Duke Energy Rate Deal in North Carolina | Fayetteville News

Duke Energy’s North Carolina rate hike battle ends in compromise: after pushing for an 18% jump, they’ve settled on a 9.3% increase over two years — still steep but a win for affordability advocates. The deal, brokered with regulators and consumer reps, includes $10 million from shareholders to aid low-income households and weatherize homes. Critics say even this is too much for struggling families, while supporters hail it as a balanced solution that funds grid upgrades without crippling customers. Final approval from the Utilities Commission is expected in September, with hikes scheduled for January 2027 and 2028. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6a0b2f3805b3b71c