NC Utilities Commission Approves Duke Energy Progress Request to Lower Customer Rates
NC Utilities Commission approves Duke Energy Progress request to lower customer rates by 4.5%Falling fuel prices result in lower customer ratesAnnual bills for typical residential customer are $235 below national averageCHARLOTTE, N.C. – Starting Dec. 1, rates for Duke Energy Progress residential customers in North Carolina fell by 4.5% as part of an annual adjustment for the cost of fuel used to generate electricity at the utility’s power plants. A typical residential customer in North Carolina using
Carolinas Carbon Plan – A Cleaner Energy Future for Our Customers
Led by significant growth in renewables and storage, the plan features a diverse energy mix to balance reliability and affordability All options in the plan meet carbon reduction targets in North Carolina’s clean energy law, including least-cost and reliability mandatesCHARLOTTE, N.C. – After months of stakeholder input, Duke Energy today filed its proposed Carolinas Carbon Plan with the North Carolina Utilities Commission (NCUC) – a clean energy plan that balances affordability and reliability for
Duke Energy Secures Offshore Wind Lease for Carolina Long Bay
Duke Energy Renewables Wind, LLC, a nonregulated subsidiary of Duke Energy (NYSE: DUK), has been named a provisional winner of OCS-A 0546 lease area in the Carolina Long Bay offshore wind auction. The lease was one of two awarded as part of an Atlantic Outer Continental Shelf renewable energy auction held by the Bureau of Ocean Energy Management (BOEM). “Securing this lease creates optionality for future offshore wind if the North Carolina Utilities Commission determines it’s part of the least cost path