{"id":392991,"date":"2020-12-03T12:53:30","date_gmt":"2020-12-03T17:53:30","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=392991"},"modified":"2020-12-03T12:53:30","modified_gmt":"2020-12-03T17:53:30","slug":"duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/","title":{"rendered":"Duke Energy Progress customers in North Carolina will see bills go down in December"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">&#8211; Typical residential customer&#8217;s monthly bill will drop nearly 4%<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">RALEIGH, N.C.<\/span>, <span class=\"xn-chron\">Dec. 3, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0Duke Energy Progress customers in <span class=\"xn-location\">North Carolina<\/span> will see more than <span class=\"xn-money\">$4<\/span> in savings on their monthly energy bills beginning in December due to the combined impact of annual rate adjustments.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" title=\"Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto\/Duke Energy) (PRNewsfoto\/Duke Energy)\" alt=\"Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto\/Duke Energy) (PRNewsfoto\/Duke Energy)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Overall, energy costs will decrease 3.9% for residential customers, 3.6% for commercial customers and 2.3% for industrial customers.<\/p>\n<p>The total monthly impact for a typical residential customer using 1,000 kilowatt-hours (kWh) per month will be a decrease of <span class=\"xn-money\">$4.59<\/span> \u2013 from <span class=\"xn-money\">$116.87<\/span> to <span class=\"xn-money\">$112.28<\/span>.<\/p>\n<p>The lower rates, as approved by the North Carolina Utilities Commission, are a result of annual adjustments for costs related to fuel used to generate electricity at power plants.<\/p>\n<p>These annual adjustment also reflect compliance with the state&#8217;s renewable energy portfolio standard, cost recovery under the Joint Agency Asset Rider, and implementation of the competitive procurement of renewable energy statute. <\/p>\n<p>Rates will also adjust slightly in January to incorporate costs associated with implementation of energy efficiency and demand-side management programs.<\/p>\n<p>Duke Energy Progress serves about 1.4 million customers in central and eastern <span class=\"xn-location\">North Carolina<\/span> and in the <span class=\"xn-location\">Asheville<\/span> region. <\/p>\n<p>\n        <b>More help for customers<\/b>\n      <\/p>\n<p>Duke Energy Progress continues to provide assistance to residential and business customers whose accounts have fallen behind due to illness or lost wages. <\/p>\n<p>Support for these efforts includes:\u00a0<\/p>\n<ul type=\"disc\">\n<li>The added convenience for customers to choose an extended payment arrangement that meets their needs online, anytime.\u00a0<a target=\"_blank\" href=\"http:\/\/www.duke-energy.com\/ExtraTime\" rel=\"nofollow noopener noreferrer\">Click here<\/a>\u00a0for more information.\u00a0<br \/>\u00a0 <\/li>\n<li>Duke Energy Progress customers who need additional assistance can visit the\u00a0<a target=\"_blank\" href=\"https:\/\/www.duke-energy.com\/Community\/Customer-Assistance-Programs\/Energy-Neighbor-Fund\" rel=\"nofollow noopener noreferrer\">Energy Neighbor Fund<\/a>\u00a0website\u00a0to learn how community agencies can help pay energy bills. In addition, 211.org is a division of United Way that helps connect customers with available financial support. You can visit the site\u00a0<a target=\"_blank\" href=\"https:\/\/www.211.org\/\" rel=\"nofollow noopener noreferrer\">online<\/a>, or simply dial 211.<br \/>\u00a0 <\/li>\n<li>Resources are available\u00a0<a target=\"_blank\" href=\"https:\/\/www.duke-energy.com\/deupdates\/business-resources?_ga=2.208619282.1440751564.1594315095-1583920660.1585769951\" rel=\"nofollow noopener noreferrer\">here<\/a>\u00a0for small business customers as they are reopening, from financial assistance to billing and payment options to professional guidance to manage their energy usage.<\/li>\n<\/ul>\n<p>\n        <b>Duke Energy Progress<br \/><\/b>Duke Energy Progress, a subsidiary of Duke Energy, owns nuclear, coal, natural gas, renewables and hydroelectric generation. That diverse fuel mix provides about 12,700 megawatts of owned electric capacity to approximately 1.6 million customers in a 32,000-square-mile service area of <span class=\"xn-location\">North Carolina<\/span> and <span class=\"xn-location\">South Carolina<\/span>. <\/p>\n<p>Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in <span class=\"xn-location\">Charlotte, N.C.<\/span>, is one of the largest energy holding companies in the U.S. It employs 30,000 people and has an electric generating capacity of 51,000 megawatts through its regulated utilities, and 3,000 megawatts through its nonregulated Duke Energy Renewables unit.<\/p>\n<p>Duke Energy is transforming its customers&#8217; experience, modernizing the energy grid, generating cleaner energy and expanding natural gas infrastructure to create a smarter energy future for the people and communities it serves. The Electric Utilities and Infrastructure unit&#8217;s regulated utilities serve approximately 7.7 million retail electric customers in six states \u2013 <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Florida<\/span>, <span class=\"xn-location\">Indiana<\/span>, <span class=\"xn-location\">Ohio<\/span> and <span class=\"xn-location\">Kentucky<\/span>. The Gas Utilities and Infrastructure unit distributes natural gas to more than 1.6 million customers in five states \u2013 <span class=\"xn-location\">North Carolina<\/span>, <span class=\"xn-location\">South Carolina<\/span>, <span class=\"xn-location\">Tennessee<\/span>, <span class=\"xn-location\">Ohio<\/span> and <span class=\"xn-location\">Kentucky<\/span>. The Duke Energy Renewables unit operates wind and solar generation facilities across the U.S., as well as energy storage and microgrid projects. <\/p>\n<p>Duke Energy was named to Fortune&#8217;s 2020 &#8220;World&#8217;s Most Admired Companies&#8221; list, and Forbes&#8217; 2019 &#8220;America&#8217;s Best Employers&#8221; list. More information about the company is