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Duke Energy Carolinas seeks rate hike in SC

CHARLOTTE, N.C. (AP) — Utility company Duke Energy Carolinas is seeking to raise utility rates in South Carolina, the company's parent company Duke Energy Corp. said Tuesday.

Duke Energy Carolinas filed a proposed settlement that outlines a general rate increase of $74.1 million, or an average of 5.2 percent, to be implemented by Feb 1, 2010. The company notes that additional steps outlined...

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