Durham hearing tonight on Duke Energy rate increase proposal

Submitted by mbrock49 on Wed, 11/02/2011 - 5:02am

Duke rate hike

The N.C. Utilities Commission's Public Staff, which represents consumers, has recommended that Duke's request for $646 million a year in new revenue be sliced to $211 million.

The Public Staff recommended 29 downward adjustments to Duke's latest request. Together, the adjustments would allow an overall 4.8 percent rate increase, compared with the 15.4 percent increase Duke wants, according to N&O today.

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Durham protestors tell Duke Energy to "Take a Hike!"

Submitted by mbrock49 on Wed, 11/02/2011 - 7:21pm.

Triangle News 14 political reporter Heather Moore is at the Durham Duke Energy rate proposal hearing tonight. Full report at 9pm on the cable news channel for TWC.

Martha Brock