North Carolina regulator OKs Duke Energy request to cut customer rates by 4.5%
Duke Energy (NYSE:DUK) -1.4% in Monday's trading after the North Carolina Utilities Commission approved a request to lower residential customers' costs by 4.5%, thanks to declining fuel prices. Duke (DUK) said a typical residential customer in North Carolina using 1,
Duke Energy Progress lowers NC customer bills in new rate cut
State regulators recently approved Duke Energy Progress' request to lower rates for residential customers by 4.5%.
State approves request to lower rates by 4.5% for Duke Energy Progress customers
In their press release, Duke Energy projects that customers who use 1,000 kilowatt-hours per month will see an overall decrease of $7.34, decreasing the monthly bill from $161.97 to $154.63. The decrease could save a customer about $235 per year.
Duke Energy North Carolina Residential Customers To Witness 4.5% Decline In Costs
Duke Energy Progress, a subsidiary of Duke Energy Corp. (DUK), Monday announced that its residential customers in North Carolina will
Duke Energy N.C. Residential Customers to See 4.5% Cost Decrease
Commercial customers will see an average decrease of about 6.3%, while industrial customers will see an average decrease of less than 0.1%. Duke Energy Progress serves about 1.5 million customers in central and eastern North Carolina.
NC Utilities Commission approves Duke Energy Progress request to lower customer rates by 4.5%
Starting Dec. 1, rates for Duke Energy Progress residential customers in North Carolina fell by 4.5% as part of an annual adjustment for the cost of fuel used to generate electricity at the utility's power plants.
Duke Energy to lower electric rates in the Carolinas
Duke Energy bills will soon go down for North Carolina customers. Here's when the rate drop takes effect and how much you could save.
Good news: Lower bills for Duke Energy customers due to falling fuel prices
Rates fell by 4.5% as part of an annual adjustment for the cost of fuel used to generate electricity at the utility’s power plants, according to Duke Energy. "If the fuel market
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