Electric & Gas Utility

Duke Energy

Commercial rate guide for Duke โ€” Carolinas (North Carolina and South Carolina), Florida, Indiana, Ohio, and Kentucky. One of the largest U.S. electric utilities by customer count.

NCSCFLINOHKY

Rate Overview

Avg Commercial Rate
$0.11per kWh
Service Type
Electric & Gas
Supply Choice
Not Available

Rate Structure

OPT (optional power service time-of-use) for large commercial in Carolinas. General service demand (GSD) for medium loads. Florida rates under FPL-comparable structures. Fuel cost adjustment applied monthly.

Recent Rate Changes

Rising

7.5% base rate increase in North Carolina effective January 2026 approved by NCU

7.5% base rate increase in North Carolina effective January 2026 approved by NCUC; 5.9% increase in Indiana effective March 2026

Common Billing Issues

Property managers with Duke accounts frequently encounter these billing challenges:

Fuel cost adjustment swings with natural gas prices

Storm cost recovery riders post-hurricane seasons

Demand charges on OPT schedule with coincident peak billing

Renewable energy rider allocations

Grid improvement plan (GIP) surcharges in Indiana

Deregulation & Supply Choice

Regulated Market

The utility is the sole provider in this service territory.

โœ—No competitive supply choice

All Duke Energy service territories are regulated. No competitive supply choice. Vertically integrated utility in all states.

Pending Rate Filings

๐Ÿ“‹

Carbon plan cost recovery filing pending in NC; multi-year rate plan filing in South Carolina pending before SC PSC

Cities Served

Related Articles

Other Utility Providers

Conduit helps you manage Duke bills across your portfolio.

Automate bill processing, catch billing errors, and track rate changes for all your Duke accounts in one platform.

Request a Demo โ†’