Utilities Commission for revised rates at Duke Energy Carolinas and Duke Energy Progress.
The proposed rate increases come as Duke must pay for investments in new infrastructure to meet unprecedented energy demand.
The company’s request calls for revenue increases of about 15% for both Duke Energy Carolinas and Duke Energy Progress.
The rate increases, if approved by the commission, would take place at the start of 2027 as well as 2028.
