Rate Options

We offer a variety of rates for business and industry. We have small, medium and large general service schedules including time-of-use choices. Additionally, we offer economic development and redevelopment riders for qualifying customers to reduce costs even further.

Due to the number of variables that may have a major impact upon industrial rates, calculating an accurate estimate of a new customer's projected power rate can be a complex process. To assist in this effort, please contact John Geib at john.geib@duke-energy.com to determine an estimated rate.

Choose your area of interest below:

  • Standard Rates

    Schedule SGS (NC) - Schedule SGS is available to nonresidential North Carolina and South Carolina customers that do not qualify for an industrial schedule and where kilowatt demand is 75 kW or less each month.


    Schedule LGS (NC) -Schedule LGS is available to nonresidential North Carolina and South Carolina customers that do not qualify for an industrial schedule where the highest annual kilowatt demand is more than 75 kW.


    Schedule I - Schedule I is an industrial service schedule available in both North Carolina and South Carolina to businesses classified as "manufacturing industries" by the Standard Industrial Classification (SIC) Manual (published by the Federal Government) - provided that more than 50 percent of the electric usage is for manufacturing processes.

    Time-of-Use Rates


    Schedule OPT - Schedule OPT is available for any business and other nonresidential customers. Although this rate varies somewhat in North Carolina and South Carolina, it is intended to encourage a shift of electrical usage from "on-peak" to "off-peak" hours. Charges on these schedules vary according to the time of day, day of week and season in which energy is used. On-peak and off-peak hours are defined as follows for the summer and winter periods:

    Summer

    Winter

    June 1 to September 30

    October 1 to May 31

    Monday to Friday

    Monday to Friday

    Peak Hours: 1 p.m. to 9 p.m.

    Peak Hours: 6 a.m. to 1 p.m.


    NC EC Rider (pdf, 12 KB) SC EC Rider (pdf, 50 KB)

    Rider ER-Economic Redevelopment Billing Credit


    Rider ER provides qualifying customers locating in Duke Energy-served existing buildings a billing credit of 50 percent for their first year of operation beginning, at the customer's discretion, up to 12 months after the initial delivery of service. The monthly billing credit effectively offers a new customer the opportunity for "half-price energy" during their first year of operation, when they are moving into an existing Duke Energy-served building with adequate Duke Energy electrical service in place.

    To qualify for Rider ER, customers must sign a five-year contract with Duke Energy and add a minimum of 500 kW of new load on the Duke Energy system accompanied by either:

    • 35 new full-time employees on the Duke Energy system per 500 KW of load OR
    • $200,000 in capital investment per 500 kW of new load with a net increase in full-time employees on the Duke Energy system

    Rider ER is available to nonresidential establishments, provided the establishment is not classified as Retail Trade or Public Administration, for load associated with a new customer in an existing establishment served by Duke Energy, provided the establishment has been unoccupied and/or has remained dormant for a minimum period of six months.

    Customers must make an application for consideration of Rider ER and must affirm that the availability of this rider was a factor in their decision to locate the new load on the Duke Energy system. The 500 kW must be at one delivery point, at one voltage and must not result in additional investment in distribution facilities, other than minor alterations in the service that can be accomplished feasibly and economically.


  • Economic Development Rider

    • Provides customers expanding in North Carolina or South Carolina discounted demand charges over a five-year period
    • Must be adding 1,000 kW of new load, and either create 75 new jobs or make a capital investment of $400,000

    North Carolina Rider

    South Carolina Rider

    Economic Redevelopment Rider

    • Provides qualified customers locating in a Duke Energy-served vacant building in North Carolina or South Carolina a 50 percent discount for contract demands of 1,000 kW or greater and a 25 percent discount for contract demands of 999 kW or less on electricity used during the first year of occupancy.
    • The building occupied must have been vacant for a minimum of 60 days and the business must be adding 500 kW or more.
    • The business must either create 35 new jobs or make a capital investment of $200,000 and add full-time jobs.
    • The operational date must be no later than 12 months after the service is initiated, and the program requires a five-year contract.

    North Carolina Rider

    South Carolina Rider