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Duke Energy gets go-ahead to raise rates to cover cost of renewable energy program

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WNCW reports:
CHARLOTTE, N.C. -- Duke Energy's residential customers in North Carolina will pay 20 cents more a month to pay for the utility's foray into solar power.

The N.C. Utilities Commission approved the increase Tuesday to let Duke recoup its 2010 costs under the state's renewable-energy law. The law makes utilities produce increasing amounts of electricity from renewable sources and energy efficiency, starting last year with solar power. ...Read the full article

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