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NC’s AG Cooper to appeal Progress Energy rate hike

By Emery Dalesio
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RALEIGH, N.C. (AP) — North Carolina’s attorney general says he’ll challenge an electricity rate increase taking effect Saturday that will cost the average home an extra $88 a year.

Attorney General Roy Cooper said Friday he’ll fight a North Carolina Utilities Commission decision that requires about 1.3 million customers of the former Progress Energy to pay an extra $326 million over the next two years.

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