[ Duke Energy Progress / NC · E-2, Sub 1380 ]

Duke Energy Progress: 18.5% requested for 1,383,941 North Carolina homes

SETTLED

rate increase requested

15.19¢
per kWh, 2025
18.00¢
per kWh if approved
1,383,941
residential customers
+31.7%
since 2020

What your bill becomes

Bill today
$158.58
After the increase
$187.92
Difference / month · / year
+$29.34 · +$352.08

Estimated at Duke Energy Progress's average effective residential rate (15.19¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.

Rate case E-2, Sub 1380

Settlement filed Docket E-2, Sub 1380 ↗
  1. Nov 2025Filed with the commission as docket E-2, Sub 1380

Duke Energy Progress filed with the North Carolina Utilities Commission on November 20, 2025 for a two-year plan worth about $729 million, or 15.1% overall over 2027 and 2028 (SEC filing). The WFAE hearing notice gives the average residential increase as 18.5%, the figure shown here, while WECT reports the original request as 18.1% without naming a customer class. It points to plant investment, coal ash costs and a 10.95% return on equity. By August 2026 it had settled with the state's Public Staff for a smaller increase that would raise residential rates 6.8% over two years; the attorney general declined to sign, and the commission still has to decide, with new rates targeted for January 1, 2027.

Full case page →

Rate history 2015–2025

15.54¢10.37¢20252015
Year¢/kWhChangeCustomers
201511.01¢—1,107,292
201610.78¢−2.1%1,162,473
201710.37¢−3.8%1,183,832
201811.12¢+7.2%1,203,058
201911.83¢+6.4%1,221,129
202011.53¢−2.5%1,236,396
202111.61¢+0.7%1,257,123
202212.18¢+4.9%1,292,259
202314.18¢+16.4%1,321,846
202415.54¢+9.6%1,356,079
202515.19¢−2.3%1,383,941

How this compares

14.00¢
North Carolina average, 2025
+8.5%
Duke Energy Progress vs NC 2025 average
−11.8%
vs US 2025 average
#14
priciest in NC

Serves 56 counties in North Carolina: Alamance, Anson, Avery, Beaufort, Bladen, Brunswick, Buncombe, Carteret, Caswell, Chatham, Columbus, Craven, Cumberland, Duplin, Durham, Edgecombe, Franklin, Granville, Greene, Guilford, Halifax, Harnett, Haywood, Henderson, Hoke, Jackson, Johnston, Jones, Lee, Lenoir, Madison, McDowell, Mitchell, Montgomery, Moore, Nash, New Hanover, Onslow, Orange, Pamlico, Pender, Person, Pitt, Randolph, Richmond, Robeson, Rutherford, Sampson, Scotland, Stanly, Vance, Wake, Warren, Wayne, Wilson, Yancey. 498 ZIP codes.

Questions

Is Duke Energy Progress raising rates?

Duke Energy Progress filed docket E-2, Sub 1380 with the North Carolina Utilities Commission in Nov 2025 asking for a 18.5% increase (average residential increase), about $729M a year. No decision date has been published.

How much more would I pay Duke Energy Progress each month?

At North Carolina's average use of 1,044 kWh, a bill of about $158.58 would become about $187.92 if the full 18.5% is approved. Commissions usually approve less than the request.

What does Duke Energy Progress charge per kWh?

Duke Energy Progress's average effective residential rate was 15.19¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). North Carolina's 2025 average was 14.00¢.

How much have Duke Energy Progress rates gone up in five years?

+31.7% between 2020 and 2025, against +33.2% for North Carolina as a whole over the latest five-year window.

How many customers does Duke Energy Progress have in North Carolina?

1,383,941 residential customers in 2025, across 56 counties including Alamance, Anson, Avery, according to the EIA-861 survey.

Where do these numbers come from?

Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey; rate-case facts are from the North Carolina Utilities Commission docket linked on this page. Nothing here is a utility bill; use it to understand the direction and size of changes.

Sources

Last verified 2026-10-16

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