According to Duke Energy Progress, rates will increase over the next four years by 4.7% to account for a return of state income taxes and an additional 1.3% increase thereafter. Looking at the chart Duke Energy Progress provided on their website, residential charges will bare the greatest impact. View the chart and read more from Duke Energy Progress here.
You can search the web for all the reasons why Duke Energy Progress has decided to raise rates. In the meantime, here are some things you can do reduce your usage and help minimize your bill at the same time.
A few basics:
Duke Energy Progress offers an online toolkit to help their customers save energy and ironically... money. Nonetheless, we all want a lower utility statement and we all want to waste less. From home rebates and incentives to discounted energy efficient products, Duke Energy Progress also offers special assistance to customers who meet specific qualifications; read more here.
**Full Disclosure** Duke Energy Progress has in no way shape or form offered Rogers Property Management any compensation for our blog. We merely care about our owners and residents. Our main focus it help them save money and provide them with the resources they need.