NC AG Jackson rejects Duke Energy’s proposed rate increase

By: Christine Zhu

Outlets: North Carolina Newsline

Published: July 21, 2026

Words: 892

Last Updated: 4 weeks, 2 days ago

Body Text Preview

North Carolina Attorney General Jeff Jackson won’t sign off on a Duke Energy settlement raising residential costs by 9.5%, he said in an announcement Tuesday.

Following months of backlash, Duke Energy filed an amended settlement agreement earlier this week to decrease its rate increase request from about 18% to about 9.5% over two years for residential users.

But Jackson says it’s still too high. He said residential users are being asked to cover …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

About

FAQ

Email Us