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Thursday, February 7, 2013
News Duke Energy proposes 14 percent rate increase
Posted By Ana McKenzie on Thu, Feb 7, 2013 at 9:57 AM
Duke Energy announced a proposal that would increase residential rates by 14 percent per bill.
The Charlotte Observerwrites:
Duke said it needs the $446 million in new revenue to pay for $3.8 billion in capital spending since its 2011 rate case, including two new power plants and upgrades to its nuclear power plants and transmission network.
Read the Observer's story here.
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