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Source: TRIAD BUSINESS JOURNAL, 6/22/17
Hearings on Duke Energy Progress' proposed rate hike are likely to start in October. The order issued Tuesday by the commission requires a full rate case proceeding and suspends the rates Duke Energy proposes to implement Jan. 1 for 270 days. That last part is a formality, but a required one, to give the commission time to take testimony, hold hearings and rule on the proposed increase. For more of this story, click here.
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