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

Duke Energy Corp. says its move to combine electric utility subsidiaries in North and South Carolina into one entity could ...

In her testimony with the state Utilities Commission, Rachel Elliott, director of rates and regulatory planning for Duke Energy Carolinas, said the company expected about 3% of the projected savings ...

Four public hearings will be in the Upstate.

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 ...

It was one of four in-person public hearings held by the North Carolina Utilities Commission. Duke Energy has asked state regulators to let it raise rates by more than 16% in the coming months.

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

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.

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 ...