News site says rate hike "saves" money

Even though the Kentucky Post exists only in online form now, it's still surprisingly adroit at trying to put a happy face on corporate greed.

Regarding Duke Energy's latest greed-driven rate hike, the Post has run a headline blaring, "Kentucky Duke Customers To Save $4.4M."

Hiking utility rates "saves" people money??? Seriously, that's what the headline claims - even though the article itself doesn't even suggest this.

The Post's apparent rationale for saying that the hike "saves" money is that the increase is actually less than what Duke originally wanted. But there shouldn't even be ANY increase. Especially after yet another unexplained mass power outage in the region last night.

Here's the article:

http://www.kypost.com/news/local/story/Kentucky-Duke-Customers-To-Save-4-4M/MD6AIFj8DkmQh1lUDjxHlQ.cspx

Nothing in the article suggests any savings, as the article is about a rate increase - not a decrease. So the headline is downright wrong.

Why is the Kentucky Attorney General even allowing any rate hike at all, after Duke already exploited the Blackout of '08 to win an increase?