Hearings begin for Duke Energy's 5 percent hike - WFLA News Channel 8

Hearings begin for Duke Energy's 5 percent hike

Posted: Updated:
WINSTON-SALEM, N.C. -

Utilities regulators are holding hearings across central and western North Carolina to let consumers share their thoughts about plans by Duke Energy Carolinas to raise electricity rates by $235 million a year.
    
The North Carolina Utilities Commission is in Winston-Salem on Wednesday for a public hearing on the utility's request to collect an extra $205 million in the first two years, and $235 million a year after that. That's less than half what the company originally requested regulators to approve.
    
Duke Energy Carolinas struck a deal with North Carolina's official consumer advocate that would let it raise rates by about 5 percent in its service area.
    
More hearings will be followed by a utilities commission hearing on July 8 on whether to accept the settlement.

Powered by WorldNow

200 South Parker Street, Tampa, FL 33606

Telephone: 813.228.8888
Fax: 813.225.2770
Email: news@wfla.com

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.