NC AG Jackson rejects Duke Energy’s proposed rate increase

North Carolina Attorney General Josh Jackson has turned down Duke Energy's revised plan to hike rates by 9.5% over two years for residential users, arguing it still imposes an undue financial burden on consumers. Jackson's decision underscores the state's commitment to protecting residents from excessive utility costs. This move could lead to further negotiations between Duke Energy and state regulators to find a more equitable solution, potentially impacting energy prices and consumer advocacy efforts across the state.