Latest / Raleigh News Today | 2 Min News | The Daily News Now!

Duke Energy’s Rate Plan Under Scrutiny | Raleigh News
Duke Energy Carolinas is pushing forward with a new rate plan designed to keep energy affordable in western North Carolina, covering key areas like Guilford and Mecklenburg counties. While the proposal includes a modest 3.7% annual increase over two years, it’s meant to fund critical infrastructure upgrades to maintain reliable power. Approval from the North Carolina Utilities Commission is still pending, with rates set to take effect January 1, 2027. Meanwhile, Duke Energy Progress customers could face a steeper 18% jump over the same period. This balancing act between grid investment and…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.