AG Jackson Announces He Won’t Sign Second Duke Energy Settlement That Will Cost Families 6.8% in Rate Hikes

Published Date: Aug 12, 2026

Attorney General Jeff Jackson will not sign the proposed settlement in the Duke Energy Progress rate case, which would raise residential electric bills about 6.8% over the next two years. Duke Energy Progress serves the eastern half of North Carolina and the Asheville area.

“Duke brought down their rate increase to 6.8%, but that’s still too high for families and still more than the company needs to cover its investments. We’re not signing it.” – AG Jackson

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