Duke Energy Rate Hike Approved For Average $7 Monthly Bill Increase

RALEIGH, N.C. (AP) -- Duke Energy has won approval from a state agency for a rate increase for its North Carolina customers.

The North Carolina Utilities Commission announced the 7.2 percent rate increase approval on Friday. The Charlotte-based utility said a typical bill for a residential customer will increase by about $7 per month based on 1,000 kilowatt-hours.

Duke Energy says it needs the additional revenue for construction projects and to meet environmental laws.

The new electric rates will go into effect in early February.

North Carolina Attorney General Roy Cooper said in a statement issued Friday night that his office intends to review the commission's decision and look at available options.

Duke Energy and Progress Energy have been working on a merger and the companies have filed a request for a rehearing on the merger with the Federal Energy Regulatory Commission.

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  • by ace Location: jville on Jan 30, 2012 at 06:01 AM
    Another $7 from cost of living Social Security check along with gas tax, medicare increase and what will be next, a tax to help childern learn when their parents are idiots?
  • by Food For Thought on Jan 28, 2012 at 10:06 AM
    Who pays for all the poles, transformers & cable/wire that has to be replaced everytime a hurricane hits the area? Irene did major damage! And who pays all those workers from surrounding states for all the hours of labor they work fixing all that damage? Do you pay an extra $1000 that month on your bill? You should! But rather than force YOU to pay it all at once, they raise the price of electricity $7 per month. Seems fair to me.
    • reply
      by Wow on Jan 28, 2012 at 04:11 PM in reply to Food For Thought
      Troll alert!, he is a Duke Energy employee that make six figures!!!!
      • reply
        by Food For Thought on Jan 28, 2012 at 08:09 PM in reply to Wow
        Troll Alert! responder is an NAACP employee or living in section 8 housing.
    • reply
      by Anonymous on Jan 29, 2012 at 06:49 AM in reply to Food For Thought
      Seems fair to me.
  • by ralphie Location: ahoskie on Jan 28, 2012 at 07:43 AM
    Remember folks- all those new regulations that force the need for more money, higher rates, new building- is FROM DEMOCRATS. Do you want freedom, or democrats? You cannot have both.
    • reply
      by Lavon on Jan 28, 2012 at 10:47 AM in reply to ralphie
      I've never had any freedoms taken away from me so saying that I think you need to do some explaining. Or is this just something else you made up because your an Obama hater
      • reply
        by Education Depravation? on Jan 28, 2012 at 08:10 PM in reply to Lavon
        You obviously had your right to an education taken away.
        • reply
          by Anonymous on Jan 29, 2012 at 01:32 AM in reply to Education Depravation?
          I agree with Lavon
    • reply
      by Anonymous on Jan 29, 2012 at 06:53 AM in reply to ralphie
      Democrat or republican, no matter who is in office we will continue to see a lack of change because they are just puppets for the BIG government aka the banks. This has been true for years and will continue to be so. If people realized the Fed Reserve is no more federal than FedEx they would realize why our money inflates each time we go to war. It's because they just print some more. Wake up heard!
  • by Concerned Location: Greenville on Jan 28, 2012 at 06:49 AM
    I would like to see some accountability for where our dollars are already going and know exactly what the increases are supposed to cover. Everyone is asking for more, more but, the working public is fast becoming paupers.
    • reply
      by Anonymous on Jan 29, 2012 at 06:54 AM in reply to Concerned
      Hurricane Irene and the future natural disasters, $7 should keep you happy over a $7000 increase.
  • by Tom Location: USA on Jan 28, 2012 at 06:40 AM
    Wasn't there a WITN article last year about Duke Energy's impending $10 million loan guaranty for the upcoming Dem Nat'l Convention in Charlotte? Did that happen? How many NC Democratic leaders provide oversight for DE's rate hikes and merger plans? Conflict of interest?
    • reply
      by ralphie on Jan 28, 2012 at 08:19 AM in reply to Tom
      democrats ARE a conflict of interest.
      • reply
        by Anonymous on Jan 29, 2012 at 06:59 AM in reply to ralphie
        Ralphie you make me want to vomit. Pick your head off the floor and realize democrats and republicans are the same thing! They just say they will do different things but by the time they get elected they still keep the same useless policies and outdated laws from term to term. Obama is the biggest example of a neoconservative. Find out what a neocon is before you keep bashing the dems. Obama is a conservative! Wakeeee upppp
  • by Wharf Rat Location: OIB on Jan 28, 2012 at 04:32 AM
    Just like everything else, extra expenses are passed down to the bottom of the heap, the working people. Must be nice to have a business that can`t lose.
  • by warning on Jan 27, 2012 at 08:04 PM
    Bev Perdue approved this, she can still do lots of damage before she leaves..
  • by Ben Dover on Jan 27, 2012 at 07:59 PM
    How about a 7.2 percent salary increase. That isn't going to happen!
  • by Stryker Location: New Bern on Jan 27, 2012 at 06:47 PM
    and they wonder why people are against the merger!!!!
  • by me Location: Bayboro on Jan 27, 2012 at 06:02 PM
    So many people and the government has both hands out wanting the working people's money and we are getting nothing for our money. Pure greed. If they need construction money it should come out of their own pocket.
    • reply
      by Anonymous on Jan 29, 2012 at 07:00 AM in reply to me
      They do indeed print money. Hello inflation.

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