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A new climate change preparedness study has found that the greatest risks to Duke Energy's electrical transmission and distribution system by 2050 will be extreme heat and flooding, mainly at substations.
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Duke Energy executives and expert witnesses faced pointed questions Monday on the opening day of a multi-day regulatory hearing in Raleigh on Duke Energy's request to raise rates in central and western North Carolina.
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Lawmakers in Raleigh are considering a bill that could make it easier to permit new nuclear plants and extend deadlines for Duke Energy to clean up coal ash dumps at its North Carolina plants.
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Electric bills in central and western North Carolina are going up more than 12% Sept. 1, after regulators approved Duke Energy's request to raise rates because of higher fuel costs.
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Duke Energy executives faced questions from state regulators Thursday on their plan to sharply hike electricity rates in eastern North Carolina and the Asheville area.
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State utility regulators will begin hearing expert testimony this week to help them decide how much Duke Energy should be allowed to raise electricity rates in eastern North Carolina and the Asheville area.
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North Carolina regulators have approved a pilot program that would allow Duke Energy to supplement the power grid with electricity from customers' electric vehicle batteries when demand is high. The test will initially involve 100 customers who lease Ford F-150 Lightning pickup trucks.
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Advocates worry Duke Energy's newly approved plan to cut solar rates will slow green energy adoptionRules will change this summer for Duke Energy customers who install rooftop solar panels in North Carolina. Some industry experts worry new lower payments and a more complicated system could slow solar's growth.
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Duke Energy has asked state regulators for a nearly 17% rate increase in western and central North Carolina to cover rising costs for natural gas and coal over the past year. That's the largest increase for fuel costs in the company's history and means Duke has pending rate hikes before regulators that total 27%.
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Just two months after North Carolina regulators signed off on Duke Energy's long-range plan for reducing carbon emissions, the company on Wednesday kicked off planning for a new version.