Duke Energy reduces rates by 4.5% for Raleigh and eastern NC, cutting average bills by $7.34.

Duke Energy customers in Raleigh and eastern North Carolina will see a 4.5% drop in electricity rates starting December 1, due to lower fuel prices. This change will reduce the average bill by $7.34 to $154.63, which is 11% below the national average. Rate cuts will also affect Durham and Chapel Hill customers starting January 1, with commercial rates dropping by 6.3% and industrial rates by less than 0.1%.

December 02, 2024
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