State approves request to lower rates by 4.5% for Duke Energy Progress customers [Yahoo! Finance]
Duke Energy Corporation (Holding Company) (DUK)
Last duke energy corporation (holding company) earnings: 2/13 07:00 am
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Source: Yahoo! Finance
The North Carolina Utilities Commission approved the request for Duke Energy Progress to lower residential utility rates by 4.5%, which started December 1, Duke Energy said in a press release. According to Duke Energy, the North Carolina Utilities Commission reviews the fuel costs used to generate electricity for customers every year. “The fuel cost, which is the cost we incur to buy the fuel to generate the power that you use, is what we call a pass-through cost. We don't make a profit on that, we just bill you what it costs to fuel you, and we've seen a decrease in some of those fuel costs,” Jeff Brooks with Duke Energy said. In their press release, Duke Energy projects that customers who use 1,000 kilowatt-hours per month will see an overall decrease of $7.34, decreasing the monthly bill from $161.97 to $154.63. The decrease could save a customer about $235 per year. PREVIOUSLY: Duke Energy announces rate increase in September, drop in January While it's good news, you s
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News
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- Duke Energy celebrates Giving Tuesday with more than $300,000 in 'surcee' contributions to help fight hunger in South CarolinaPR Newswire
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- Duke Energy Florida's '12 Days of Savings' offers schedule of suggested energy efficiency tips [Yahoo! Finance]Yahoo! Finance
DUK
Earnings
- 11/8/24 - Miss
DUK
Sec Filings
- 12/2/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- DUK's page on the SEC website