Home News Duke Energy requests $150 million rate increase in South Carolina

Duke Energy requests $150 million rate increase in South Carolina

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SOUTH CAROLINA — Duke Energy’s proposal to raise electric rates drew public feedback Monday during a hearing hosted by the South Carolina Public Service Commission at the Anderson County Council chambers.

Duke Energy is seeking a total revenue increase of $150 million, or 7.7%. If approved, residential customers using 1 kilowatt-hour per month would see an average increase of about $10.30 on their monthly bills. Commercial customers would see an average increase of 5.4%, while industrial customers would see about a 5.2% rise.

Members of the public were invited to share their comments and concerns during Monday’s session.

The Public Service Commission will hold additional hearings across the Upstate, including one scheduled for 6 p.m. Tuesday at Greenville Technical College.

A decision on the proposed rate increase is expected by early 2026. If approved, the new rates would take effect on March 1, 2026.