Duke energy customers will soon see changes to their bills.
The company said the Public Service Commission of South Carolina approved a price increase that will cover restoration investments after Hurricane Helene, strengthen its grid, and support a growing customer base.
Starting in March, electric bills for the average residential customer in the Carolinas who uses 1,000 kilowatt-hours a month will increase by about .84 cent. This will bring their bill from $148.02 a month to $148.86 a month.
On its website, the energy company released a statement saying, "Duke Energy is committed to meeting the expectations our customers have around reliability, responsiveness and value – striking the right balance that delivers these at the lowest possible cost for customers. That means investing in what matters, delivering results efficiently, and remaining transparent about what customers are paying for and why.”
This approval comes just after leaders from another South Carolina energy company, Dominion, filed a request with the Public Service Commission to significantly raise its electric rate.
Hearings are Dominion's proposal are slated for March of this year.