Comment on Panel: Limit Duke to 4.8%

Panel: Limit Duke to 4.8%

(By Bruce Henderson, bhenderson@charlotteobserver.com) Duke Energy's proposal for an overall 15 percent N.C. rate hike should be reduced to less than 5 percent, a key consumer advocacy agency said Tuesday.The N.C. Utilities Commission's Public Staff, which represents consumers, recommended that Duke's request for $646 million a year in new revenue be sliced to $211 million.

 

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