Given increased public interest regarding electricity costs in the wake of Duke Energy’s recent proposal to increase residential electric rates by over 17 percent, NCSEA examined North Carolina Utilities Commission (NCUC) dockets to objectively evaluate the role of electric utilities’ energy resource choices as drivers of electric rate increases in North Carolina over the past decade, focusing largely on how much recent rate changes have been due to fossil and nuclear fuel costs, new coal and natural gas power plants, and compliance with North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard (REPS).

Duke Energy, Electricity, North Carolina, Public Policy