Duke Energy has announced a proposal to increase electric distribution charges by 38% for its Ohio customers. This proposal, if approved by the Public Utilities Commission of Ohio (PUCO), would take effect in the spring of 2027, potentially adding an extra $18 to the monthly bills of some customers.
Investment in Infrastructure
The proposed increase is attributed to Duke Energy’s investments in its electric infrastructure. According to Matt Martin, a spokesperson for Duke Energy, these investments include smart self-healing technology aimed at reducing customer outages. This is the first electric rate case filed by Duke Energy since 2021, highlighting the company’s ongoing efforts to enhance energy reliability.
Public Review Process
Before any decision is made, PUCO will conduct a review process that includes public hearings. These hearings, expected to start in the fall, will allow regulators to gather feedback from customers. The outcome of these hearings will play a crucial role in determining whether the proposed increase will be approved.
Impact on Customers
In addition to the electric rate case, Duke Energy plans to file a gas rate case in June. If both increases are approved, the impact on customers will vary. Residential homes using natural gas energy could see a 10% increase in costs, while those using electric energy might experience a 5% monthly increase.
Original reporting: WLWT Cincinnati — read the source article.
