This Energy Company Made an Environmental Mess – Now They Want Their Customers to Clean it Up
Duke Energy, a mammoth electrical company that serves much of the nation, is seeking to hike electricity rates for customers to help clean up their environmental messes. Duke Energy Progress, a subsidiary of Duke located in North Carolina, is hoping to increase the rate customers would pay by a substantial 15 percent. The hike would affect 1.3 million customers located in certain areas of North Carolina. That 15% increase in rate would translate into $477 million in revenue extra per year, a hefty sum of cash that Duke is hoping to put toward several avenues, one of which is...
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