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Duke Energy’s Rate Hike Under Fire | Durham News
Duke Energy’s bid to raise North Carolina’s electricity bills by 11.6%—down from an initial 18%—is sparking heated debate in a high-stakes rate case hearing, with Walmart, Google, Amazon, and the Justice Center all weighing in. The utility argues the hike is essential to fund grid reliability amid storms, inflation, and booming data center growth, while critics question whether its requested profit margin is still too high compared to other states. The North Carolina Utilities Commission, politically balanced and historically moderate, holds the final say—and this is just the first act, with…
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