DUKE ENERGY CP HL CO,DUK
COMPANY NEWS
Duke Energy Corp. says the Public Utilities Commission of Ohio has approved a settlement that will restructure electric rates for Duke’s customers in that state. Under the agreement, the base cost for power distribution will rise by 3 percent of residential customers’ total annual bill. As part of the settlement, Duke reduced the revenue increase it had sought by 35 percent, to $55.3 million from $85.6 million.
COMPANY INFORMATION
Duke Energy Corporation operates as an energy company in the
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