Advertisement:

WPTF Features

NC AG Roy Cooper Argues Duke Wants Too Much In Rate Increase

RALEIGH, N.C. (AP) -- North Carolina's Supreme Court hears a case that tries to roll back a 7 percent electricity rate increase for nearly 2 million Duke Energy customers.

 

The court hears arguments Tuesday from the country's largest electricity company, the state's utilities regulator, and Attorney General Roy Cooper's office.

 

Cooper is challenging the increase the North Carolina Utilities Commission approved in January that would increase the typical residential customer's bill $7 a month. It also guarantees the company a 10 percent profit.

 

The Supreme Court can reverse or change the commission's decision.

 

Duke Energy and the utilities commission's Public Staff say the impact of higher rates was considered, and the company's earlier

15 percent increase request was reduced.

 

Cooper wants the court to tell regulators to put more weight on consumer impact.


InfoCenter


RDU Radar


Triangle Traffic

Reports | Cams

Air Quality

Pollen Forecast

Station Events

Advertisement:

On Air Now

Brandon Dickson

Brandon Dickson

2:00pm - 4:00pm
NC Afternoon News

Next Up:

Scott Briggaman

On Air Now

Clark Howard

Clark Howard

1:00pm - 3:00pm
Call: 1-877-872-5275

Next Up:

Bill LuMaye

Advertisements

Listener Club Login

Club Login
Sign up if you are not already a member