Attorney General Jeff Jackson filed testimony arguing that Duke Energy Progress’s 15% proposed rate increase is too high and would force ratepayers to pay nearly $960 million in unnecessary rate hikes over the next two years. This comes after Attorney General Jackson and others objected to the proposed rates in the Duke Energy Carolinas case, which led to the utilities company lowering its proposed rate increase for residential customers by more than 6 percentage points.

“When we pushed back again Duke’s last rate hike, they lowered their request. Now Duke wants families in eastern North Carolina to pay 15% more, and we’re pushing back again. Our experts found that Duke can make the investments it needs while charging families far less. That’s the result we’re fighting for.” – AG Jackson