Hearings postponed on Duke Energy's 15 percent rate hike

By The Associated Press

Utility regulators are postponing until Thanksgiving a hearing to decide whether to allow a 15 percent increase in the electricity bills of 1.3 million North Carolina customers.

 

RALEIGH, N.C. (AP) — Utility regulators are postponing until Thanksgiving a hearing to decide whether to allow a 15 percent increase in the electricity bills of 1.3 million North Carolina customers.

The North Carolina Utilities Commission is acting at the request of consumer advocates to delay hearing from expert witnesses until November 20 in Raleigh. The commission's decision last week postpones plans to grill energy experts a month earlier.

The commission plans to hold public meetings in September and October in Rockingham, Raleigh, Asheville, Snow Hill and Wilmington on Duke Energy Progress' request to charge an extra $477 million a year. That would mean $18 more per month for the typical household bill of $105.

The subsidiary of the country's largest electric company operates in much of eastern North Carolina and around Asheville.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs