North Carolina AG Opposes Duke Energy Rate Hike

North Carolina Attorney General Roy Cooper says he's opposing Duke Energy's proposal to raise the rates consumers pay for electricity.
Cooper said Thursday the Charlotte-based utility's bid to raise rates by an average of about 17 percent during hard economic times would make it harder for families to make ends meet.
The state Justice Department's consumer protection division is taking part in the rate case and plans to participate in a hearing on the issue scheduled for late this month.
Duke Energy's increase would be the largest for residential customers in at least 20 years. If the North Carolina Utilities Commission allows the increase, monthly bills would rise from $95 to about $113, starting in February.
Charlotte-based Duke also wants to raise South Carolina residential power rates by 17 percent.

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  • by La Location: Next? on Nov 4, 2011 at 02:42 AM
    Hey, When you get done there can you help in La Grange. We pay 35% more than Progress Energy Now!!! This has to be the Most Crooked Town I have ever Lived in. I guess that's why you see UHAUL's Leaving and None coming in.
    • reply
      by Wharf Rat on Nov 4, 2011 at 07:19 AM in reply to La
      Lol! The UHAUL`S are hauling off your money.
  • by voter Location: nc on Nov 3, 2011 at 09:49 PM
    a short time ago, through executive order, obama introduced his own form of cap and trade. effectively phasing out the use of coal to power industry. costs will rise dramatically for the next ten years. don't whine taxman, this is the work of your president. do some research, find out for yourself.
  • by taxman Location: wilson on Nov 3, 2011 at 06:54 PM
    Well now, these fine,upstanding law abiding corporations have already bought and paid for their politicians. I expect they want some return on their "investment". Go get 'em AG !
  • by Anonymous on Nov 3, 2011 at 06:37 PM
    Duke Energy amd Progress Energy become one soon. Don't like the thoight of it. Progress Energy already behaves like a corporate jerk.

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