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Power costs to decrease, just in time for winter: Duke Energy

A Duke Energy worker in Asheville, NC | File photo

If your power comes from Duke Energy, a drop in your electric rates this winter season may already have shown up on your bill, the company says.

Overall energy costs will decrease approximately 3.2% for residential customers, 4.5% for commercial customers and 1.6% for industrial customers.

The total monthly impact for a typical residential customer using 1,000 kilowatt-hours (kWh) per month is a decrease of $3.81, from $120.44 to $116.63.

A decrease in monthly fuel costs as part of an annual adjustment of the actual cost of fuel used to power North Carolina homes and businesses through renewable, natural gas, nuclear and coal-fired generation is the primary reason for the decrease.

Customers should see the change in their bills beginning in December or January.

Duke Energy serves 1.4 million households and businesses in central and eastern North Carolina and in the Asheville region.