Duke Energy is asking regulators to raise the rates (avg.) 9.3 percent for residential customers in
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These increases include a general rate hike of 12.1 percent and would be offset by a (proposed) reduced rate for fuel charge in the coming year. Duke Energy says this reflects a lower demand for power during a slowed economy.
Averaged across the customer base of 600,000, the rate increase would give consumers an average bill of $97 a month.
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