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Duke Energy’s Rate Hike Under Scrutiny | Durham News
Duke Energy’s latest push to raise North Carolina’s electricity rates—nearly $10 for the average household starting next January—is sparking fierce debate. While the utility claims the hike funds grid reliability and upgrades, critics argue it’s unjust given Duke’s nearly $5 billion in profits last year. Attorney General Jeff Jackson opposes the plan, saying Duke overestimates its needs, and lawmakers and activists urge the company to shoulder more costs. To soften the blow, Duke offers $10 million in aid for low-income families and weatherization, plus dedicated support teams for struggling…
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