available at <a target=\"_blank\" href=\"http:\/\/www.duke-energy.com\/\" rel=\"nofollow noopener noreferrer\">duke-energy.com<\/a>. The <a target=\"_blank\" href=\"http:\/\/news.duke-energy.com\/\" rel=\"nofollow noopener noreferrer\">Duke Energy News Center<\/a>\u00a0contains news releases, fact sheets, photos, videos and other materials. Duke Energy&#8217;s <a target=\"_blank\" href=\"http:\/\/illumination.duke-energy.com\/\" rel=\"nofollow noopener noreferrer\">illumination<\/a>\u00a0features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on <a target=\"_blank\" href=\"https:\/\/twitter.com\/dukeenergy\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>, <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/duke-energy-corporation\" rel=\"nofollow noopener noreferrer\">LinkedIn<\/a>, <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/duke_energy\" rel=\"nofollow noopener noreferrer\">Instagram<\/a>\u00a0and <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/dukeenergy\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>. <\/p>\n<p>Contact: <span class=\"xn-person\">Meredith Archie<\/span><br \/>24-Hour: 800.559.3853<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL12545&amp;sd=2020-12-03\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december-301186000.html\">http:\/\/www.prnewswire.com\/news-releases\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december-301186000.html<\/a><\/p>\n<p>SOURCE  Duke Energy<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL12545&amp;Transmission_Id=202012031249PR_NEWS_USPR_____CL12545&amp;DateId=20201203\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Typical residential customer&#8217;s monthly bill will drop nearly 4% PR Newswire RALEIGH, N.C., Dec. 3, 2020 \/PRNewswire\/ &#8212;\u00a0Duke Energy Progress customers in North Carolina will see more than $4 in savings on their monthly energy bills beginning in December due to the combined impact of annual rate adjustments. Overall, energy costs will decrease 3.9% for residential customers, 3.6% for commercial customers and 2.3% for industrial customers. The total monthly impact for a typical residential customer using 1,000 kilowatt-hours (kWh) per month will be a decrease of $4.59 \u2013 from $116.87 to $112.28. The lower rates, as approved by the North Carolina Utilities Commission, are a result of annual adjustments for costs related to fuel used to generate electricity at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Duke Energy Progress customers in North Carolina will see bills go down in December&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-392991","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Duke Energy Progress customers in North Carolina will see bills go down in December - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duke Energy Progress customers in North Carolina will see bills go down in December - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"&#8211; Typical residential customer&#8217;s monthly bill will drop nearly 4% PR Newswire RALEIGH, N.C., Dec. 3, 2020 \/PRNewswire\/ &#8212;\u00a0Duke Energy Progress customers in North Carolina will see more than $4 in savings on their monthly energy bills beginning in December due to the combined impact of annual rate adjustments. Overall, energy costs will decrease 3.9% for residential customers, 3.6% for commercial customers and 2.3% for industrial customers. The total monthly impact for a typical residential customer using 1,000 kilowatt-hours (kWh) per month will be a decrease of $4.59 \u2013 from $116.87 to $112.28. The lower rates, as approved by the North Carolina Utilities Commission, are a result of annual adjustments for costs related to fuel used to generate electricity at &hellip; Continue reading &quot;Duke Energy Progress customers in North Carolina will see bills go down in December&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-03T17:53:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Duke Energy Progress customers in North Carolina will see bills go down in December\",\"datePublished\":\"2020-12-03T17:53:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\\\/\"},\"wordCount\":612,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/660545\\\/Duke_Energy_New_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\\\/\",\"name\":\"Duke Energy Progress customers in North Carolina will see bills go down in December - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/","og_locale":"en_US","og_type":"article","og_title":"Duke Energy Progress customers in North Carolina will see bills go down in December - Market Newsdesk","og_description":"&#8211; Typical residential customer&#8217;s monthly bill will drop nearly 4% PR Newswire RALEIGH, N.C., Dec. 3, 2020 \/PRNewswire\/ &#8212;\u00a0Duke Energy Progress customers in North Carolina will see more than $4 in savings on their monthly energy bills beginning in December due to the combined impact of annual rate adjustments. Overall, energy costs will decrease 3.9% for residential customers, 3.6% for commercial customers and 2.3% for industrial customers. The total monthly impact for a typical residential customer using 1,000 kilowatt-hours (kWh) per month will be a decrease of $4.59 \u2013 from $116.87 to $112.28. The lower rates, as approved by the North Carolina Utilities Commission, are a result of annual adjustments for costs related to fuel used to generate electricity at &hellip; Continue reading \"Duke Energy Progress customers in North Carolina will see bills go down in December\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-03T17:53:30+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Duke Energy Progress customers in North Carolina will see bills go down in December","datePublished":"2020-12-03T17:53:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/"},"wordCount":612,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/660545\/Duke_Energy_New_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/duke-energy-progress-customers-in-north-carolina-will-see-bills-go-down-in-december\/","name":"Duke Energy Progress customers in North Carolina will see bills go down in December - 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