Groups Release Utility Rate Hikes Tracker

A new Electric and Natural Gas Utility Rate Hikes Tracker released by the Center for American Progress (CAP) and Natural Resources Defense Council (NRDC) shows that utility rate hikes have replaced groceries, gasoline, vehicles, and medicine as the fastest drivers of inflation. 

The report by CAP and NRDC “analysis finds that at least 237 electric and natural gas utilities have already implemented increases, been approved for increases, or are proposing an increase between 2025 and 2027. Analysis finds that these increases will affect more than 112 million electricity customers (68 percent of all U.S. electric utility customers) and more than 52 million natural gas customers (66 percent of all U.S. natural gas utility customers) across 49 states and Washington, D.C.” 

See the details for Duke Energy in North Carolina on p.9 of the report. 

Tell Lawmakers: Enough is Enough!

Last year, politicians in Raleigh passed a law which will raise residential energy bills by removing NC’s 2030 climate goal. An independent study found that eliminating the 2030 target could cost North Carolina ratepayers an extra $23 billion by 2050 in fuel expenses due to increased reliance on gas. It also allowed Duke Energy to charge customers for dirty gas plants while they are being built, before they ever begin to deliver energy. Finally, the bill shifts more of the cost of extra power from big businesses to regular households during peak demand – raising residential bills by $87 million statewide each year.

Now, Duke Energy wants to raise our rates even higher. Contact your elected officials in DC and Raleigh today to tell them: enough is enough!