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The company blamed for the Outer Banks blackout that sparked the evacuation of about 50,000 vacationers from Hatteras and Ocracoke islands will have to pay a lawsuit settlement of more than $10 million.
Duke Energy initially wanted to charge customers an additional $477.5 million an increase of 14.9-percent for customers.
Duke Energy Progress officials are asking customers to reduce electricity use until 10 a.m. Monday, Jan. 15 to help avoid potential high energy demand on the electric grid caused by frigid temperatures, according to a news release.
Puerto Rico authorities said Friday that nearly half of power customers in the U.S. territory still lack electricity more than three months after Hurricane Maria.
When it comes to decorating your home for the holidays, the type of lights you choose to deck the halls with can make a big difference in your electric bill.
Whitefish Energy Holdings said it's halting work to help restore power in Puerto Rico because it said the US territory's government has not paid crews.
The nation's largest electric company has agreed to seek a lower rate increase on more than a million North Carolina customers and charge a lower potential profit margin.
The utility commission will hold more hearings into November and make a recommendation on the rate hike early 2018.
One of Duke Energy's North Carolina divisions wants to raise electricity rates by an average of 15 percent to pay for system upgrades, conversion to more natural gas and cleaning up coal ash pits.