Although the Kentucky Public Service Commission denied the utility’s original request for a 25 percent rate increase, the body approved a rate hike of 12.5 percent for residential customers.
If approved, the rate increase could disproportionately impact low-income households in North Carolina.
The Covid and economic crisis has laid bare the monthly struggle too many Americans have faced for a long time — whether to pay their electric bill or buy other essentials like food, medicine or school supplies and risk having their power shut off.
Duke Energy is seeking a damaging rate hike of nearly 17% that would hit low-income folks the hardest and lower incentives for solar and energy efficiency — all while forcing ratepayers to cover the cost of Duke’s coal ash mistakes. Show up and speak out!
In addition to the thousands of customers, NC’s customer advocate has come out strongly against Duke Energy Progress’s 14 percent rate hike. There’s even more to the story when you dig in …
Duke Energy subsidiary Duke Energy Carolinas requested to raise the rates of its residential customers by 16.7 percent. The request would shift onto customers the cost of cleaning up millions of tons of toxic coal ash.