Duke Energy Carolinas, LLC (DEC) filed its direct testimony with the Public Service Commission of South Carolina (PSC) on July 29, 2022, to change the amount it can charge customers for fuel used to generate power. DEC states that market changes and commodity price increases are the key drivers contributing to DEC's request to adjust consumer rates. The case is scheduled to be considered by the PSC in September 2022.
If approved by the PSC, the changes requested by DEC would result in an increase of approximately $15.75 per month (~13.2%) for a typical residential consumer using 1,000 kilowatt-hours per month. The impacts for the average Residential, General Service / Commercial, and Industrial customers will vary by customer, as outlined in the "Annual Review of Base Rates for Fuel Costs of Duke Energy Carolinas, LLC page" link below.
Consumers can fill out a Letter of Protest on the PSC’s website or attend public hearings and testify to participate in the case and voice their concerns. The PSC website has more information on how consumers can sign up to speak at these public hearings. More information on this rate increase request can be found on our Annual Review of Base Rates for Fuel Costs of Duke Energy Carolinas, LLC page.