Duke Energy Progress proposes fuel cost decreases for customers

Duke Energy Progress is proposing a decrease in monthly fuel costs for customers.

The proposal made to the North Carolina Utilities Commission (NCUC) reflects the actual cost of fuel used to power North Carolina homes and businesses. The fuel rate is based on the projected cost of fuel used to provide electric service to the company’s customers.

The typical residential customer using 1,000 kilowatt-hours (kWh) per month would be a decrease of $4, from $120.95 to $116.95. Also, the average commercial customer would see a 4.4 percent decrease, and the average industrial customer would see a 1.9 percent drop.

The new rates would go into effect on Dec. 1, 2019, with some also going into effect on Jan. 1, 2020.

Duke Energy Progress offers energy-saving tips and efficiency programs to help customers realize savings. Its Home Energy House Call is a free in-home energy assessment designed to give Duke Energy customers more information about how they use energy in their home and strategies to save money on their monthly bill.

Duke Energy Progress, a subsidiary of Duke Energy, provides nuclear, coal, natural gas, renewables, and hydroelectric generation. They provide about 12,700 megawatts of electric capacity to approximately 1.6 million customers in a 32,000-square-mile service area of North Carolina and South Carolina.