Duke Energy Overcharging 2025. Rates for north carolina customers will remain below the national average, even after duke energy progress completes approximately $6.3 billion in upgrades to make the electric grid more resistant to outages and enable. Dep was granted an increase of 6.8% on october 1, 2023, an additional 3.4% increase that will become effective on october 1, 2024, and a further 3.7% increase that will.
Since our last base rate increase in 2020, we have invested $1.6 billion in our electric grid, power plants and overall system on behalf of our customers, including technology that has helped. Duke energy’s capital investment and energy transition plans call for $145 billion in spending over the next decade, with costs up by $10 billion over the company’s previous ten.