Duke Energy Rate Hike: Consumers Rally with Agency's Support

Consumer Protection Agency Takes a Stand Against Duke Energy's Rate Hike

As Duke Energy seeks a significant 7.6% increase in power rates in South Carolina—an extra $10.38 a month for the average residential customer—the South Carolina Consumer Affairs Department has stepped in to represent consumer interests. This intervention comes at a critical time, as the Public Service Commission evaluates the application, which aims to bolster infrastructure and improve storm readiness.

Public Hearings - A Voice for Consumers

Public hearings are scheduled throughout October and November in cities including Anderson, Greenville, Spartanburg, and Columbia. These meetings provide an invaluable opportunity for community members to voice their concerns and opinions regarding the proposed rate increase. Residents are encouraged to participate and discuss how this increase impacts their monthly budgets, especially in a state already burdened by some of the highest energy rates in the nation.

The Bigger Picture: Previous Settlements and Ongoing Concerns

This proposed rate hike follows a previous settlement in May 2024, where various stakeholder groups negotiated a downward revision of Duke’s initial 20% request to a more manageable 13%. This earlier agreement also included enhanced support for low-income customers, offering programs that help manage energy costs and improve energy efficiency. The current situation raises questions about how much more consumers can bear and whether Duke Energy is balancing profits with the need for affordable energy.

What's Next: Preparing for the Hearings

Those interested in attending the hearings should prepare by researching the specifics of Duke's application and drafting their statements. Key dates and locations are available from the Public Service Commission, and testimony can also be given virtually on select dates. For many, this is more than a commentary on rates; it’s about advocating for equity in energy access for all South Carolinians.

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Duke Energy Rate Hike: Consumers Rally with Agency's Support

Consumer Protection Agency Takes a Stand Against Duke Energy's Rate Hike

Public Hearings - A Voice for Consumers

The Bigger Picture: Previous Settlements and Ongoing Concerns

What's Next: Preparing for the Hearings

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