Duke Energy lowers rate hike request to 11.6% but faces regulator skepticism

Duke Energy trimmed its proposed residential rate increase from 18% to 11.6% following criticism, though utility regulators remain unconvinced the revised request adequately serves customers.

First covered Jul 9, 2026 · 7:59 AM PT · 1 article

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9h Utility Dive Duke reduces rate hike request, still faces regulator pushback — The utility dropped its proposed residential rate increase to 11.6% from 18% after pushback, but hearings this week highlighted continued unease.

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1d Latitude Media Duke Energy’s “light-touch” large load tariff could be a problem.

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witn.com Duke Energy Carolinas lowers proposed rate hike after objections

abc11.com Duke Energy rate hike proposal cut to 11.6% in North Carolina; AG says increase still too high - ABC11 Raleigh-Durham

thecooldown.com Duke Energy cuts North Carolina rate hike request from 18% to 11.6%, but AG says it's still too high

yahoo.com Duke Energy seeks NC approval to raise rates in 7-hour long hearing

wfae.org Duke Energy cuts proposed rate hike after objections from NC officials | WFAE 90.7 - Charlotte's NPR News Source

Appeared in: 2026-07-09 (#4) · 2026-07-10 (#5)

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Duke Energy lowers rate hike request to 11.6% but faces regulator skepticism

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