Duke Energy Planning To Increase Rates Over 3 Years

Government Affairs, Industry News,

Your Duke Energy bill will likely be going up -- but by how much? State utility regulators will meet Thursday to discuss by how much the utility company should be allowed to raise electricity rates. "Duke Energy has been making investments to strengthen the electric grid to make it more resistant to outages from severe weather and other threats," said spokesperson Jeff Brooks. "We’ve also been preparing the grid to transform it to be ready for cleaner energy options in the future. All of these investments are delivering very real benefits to customers but there’s a cost of that."

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