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IURC approves rate hike

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Duke Energy

Duke Energy customers are being hit with another rate hike.

INDIANA (WLFI) — Duke Energy customers are being hit with another rate hike.   

This time, the Indiana Utility Regulatory Commission approved Duke's request for a 7.2% rate increase.

It's the second rate hike in a matter of months. The change goes into effect in October.

Duke Energy says the latest increase will cost average users more than $11 a month. The company cited higher-than-expected fuel costs that weren't in line with previous projections.

This comes after Duke requested, and state regulators approved, a 16% rate hike.

That went into effect in July.

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