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Duke Energy proposes rate decerease

on Tuesday, 06 August 2019. Posted in News, Local News

Duke Energy Progress customers in South Carolina will see savings in their monthly energy bills related to the costs of programs that help them save energy and money.

Duke Energy Progress is committed to helping customers reduce energy consumption and resulting costs through energy-efficiency programs and assistance for low-income customers. These programs helped customers collectively save more than 210 million kilowatt hours of electricity in the Carolinas in 2018.

On Aug. 1, Duke Energy Progress made its annual filing with the Public Service Commission of South Carolina (PSCSC) to recover the costs of implementing these programs.

The total monthly impact of the rate change for a residential customer using 1,000 kWh per month is a decrease from $128.76 to $125.43, or $3.33. If approved by the PSCSC, the new rates will become effective Jan. 1, 2020. For non-residential customers, the impact will vary based on the opt-out elections made by the customer.

The charge is based on a true up of actual costs for energy efficiency programs in 2018, plus they are forecasting lower costs in 2020 because of improved technology and lower participation in the programs.

The charge covers the cost of implementing energy-efficiency programs and providing incentives to help customers take control of their energy usage and save money.

Duke Energy Progress serves about 169,000 customers in the northeastern part of South Carolina, including Darlington, Florence and Sumter counties

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