Duke Energy Progress: Weather Raises Rates

GREENVILLE, S.C. (AP) - Duke Energy Progress customers in South Carolina will see a slight rate increase because of higher fuel costs sparked by the winter's extreme conditions.

Duke Energy said Tuesday that a typical residential customer using 1,000 kilowatt-hours of electricity per month will see the bill increase by 14 cents from $104.88 to $105.02.

Commercial customers will have an increase of 2.8 percent. Industrial customers will see a 1.2 percent increase.

The new rates take effect Tuesday. The fuel rate is determined by the projected cost of fuel used to provide electric service to the company's customers, after a comparison against the prior year's projections. The Public Service Commission reviews the fuel costs.

Duke Energy Progress serves customers in the Florence and Sumter areas.


To find out more about Facebook commenting please read the
Conversation Guidelines and FAQs

Leave a Comment