DUK · News · 20260812N

Rate Case Outcomes

Duke Energy CORP · 2026-08-12 · Importance 39 · Surprise 50 · In source text

North Carolina Attorney General Jeff Jackson declined to sign a proposed Duke Energy Progress settlement that would raise residential electricity rates by 6.8% over two years. Jackson said the increase remained excessive and urged that Duke’s Ratepayer Protection Pledge be made legally binding so large energy users bear their own infrastructure costs. The North Carolina Utilities Commission will make the final decision, with approved rates potentially taking effect in January 2027.

Key facts

• North Carolina Attorney General Jeff Jackson has refused to sign a proposed settlement that would increase residential electricity rates for Duke Energy Progress customers by 6.8% over the next two years. source
• The proposed settlement, if approved, would take effect in January 2027. source

Impact estimates