Close Article Close

Duke Energy set to request another rate increase, AP reports

User Score

- 0 +
0 comments
494 views
Last year, Duke Energy asked the North Carolina Utilities Commission to approve a 17 percent rate increase; the company agreed to 7 percent. The Associated Press reports that Duke is set to ask for another increase:

News from the Associated Press

as reported by the Asheville Citizen-Times
Duke Energy has told North Carolina utility regulators that it will ask for another rate increase soon.

Duke Energy late last week filed notice with the North Carolina Utilities Commission that it will file for another rate increase early next month.

The request comes less than a year after regulators approved a 7 percent increase for Duke.

Duke representatives have said for months the company plans to apply for an increase to pay for maintenance and upgrades to its systems. ...
Read the full article

Subscribe to XpressMail. Free Sneak Peek. Every Week.

Asheville News
Want to know what's coming out in Xpress this week before the paper even hits the stands? We've got your free sneak peek, along with deals available in XpressMail, our weekly email newsletter. (It's the best we can do without time travel.)

We respect your email privacy. More information.

Social Comments
  • Comments

  • Related Articles

Guides

Advertisement

Advertisement

Featured Classifieds from MountainX

0.4960