Duke Energy Carolinas seeks 13.6% rate hike, plans to cancel Lee nuclear project

Duke Energy Carolinas seeks 13.6% rate hike, plans to cancel Lee nuclear project

Duke Energy Carolinas has asked the N.C. Regulatory Commission to allow it to raise rates for N.C. electricity customers by an average of 13.6%, effective April 1. The increase would allow the utility to recover nearly $680 million that Charlotte-based Duke Energy has spent since 2015 to clean up the utility’s coal ash ponds in the Carolinas. Separately, Duke says it wants to abandon plans to build the Lee Nuclear Station in Gaffney, S.C.

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