Millions set for June refunds as Duke Energy overcharged hurricane recovery costs by 90.5 million

No application needed, bills automatically drop in June

Duke Energy must refund a 90.5 million overcharge tied to 2024 hurricane recovery costs, affecting millions of US households. Regulators found nearly 1 billion was collected, while about 915.3 million was actually spent on restoration. Starting June billing cycles, the refund will automatically lower electricity rates without customer action, delivering modest summer savings.