Do a Google search for “duke energy rate hikes over last ten years” and see what the initial AI results show.

Interesting.
“Cumulative Impact: Recent, consecutive increases mean rates have significantly outpaced inflation, leading to public concern over affordability.”
Rates have “SIGNIFICANTLY OUTPACED INFLATION.”
Now do a search for “north carolina general assembly duke rate hikes” and see what the initial AI results show.

- Proposed Increases: Duke Energy is requesting a roughly 15% rate hike, which would equate to an 18.5% increase for Duke Energy Progress customers and 15.8% for Duke Energy Carolinas customers over two years.
- Timeline: The requested increases are planned to take effect in 2027, with additional hikes potentially in 2028.
Duke energy can’t raise rates significantly like this without approval from the NC General Assembly – the same governing body that…
…has kept NC as the only state without a new budget for this year and…
…has expanded the most nontransparent voucher system to all income levels and…
…has allowed Duke Energy to monopolize the energy market here in North Carolina.
