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A June 26 hearing will be held in Charlotte on Duke Energy Carolinas’ 9.7 percent rate-hike request.
The hearing will be one of six the N.C. Utilities Commission scheduled, culminating in a July 8 session in Raleigh where the company and expert witnesses will testify. Other hearings will be held May 21 in Franklin, May 22 in Marion, June 19 in Winston-Salem and July 2 in Durham.
Duke Carolinas’ rate request is its third since 2009. Customers will be asked to pay for the $3.8 billion the company has spent since 2011 on new power plants and upgrades to nuclear plants and transmission systems.
While Duke is seeking a 9.7 percent overall increase, most residential customers would pay about 14 percent more. The Utilities Commission has to approve any increase.
In its most recent previous rate case, settled in January 2012, Duke agreed to an increase of less than half the size of its original request.
Duke Carolinas serves 1.9 million customers, mostly in North Carolina’s western half.
The Charlotte hearing will start at 6 p.m. June 26 in Courtroom 5310 of the Mecklenburg County Courthouse, 832 E. 4th St.
