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Electric Bills Jump Due to Winter Storm Costs | Durham News
Fayetteville’s electric bills are about to go up—starting September 1—thanks to soaring wholesale electricity prices driven by last winter’s brutal storms. With over 86,000 customers, Public Works Commission is adjusting rates temporarily to cover higher costs from Duke Energy Progress, without changing base rates. This isn’t the first hike this year—this is the second since May—and it’s all part of their cost-of-service model, designed to cover expenses, not profit. Buckle up, your next bill’s a little pricier. Listen in comfort:Get a discount on a Soli Pillow…
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