Want to weigh in on Duke Energy's proposal to increase its rates? The public will get a chance to do so in a series of public hearings to be held next month.
Public hearings will be held at 6 p.m. on the following dates and locations:
Greenville – Monday, June 24, 2013
Greenville County Council Chambers
301 University Ridge, Suite 2400
Greenville, SC 29601
Anderson – Thursday, June 27, 2013
Anderson Civic Center, Ballrooms A & B
3027 MLK Jr. Boulevard
Anderson, SC 29625
Spartanburg – Thursday, June 20, 2013
Spartanburg Community College, Auditorium of the Tracey J. Gaines Building
800 Brisack Road
Spartanburg, SC 29303
Columbia – Thursday, August 1, 2013
Public Service Commission
Commission Hearing Room
101 Executive Center Drive
Columbia, SC 29210
In the rate request filed in March with S.C. regulators, the utility seeks to boost residential customers' monthly electricity bills by 16.3 percent.
Duke also seeks to raise rates 14 percent and 14.4 percent for commercial and industrial customers, respectively. The request awaits approval by the Public Service Commission of South Carolina.
Duke said the increases would raise $220 million, money it said it needs to offset investments in new energy production and infrastructure.
“As part of our ongoing fleet-modernization plan, we have recently built and put into service two new, state-of-the art power plants that will provide cleaner electricity and serve our customers reliably for decades to come,” said Clark Gillespy, Duke Energy’s South Carolina state president, in a news release.
If approved, this would be Duke’s third rate increase since 2010. Rates for South Carolina customers increased in February 2012 by an average of about 6 percent. That increase dropped per a settlement with the Public Service Commission from Duke’s original request for a rate increase of 15 percent.
Duke Energy Carolinas’ service area covers 24,000 square miles in North Carolina and South Carolina and supplies electric service to 2.4 million residential, commercial and industrial customers.
Additional information concerning Duke's application can be found on the Commission’s website at www.psc.sc.gov.
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Duke Energy Sets Rate Increase Public Hearings
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