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Old 11-30-2007, 03:54 PM
 
Location: Blue Ridge Mtns of NC
5,661 posts, read 25,673,400 times
Reputation: 3845

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Prices are going down for Duke Energy customers. An order from the North Carolina Utilities Commission issued late Thursday calls for a rate reduction of 4.7 percent by 2009. Residential customers will initially get a 3.4 percent rate cut next year. The cut is Duke's first base-rate reduction in 16 years. The company had initially requested to raise rates, but agreed last month to the cuts.
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Old 11-30-2007, 07:08 PM
 
4,833 posts, read 5,794,076 times
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Good news for Duke customers...but I am a Progress Energy customer so I'll have to wait and bite the bullet!
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Old 11-30-2007, 07:27 PM
 
Location: Blue Ridge Mtns of NC
5,661 posts, read 25,673,400 times
Reputation: 3845
Quote:
Originally Posted by Mikey_NC View Post
Good news for Duke customers...but I am a Progress Energy customer so I'll have to wait and bite the bullet!
Is Progress Energy the former Carolina Power & Light Company?
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Old 12-01-2007, 11:12 AM
 
4,833 posts, read 5,794,076 times
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Quote:
Originally Posted by mm34b View Post
Is Progress Energy the former Carolina Power & Light Company?
Yes it is. I believe they changed it to Progress Energy Carolinas about 5 years ago. We started with CP&L in 1997 and didn't notice any big changes when they made the switch other than the fact that their resources appeared to be more plentiful. Some complain about their service but we have never had a reason to do so.

Last edited by RuralCoastalGuy; 12-01-2007 at 11:14 AM.. Reason: forgot something.
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