Jackson opposes Duke Energy Progress settlement with 6.8% residential rate increase
Attorney General Jeff Jackson is opposing a Duke Energy Progress settlement that would raise residential electricity rates approximately 6.8% over two years.
Attorney General Jeff Jackson is opposing a Duke Energy Progress settlement that would raise residential electricity rates approximately 6.8% over two years.
Attorney General Jeff Jackson is challenging Duke Energy Progress’ proposed 15% rate increase, arguing it would collect nearly $960 million more than necessary over two years.
An energy bill under consideration by state lawmakers prescribes retirement for certain coal-fired plants, increases sourcing from renewables, and significantly alters the oversight authority of the N.C. Utilities Commission.