Attorney General Jeff Jackson Fights to Save NCFamilies Nearly $1.4 Billion on Duke Energy Carolinas Bills
By Marge Farrington | Published 2026-06-06T22:29:32.672Z
News
Raleigh -- Attorney General Jeff Jackson is fighting Duke Energy Carolinas’ (Duke or DEC) proposed rate increase. If approved, the increase would cost ratepayers nearly $1.4 billion in unnecessary rate hikes over the next two years.
Raleigh -- Attorney General Jeff Jackson is fighting Duke Energy Carolinas’ (Duke or DEC) proposed rate increase. If approved, the increase would cost ratepayers nearly $1.4 billion in unnecessary rate hikes over the next two years.In expert testimony filed Friday with the North Carolina Utilities Commission, Attorney General Jackson argues that customers should not have to pay for a return on equity as high as the 10.95 percent Duke is asking for, and that setting it at an acceptable level woul