Initial Filing Date: 9/1/2022
Summary: Year 1: 11.2% Residential, 8.5% Small General Service, 7.2% Medium General Service, 5.7% Large General Service, 6.1% Outdoor Lighting; Year 2: 14.7% Residential, 12.1% Small General Service, 8.2% Medium General Service, 6.2% Large General Service, 17.2% Outdoor Lighting.
Effective Date: 4/1/2023
Duke Energy Progress field an application for increase in electric rates with the South Carolina Public Service Commission on 9/1/2022. The proposed revenue increase in their multi-year plan is distributed among classes of customers by increasing the rate schedules as follows: in Year 1, 11.2% for the residential class, 8.5% for the small general service class, 7.2% for the medium general service class, 5.7% for the large general service class, and 6.1% for the outdoor lighting class; in Year 2, 14.7% for the residential class, 12.1% for the small general service class, 8.2% for the medium general service class, 6.2% for the large general service class, and 17.2% for the outdoor lighting class. The proposed effective dates would be April 1, 2023 for Year 1 and April 1, 2024 for Year 2.