Duke Energy has reported $985 million in profits in its Q2 2025 financial report, driven by rate increases and development ...

Michael Walden, a retired economics professor at N.C. State University, said the merger "should increase efficiencies, ...

City cites rising costs, infrastructure needs, and state mandates for the first rate hike since 2020. Beginning October 1, ...

Rates were already set to increase for Duke Energy customers on August 1, 2026 by 4.3%, or $6.42 per month. In August 2024, a rate increase was improved for residential customers, who saw an ...

Four public hearings will be in the Upstate.

CHARLOTTE — Duke Energy is asking to raise energy rates by nearly 7.7% in South Carolina. This would impact about 700,000 customers in the Upstate region and Interstate 77 corridor. The utility ...

Posted: July 2, 2025 | Last updated: July 2, 2025 Customers with Duke Energy in South Carolina could potentially see an increase in their electricity bills.

The increase impacted commercial customers by 4.6% and industrial customers by 4.4% Additionally, Duke Energy also sought to reduce their annual adjustment for fuel costs in South Carolina in 2024.

Duke Energy Corporation’s Duke Energy Progress has requested a public review of the company’s rates as it intends to lift prices. The company, serving 177,000 customers primarily in central ...

Duke Energy Progress, a subsidiary of Duke Energy, owns 13,800 megawatts of energy capacity, supplying electricity to 1.8 million residential, commercial and industrial customers across a 28,000 ...

Duke Energy Carolinas is seeking an annual revenue increase of $150.5 million, or 7.7%, in South Carolina.

RALEIGH — Opponents want North Carolina lawmakers to reject Duke Energy Corp.'s push to line up profitable infrastructure projects years into the future and bypass lengthy regulatory battles. Energy ...