Duke Energy Rate Hike Slashed to 11.6%

Duke Energy’s proposed rate hike for North Carolina has been scaled back from 18% to 11.6%—still steep, but a concession under scrutiny by the state’s Utilities Commission, with a decision expected this fall. Attorney General Jeff Jackson calls the cut a step in the right direction, but warns it’s still too high for many families. If approved, new rates could hit bills as early as January, making this a crucial update for household budgets across the state. Support the show:Get a discount at https://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/18404296e6582199