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Upstate Community Reacts to Duke Energy's Power Bill Proposal
- Duke Energy Carolinas has submitted a request for a public review of its current rates for approximately 680,000 customers in South Carolina’s Upstate and Midlands regions, proposing that any approved increases take effect starting March 1, 2026.
- This request follows a rate review sought earlier last year as part of Duke's efforts to support grid investments, improve storm readiness, and maintain its generation fleet amid serving a growing population.
- Duke Energy seeks to raise revenues by $150.5 million, representing a 7.7% increase, which would raise typical residential bills by $10.38 monthly from $136.82 to $147.19 for usage of 1,000 kilowatt-hours.
- South Carolina President Tim Pearson stated that while the company carefully considers any proposal to raise rates, it is important to be transparent and prompt when submitting such requests, adding that the rate adjustments differ among customer groups depending on the costs associated with serving them.
- If approved, this increase will follow prior hikes totaling about $18 since August 2024 and reflects ongoing gradual raises amidst public hearings involving customers and stakeholders before final approval by the Public Service Commission.
12 Articles
12 Articles
Duke Energy again seeking to raise SC power bills • SC Daily Gazette
Duke Energy is again seeking to increase electricity rates, this time for all of its 857,000 South Carolina customers. (File photo by Getty Images)Duke Energy is again seeking to increase electricity rates, this time for all of its 857,000 South Carolina customers across the upper third of the state. Less than a year after the utility last raised rates in the Upstate, power bills for those Duke Energy residential customers there could go up, on …
BEMC announces upcoming transition to time-based structure
BRUNSWICK COUNTY, NC (WWAY) — Brunswick Electric Membership Corporation Wednesday announced an upcoming shift to a time-based rate structure and a Base Facility Charge adjustment, set to take effect for energy consumed beginning November 1. BEMC says this change is designed to provide members with greater control over their energy costs by offering opportunities to save when shifting energy use to off-peak hours. The transition to time-based rat…
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