Duke raising rates - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX

Duke raising rates

Posted by Trina Edwards - email

CINCINNATI, OH (FOX19) - Duke Energy is raising rates 3 percent for all of its Ohio customers starting next week.

The average customer will pay about $3 more each month.

Customers' bills will reflect the old rate until Monday and will then be pro-rated with the new rate for the rest of July.

The Public Utilities Commission of Ohio (PUCO) approved the settlement agreement that establishes distribution rates for the company's Ohio customers on Wednesday.

The rates should raise about $55.3 million a year.

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