SC utility commission allows Duke Energy to raise rates
COLUMBUS, S.C. (AP) — South Carolina’s Public Service Commission has agreed to allow Duke Energy Carolinas to raise its basic facilities charge for residential customers but it’s less than originally requested.
The Spartanburg Herald-Journal reports Commissioner Thomas Ervin, who represents Spartanburg and Greenville counties, criticized the initial application to raise fees from $8.29 to $28. Duke Energy later agreed to an $11.96 increase.
The commissions’ ruling this week backs that agreement. The new rates are effective June 1.
Public hearings were held in Spartanburg, Greenville and Anderson in March. The company says the increases are needed to help modernize power plants, coal ash cleanup, and cover nuclear project development costs, including the shelved Lee Nuclear Station project in Cherokee County.
Duke Energy Carolinas serves 591,000 customers in Spartanburg, Greenville, Greenwood, Lancaster and York counties.
Information from: Herald-Journal, http://www.goupstate.com/