The N.C. Supreme Court has upheld a 5.5 percent rate increase state regulators awarded Duke Energy Progress in 2013. The court rejected state Attorney General Roy Cooper’s appeal of an order by the N.C. Utilities Commission approving the rate hike. Cooper had contended the order was “not supported by competent, material, and substantial evidence.” Cooper, who has also appealed a 5.1 percent Duke Energy Carolinas increase the commission approved in 2013, says he is disappointed by the court's…

BING NEWS:
  • Upstate residents continue to argue against Duke Energy rate hikes
    The hearings allow Duke Energy customers in South Carolina a chance to take the floor and share their thoughts for three minutes, followed by a chance for Duke Energy’s legal representatives ...
    04/23/2024 - 11:41 pm | View Link
  • Stronger electric grid among drivers of Duke Energy's rate request
    A modernized electric grid more resistant to power outages, hundreds of miles of new power lines, environmental responsibilities, increased electric grid security and new systems for customer convenie ...
    04/17/2024 - 2:30 am | View Link
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