DE Progress Rate Case
Building a cleaner, smarter energy future for South Carolina.
Rate Case Update
On May 1, 2019, the Public Service Commission of South Carolina (PSCSC) conducted a verbal vote on the Duke Energy Progress rate increase request during their regular agenda meeting. On May 21, the PSCSC issued a detailed written order explaining their decisions in the case. New rates will be effective beginning June 1, 2019.
The changes in customer rates come after a lengthy and very public process evaluating a request that is at the heart of the company’s ability to build a smarter energy infrastructure for South Carolina. The changes also reflect the company’s efforts to deliver electricity that is cleaner than ever, and ensure the best customer service possible. The changes also include savings from recent federal tax reform
The PSCSC approved an average rate increase of 6.3% for all residential customers. Commercial and industrial customers will see an average increase of around 4.2% (actual rates vary by customer class and size).
Beginning June 1, a typical residential customer who uses 1,000 kilowatt-hours (kWh) of electricity monthly would pay about $130.55 per month, an increase of about $8.06.
For additional details, visit the PSCSC website, docket number 2018-318-E.
How a rate case works
Our continued work to modernize the electric system, generate cleaner power, responsibly manage and close coal ash basins, and improve reliability and service to more than 169,000 customers in the Pee Dee region of South Carolina were the primary reasons behind this request. The PSCSC determines what’s appropriate for customer rates based on a long-standing and very transparent public process for reviewing rate requests.
The Public Service Commission of South Carolina held the following public hearings in response to the Duke Energy Progress application to adjust and increase its rates and charges:
- Monday, April 1, 2019, 6 p.m. at the Florence County Council Chambers, 180 N. Irby Street, MSC-G, Florence, SC 29501
- Tuesday, April 2, 2019, 6 p.m. at the USC Sumter - Nettles Auditorium, 200 Miller Road, Sumter, SC 29150