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Duke Energy Progress receives approval for new rates in North Carolina; implements low-income initiatives duke-energy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from duke-energy.com Daily Mail and Mail on Sunday newspapers.
Working groups to develop low-income, rate design, grid resiliency initiatives. Duke Energy shareholders to contribute $16 million to support low-income customers. CHARLOTTE, N.C. – Duke Energy Carolinas will implement new rates for North Carolina customers on June 1, as approved by the North Carolina Utilities Commission (NCUC). The new rates include state and federal tax savings for customers and will remain below the national average, even after adjustments are made to reflect past investments in cleaner, more reliable energy. As part of its order, the NCUC approved settlement agreements reached with more than 10 diverse customer and environmental groups around ash basin closure costs, future grid investments and other major components of the 2019 rate request. ....
Coal Ash Wednesday: Duke Energy rate increase begins June 1st bluenc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bluenc.com Daily Mail and Mail on Sunday newspapers.
by Nyamekye Daniel, The Center Square | April 19, 2021 06:00 PM Print this article The North Carolina Utilities Commission has approved a partial rate increase for Duke Energy Progress, which covers electricity service in the Asheville area and eastern North Carolina. Duke Energy Progress requested a 12.3% rate increase – equalling about $463 million – in October 2019, the commission said. The company implemented a temporary rate increase in September, which the commission said covered a portion of its request. The Charlotte Business Journal reported in August that Duke Energy Progress planned to use its excess tax collections to refund customers to offset the increase, which resulted in no additional charges for consumers. ....
Close Search Duke Energy responds to North Carolina Utilities Commission’s decision on Duke Energy Progress’ 2019 rate request April 16, 2021 Share This Story CHARLOTTE, N.C. – Duke Energy issued the following statement in response to today’s order by the North Carolina Utilities Commission (NCUC) on the rate adjustment request made by Duke Energy Progress on Oct. 30, 2019. Duke Energy worked with the NCUC, the North Carolina Public Staff, and other groups last spring to postpone the rate case proceedings due to the pandemic. The company has taken numerous additional steps over the past year to support customers through suspension of disconnections, flexible payment arrangements and more than $20 million in charitable giving across the state. ....