A proposed multi-year rate hike would raise typical residential bills by about $34.65 per month, as regulators weigh how costs are shared across customers.
Thank you for this story and always keeping us updated re town happenings. I very much appreciate it. I'm wondering why the story did not include the salaries of the Duke executives. It seems germane to note that the CEO made over 20M dollars total compensation in 2024 and the rest of the executive team's total compensation is in the millions too (if internet research can be trusted, of course). Saying with a straight face that they need to raise rates so significantly while simultaneously taking such large compensation packages is something both the public and the regulators should be aware of and weighing, to confirm if that is the right move as part of Duke Energy's social contract with the state and their customers.
Thank you for your note. We did cover the CEO and Executive pay in a previous story. It should have been linked to in the story. Here it is for reference. Thank you for commenting and reading HSU!
Thank you for this story and always keeping us updated re town happenings. I very much appreciate it. I'm wondering why the story did not include the salaries of the Duke executives. It seems germane to note that the CEO made over 20M dollars total compensation in 2024 and the rest of the executive team's total compensation is in the millions too (if internet research can be trusted, of course). Saying with a straight face that they need to raise rates so significantly while simultaneously taking such large compensation packages is something both the public and the regulators should be aware of and weighing, to confirm if that is the right move as part of Duke Energy's social contract with the state and their customers.
Thank you for your note. We did cover the CEO and Executive pay in a previous story. It should have been linked to in the story. Here it is for reference. Thank you for commenting and reading HSU!
https://www.hollyspringsupdate.com/p/duke-energy-posts-strong-2025-results