After AG Jackson and Others Object, Duke Energy Carolinas Lowers Proposed Rates

FOR IMMEDIATE RELEASE
Monday, June 22, 2026
Contact: [email protected]
919-538-2809

RALEIGH - After Attorney General Jeff Jackson filed objections to the proposed rates, along with other intervenors, the public staff, and North Carolinians, Duke Energy Carolinas (DEC) announced today that it is lowering its proposed increase on residential customers from 18 percent to 11.6 percent.

Attorney General Jackson released the following statement:

"Our case was that Duke could afford a lower rate while still meeting its needs. Duke just agreed.

"They've taken a step in the right direction by bringing the new rate down, but it is still too high.

"Our case is about lowering this rate hike and making sure rates for data centers and other large users are handled in a way that is fair to families. We are making that case right now on behalf of families across the state. I'm grateful for the people who showed up and spoke up about what higher power bills would mean for them. You made a real difference."

The North Carolina Utilities Commission will decide whether to approve, reduce, or reject Duke's proposed increase. A decision is expected this fall, and if approved as filed, new rates would begin taking effect on January 1, 2027. NCDOJ will continue participating in the case on behalf of North Carolina's electricity customers.

The Attorney General's testimony for the DEC Rate Case can be read here, here, and here. The Utilities Commission will start a hearing on the DEC Rate Case on July 7.

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