State regulators approved Duke’s proposal to adjust rates due to lower fuel costs.
Customers in the Duke Energy Carolinas service area — which includes Charlotte, Durham and the Triad — will see the change on their energy bills starting on Jan. 1.
A typical customer will see their bill shrink by about $5 or 3.6%.
Commercial energy bills will decrease by an average of 7.4%, while industrial rates will remain relatively stable.
Last week state regulators began public hearings on Duke Energy-subsidiary Piedmont Natural Gas’ proposed rate hike for gas customers. The company has requested a 15% increase in use rates to recover costs associated with the normal operations and maintenance of Piedmont’s energy infrastructure.
