Duke Energy seeks rate increases to recover winter storm costs

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Duke Energy outlines steps to reliably serve record customer demand resulting from extreme winter weather

April 15, 2026 3:28 PM EDT

Extreme cold in late January and early February required Duke Energy to purchase power from other utilities to be reflected in customer rates beginning June 1 reinforcing need for new generation in the Carolinas

CHARLOTTE, N.C., April 15, 2026 /PRNewswire/ -- Duke Energy has filed requests with the North Carolina Utilities Commission (NCUC) related to fuel and purchased power costs incurred during one of the most extreme winter periods in the past decade costs driven by record customer energy demand resulting from the... More