Duke Energy Carolinas

Duke Energy wants an 18% rate hike for NC customers amid concerns

Duke Energy has proposed an 18% electricity rate hike over two years in North Carolina, citing population and business growth, including data centers, as drivers for grid improvements. The proposal faces strong opposition from thousands of residents and consumer advocates concerned about affordability. In response, the North Carolina House passed a bill aimed at preventing residential customers from subsidizing electricity costs for large data centers.