Duke Energy Progress Rate Hike Overview – 14.3% residential hike

March 12, Thurs, 7 pm. Buncombe Ct Courthouse, Courtroom 1A; 60 Court Plaza

Duke Energy Progress (DEP) is seeking approval from the North Carolina Utilities Commission of a $463.6 million increase in the amount Duke can collect from its ratepayers each year—representing a residential hike of 14.3%, and an overall 12.3% increase. ($585.9M total - $120.2M federal tax benefits) • If approved, residential electric rates will rise by about $17.29 per month for a typical customer

No Rate Hikes for Dirty Energy! Tell NC Utilities Commissioners no rate hikes for dirty energy. Duke Energy should be investing in renewable energy, not natural gas.

No rate hikes for coal ash! Duke Energy defied the advice of science and experts for years while disposing of its toxic coal ash in irresponsible and unsafe ways – all to make shareholders a few more dollars in profit. They should bear the cost of cleaning up their own mess.

Duke Energy is attempting, yet again, to raise our electricity bills to help pay for its coal ash mess. Now is your chance to speak directly to the NC Utilities Commission. Duke Energy’s proposed rate increases exclude any direct investment in renewable energy or energy efficiency!

Can't attend the hearing?  You can still send your message to the NC Utilities Commission by using this form.