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AG Cooper challenges Progress rate increase in NC Supreme Court

A month after the N.C. Utilities Commission granted Duke Energy Progress a 7.5 percent residential rate increase, N.C. Attorney General Roy Cooper asked the N.C. Supreme Court to block it.

Cooper alleges that the Utilities Commission didn't take into account the higher rate's effect on Progress customers, many of whom are struggling in a weak economy.

Cooper noted that North Carolina has one of the highest jobless rates in the nation, which is particularly evident in rural areas that have experienced massive job losses in manufacturing and other trades.

"Many people are already hard pressed to pay their bills, and now isn't the time to ask them to pay more so utilities can make a bigger profit," Cooper said in a statement.

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