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AG Blocks Duke Energy Rate Hike | Wilmington News
Attorney General Jeff Jackson is rejecting a proposed six-point-eight percent electricity rate hike for Duke Energy Progress customers, calling it still too steep for families in eastern North Carolina and Asheville — even though it’s down from the company’s original 18.1% request. He argues the increase exceeds what Duke needs to cover its investments and stresses the real financial strain on households. The deal also included Duke pledging $10 million from shareholders for customer aid and faster implementation of rules targeting big energy users like data centers — a move following his…
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