duke energy

CHARLOTTE (AP) — Higher rates are going into effect for Duke Energy customers.

News outlets report that rates are increasing an average of 4.7% across all of the Charlotte-based utility's customer groups on Tuesday. A typical residential customer's average monthly power bill will rise to just under $120. That's an increase of about $6.

The increase varies depending on the rate they pay from an average increase of 3.6% for industrial customers to 4.7% for commercial customers 5.3% for residential customers. The N.C. Utilities Commission approved the rates new rates earlier this year.

Duke Energy initially requested a significantly larger rate increase to help pay for cleaning up coal ash at its plants, but agreed to a settlement earlier this year that will save customers more than $1.1 billion in costs.

Duke Energy serves 1.4 million households and businesses in central and eastern North Carolina, and in the Asheville region.

(1) comment

mpjeep

Gotts pay for those solar facilities in some way.

Welcome to the discussion.

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