Duke Energy officials said the rate increase was necessary to allow it to modernize the electric grid to make it more resistant to power outages. New rates are expected to take effect in late ...

Duke Energy said it expects the new rates to take effect in late February ... electric grid more resistant to power outages, increasing reliability at our power plants, constructing hundreds ...

What is the Duke Energy increase and when does it take effect? The utility requested a rate increase of $492 million in 2024. The IURC approved a $395 million increase, with customers having their ...

CHARLOTTE, N.C. — Duke Energy customers in North Carolina will see some shifts in their energy bills over the coming months. According to a release from Duke Energy Carolinas, customers will see ...

Starting Sept. 1, Duke Energy rates will increase 1.5% in North Carolina due to a settlement with the North Carolina Utilities Commission. The biggest influence on the dropping rates is an 8.8% ...

CINCINNATI (WKRC) - A plan by Duke Energy to increase rates by the end of 2028 has been met by opposition from the public. In a "wish list" proposed to the Public Utilities Commission, Duke Energy ...

GREENVILLE — Duke Energy customers ... another rate hike will go into effect Aug. 1, 2026, amounting to slightly more than $6 for home accounts, totaling an increase of about $18 a month.

“This reduction in profit expectations for Duke Energy is a positive development for consumers, as it will help mitigate the overall financial impact of the rate increase,” City of Westfield ...

NEXT. AT 630, DUKE ENERGY, CUSTOMERS NEW RATE HIKES HAVE BEEN APPROVED AND ARE SET TO GO INTO EFFECT SOON. BEGINNING AUGUST FIRST, A PERSON WHO USES 1000 KILOWATT HOURS WILL SEE AN INCREASE OF ...

May 6 (Reuters) - Utility Duke Energy (DUK.N), opens new tab on Tuesday beat Wall Street expectations for first quarter revenue and profit, helped by higher electricity rates, retail sales and a ...

Duke Energy is asking for an average bill increase of 12% next year and a 4% increase in 2026. The rate increase would bring the utility company an annual revenue increase of $492 million ...