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Duke Energy Rate Deal in North Carolina | Fayetteville News
Duke Energy’s North Carolina rate hike battle ends in compromise: after pushing for an 18% jump, they’ve settled on a 9.3% increase over two years — still steep but a win for affordability advocates. The deal, brokered with regulators and consumer reps, includes $10 million from shareholders to aid low-income households and weatherize homes. Critics say even this is too much for struggling families, while supporters hail it as a balanced solution that funds grid upgrades without crippling customers. Final approval from the Utilities Commission is expected in September, with hikes scheduled…
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