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

Sunday 12/21

4-8 PM - Hall of Fame Christmas Special - 850 AM

Sunday 12/21

9 PM-1 AM - Hall of Fame Christmas Special - 680 AM

 



Advertisement:

On Air Now

Red Eye Radio

Red Eye Radio

1:00am - 6:00am
Call: 1-800-288-9227

Next Up:

Dave Richmond

On Air Now

Jon Grayson

Jon Grayson

1:00am - 6:00am
Overnight America

Advertisements

Listener Club Login

Club Login
Sign up if you are not already a member