By The Business Journal of the Greater Triad Area

The N.C. Utilities Commission will hold a public hearing at 7 p.m. tonight in High Point on proposed Duke Energy rate increases.

The hearing will be held at High Point City Hall, Council Chambers, 211 S. Hamilton St. in High Point.

Customers will be able to address the commission on a first-come, first-serve basis.

Duke Energy has proposed a 15% rate increase in North Carolina. If approved, the rates would take effect in February.

Residential customers will see the largest increase, averaging 17%. Commercial and industrial customers would see their rates go up 15% on average.

The High Point hearing is the fourth of six being held across the state.

Written comments on the rate increase can be submitted to the N.C. Utilities Commission, Public Staff, 4326 Mail Service Center, Raleigh, N.C., 27699-4326.

Copyright 2011 American City Business Journals

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