Duke Energy Carolinas customer rates to drop 3.6% on Jan. 1 after North Carolina Utilities Commission issues annual fuel filing order
Duke Energy Carolinas (DUK) announced a 3.6% decrease in electric rates for North Carolina customers starting January 1, 2025. This adjustment follows the North Carolina Utilities Commission's annual fuel cost review. A typical residential customer using 1,000 kWh per month will see their bill drop by $5.17, from $142.17 to $137, which is 23% below the national average. Commercial customers will experience an average 7.4% decrease, while industrial customers will see a slight decrease of less than 1%.
The rate reduction is primarily due to falling fuel prices, resulting in an 8.8% decrease. This is partially offset by increases in energy efficiency programs (0.8%) and base rates (2.9%). Duke Energy Carolinas serves about 2.2 million households and businesses in central and western North Carolina, including Charlotte, Durham, and the Triad.
Duke Energy Carolinas (DUK) ha annunciato una riduzione del 3,6% delle tariffe elettriche per i clienti della Carolina del Nord a partire dal 1° gennaio 2025. Questo aggiustamento segue la revisione annuale dei costi del carburante della Commissione dei servizi pubblici della Carolina del Nord. Un cliente residenziale tipico che consuma 1.000 kWh al mese vedrà la propria bolletta diminuire di $5,17, passando da $142,17 a $137, il che rappresenta il 23% al di sotto della media nazionale. I clienti commerciali subiranno una riduzione media del 7,4%, mentre i clienti industriali vedranno una leggera diminuzione di meno dell'1%.
La riduzione delle tariffe è dovuta principalmente ai calo dei prezzi dei carburanti, che ha portato a una diminuzione dell'8,8%. Questo è parzialmente compensato da aumenti nei programmi di efficienza energetica (0,8%) e nelle tariffe di base (2,9%). Duke Energy Carolinas serve circa 2,2 milioni di famiglie e aziende nella parte centrale e occidentale della Carolina del Nord, comprese Charlotte, Durham e il Triad.
Duke Energy Carolinas (DUK) anunció una reducción del 3.6% en las tarifas eléctricas para los clientes en Carolina del Norte a partir del 1 de enero de 2025. Este ajuste sigue la revisión anual de costos de combustible de la Comisión de Servicios Públicos de Carolina del Norte. Un cliente residencial típico que utiliza 1,000 kWh al mes verá su factura disminuir en $5.17, de $142.17 a $137, lo que representa el 23% por debajo de la media nacional. Los clientes comerciales experimentarán una reducción promedio del 7.4%, mientras que los clientes industriales verán una ligera disminución de menos del 1%.
La reducción de tarifas se debe principalmente a la caída de los precios de los combustibles, resultando en una disminución del 8.8%. Esto es compensado parcialmente por aumentos en los programas de eficiencia energética (0.8%) y en las tarifas base (2.9%). Duke Energy Carolinas atiende a aproximadamente 2.2 millones de hogares y negocios en el centro y oeste de Carolina del Norte, incluyendo Charlotte, Durham y el Triad.
Duke Energy Carolinas (DUK)는 2025년 1월 1일부터 노스 캐롤라이나 고객의 전기 요금을 3.6% 인하한다고 발표했습니다. 이 조정은 노스 캐롤라이나 유틸리티 위원회의 연례 연료 비용 검토에 따른 것입니다. 월 1,000 kWh를 사용하는 일반 가정 고객은 요금이 $5.17 하락하여 $142.17에서 $137로 떨어지며, 이는 국가 평균보다 23% 낮은 수준입니다. 상업 고객은 평균 7.4% 감소를 경험하게 되고, 산업 고객은 1% 미만의 소폭 감소를 보게 됩니다.
요금 인하는 주로 연료 가격 하락에 기인하여 8.8% 감소한 것입니다. 이는 에너지 효율성 프로그램(0.8%)과 기본 요금(2.9%)의 증가로 부분적으로 상쇄됩니다. Duke Energy Carolinas는 샬럿, 더럼, 트라이애드의 중앙 및 서부 노스 캐롤라이나에 있는 약 220만 가정과 기업에 서비스를 제공합니다.
Duke Energy Carolinas (DUK) a annoncé une réduction de 3,6% des tarifs électriques pour les clients de Caroline du Nord à partir du 1er janvier 2025. Cet ajustement fait suite à l'examen annuel des coûts de carburant par la Commission des services publics de Caroline du Nord. Un client résidentiel typique consommant 1 000 kWh par mois verra sa facture diminuer de 5,17 $, passant de 142,17 $ à 137 $, ce qui représente 23% en dessous de la moyenne nationale. Les clients commerciaux bénéficieront d'une réduction moyenne de 7,4%, tandis que les clients industriels verront une légère diminution de moins de 1%.
La réduction des tarifs est principalement due à la baisse des prix du carburant, entraînant une diminution de 8,8%. Cela est partiellement compensé par des augmentations des programmes d'efficacité énergétique (0,8%) et des tarifs de base (2,9%). Duke Energy Carolinas dessert environ 2,2 millions de foyers et d'entreprises dans le centre et l'ouest de la Caroline du Nord, y compris Charlotte, Durham et le Triad.
