Dominion Seeks Higher ROE, Rate Hike in South Carolina Starting in July

Dominion seeks higher ROE, rate hike in South Carolina starting in July

Dominion Energy has proposed raising residential customer bills in South Carolina by about 12.7%. The utility is expecting electric demand to grow 1.2% annually for the next two decades.

Dominion Energy Announces 12% Rate Hike for South Carolina Customers Starting July

Dominion Energy has just filed a request with South Carolina regulators to raise electric rates next year, a move that would increase the average residential bill by about 12 percent starting in July. The proposal, submitted to the South Carolina Public Service Commission (PSC), would add nearly $20 per month to the typical household bill. Dominion says the increase is necessary to recover roughly $322 million in costs tied to major system upgra…