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Duke Energy's smart meters provide detailed information about customers' energy use. Duke, which provides electricity service in Ohio and Kentucky, is seeking to raise electric rates for about ...
Costs will also increase for commercial and industrial customers. According to Duke, a customer using 1,000 kilowatt hours each month would see a monthly increase of about $12.06 on their bill in ...
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Footnotes / references. [1] Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company ranked as the 141st largest company in the United States in 2024 – its highest-ever placement on the Fortune 500 list.
A fixed export compensation rate for exported energy over a 10-year period would also be imposed. The export rate would amount to $0.15/kWh for installations until the distributed power exceeded 7% of the utility's customer demand. Subsequently, the rate would fall to $0.13/kWh. [20]
ISOs and RTOs of North America as of 2024. A regional transmission organization (RTO) in the United States is an electric power transmission system operator (TSO) that coordinates, controls, and monitors a multi-state electric grid. The transfer of electricity between states is considered interstate commerce, and electric grids spanning ...