Duke Energy Carolinas (DUK) hat einen Rückgang der Stromtarife um 3,6% für Kunden in North Carolina ab dem 1. Januar 2025 angekündigt. Diese Anpassung folgt der jährlichen Überprüfung der Brennstoffkosten durch die North Carolina Utilities Commission. Ein typischer Haushaltskunde, der 1.000 kWh pro Monat verbraucht, wird eine Senkung seiner Rechnung um 5,17 USD erleben, von 142,17 USD auf 137 USD, was 23% unter dem nationalen Durchschnitt liegt. Geschäftskunden werden einen durchschnittlichen Rückgang von 7,4% erleben, während Industriekunden einen leichten Rückgang von weniger als 1% verzeichnen werden.
Die Senkung der Tarife ist hauptsächlich auf fallende Brennstoffpreise zurückzuführen, die zu einem Rückgang von 8,8% führen. Dies wird teilweise durch Erhöhungen bei Energieeffizienzprogrammen (0,8%) und Grundtarifen (2,9%) ausgeglichen. Duke Energy Carolinas versorgt etwa 2,2 Millionen Haushalte und Unternehmen im zentralen und westlichen North Carolina, einschließlich Charlotte, Durham und dem Triad.
- 3.6% decrease in electric rates for residential customers
- 7.4% average decrease for commercial customers
- Residential rates 23% below national average, saving customers approximately $480 per year
- 8.8% decrease in fuel prices passed on to customers
- 2.9% increase in base rates
- Slight increase of 0.8% for energy efficiency and demand-side management programs
Insights
The 3.6% rate decrease for Duke Energy Carolinas customers is a positive development for both consumers and the company. This reduction, driven by falling fuel prices, showcases Duke Energy's ability to pass on cost savings to customers, potentially improving customer satisfaction and retention. The company's proactive management of fuel contracts demonstrates operational efficiency.
Notably, Duke Energy Carolinas' rates are now
Investors should monitor how this rate decrease affects Duke Energy's revenue and profit margins in the short term, while considering the potential long-term benefits of improved customer relations and market positioning.
Duke Energy's rate decrease reflects broader trends in the energy sector, particularly the impact of falling fuel prices. This adjustment demonstrates the effectiveness of regulatory mechanisms like the North Carolina Utilities Commission's annual review process in ensuring fair pricing for consumers.
The company's diverse energy portfolio, with a significant portion of carbon-free nuclear generation, helps stabilize prices and aligns with clean energy goals. This balanced approach positions Duke Energy favorably amidst increasing pressure for utilities to transition to cleaner energy sources.
The upcoming potential decrease from nuclear federal tax credits further highlights the interplay between energy policy and consumer costs. As the industry continues to evolve, Duke Energy's strategy of balancing affordability, reliability and clean energy transition will be crucial. Investors should pay attention to how the company navigates these complex regulatory and market dynamics in the coming years.
- Falling fuel prices result in lower customer rates
- Bill for typical residential customer will be
23% below national average
A typical residential customer in
Commercial customers will see an average decrease in their bills of about
Duke Energy Carolinas serves about 2.2 million households and businesses in central and western
A proposed decrease for Duke Energy Progress customers is currently being evaluated by regulators; if approved, those customers would also see rates decline starting Dec. 1.
Large Drop Follows Temporary Increase
To ensure accurate rates, the North Carolina Utilities Commission (NCUC) annually reviews the fuel costs required to generate electricity for customers, along with rider updates for state programs to encourage clean energy adoption and reduce energy use. The NCUC issued its order approving the annual adjustment on Aug. 20.
On Sept. 1, residential rates will briefly rise about
Then on Jan. 1, rates will significantly decline when additional adjustments are made:
- A decrease of
8.8% to adjust for falling fuel prices - An increase of
0.8% for energy efficiency and demand-side management programs to lower energy use - An increase of
2.9% to base rates, as previously approved by the NCUC in its 2023 multiyear rate case order
The collective result is a
Duke Energy Carolinas works to actively manage fuel contracts to keep costs as low as possible for customers. Bills reflect actual fuel costs – customers pay what we pay. Additionally, carbon-free nuclear provides about half of
Duke Energy Carolinas
Duke Energy Carolinas, a subsidiary of Duke Energy, owns 20,700 megawatts of energy capacity, supplying electricity to 2.9 million residential, commercial and industrial customers across a 24,000-square-mile service area in
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in
Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear.
More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.
Contact: Bill Norton
24-hour media line: 800.559.3853
View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-carolinas-customer-rates-to-drop-3-6-on-jan-1-after-north-carolina-utilities-commission-issues-annual-fuel-filing-order-302233011.html
SOURCE Duke Energy
FAQ
When will Duke Energy Carolinas (DUK) customers see a rate decrease in North Carolina?
How much will a typical Duke Energy Carolinas (DUK) residential customer save after the rate decrease?
What is causing the rate decrease for Duke Energy Carolinas (DUK) customers?
How do Duke Energy Carolinas (DUK) residential rates compare to the national average?
