Duke Energy Carolinas wants to raise monthly electric bills $10.38 for residential customers in South Carolina starting March 2026.
Duke Energy requested the rate hike because it wants a 7.7% increase in annual revenue, about $150.5 million, to support investments in power grids, improve storm readiness and enhance its generating fleet.
Residential customers would see the highest price hike. The ten dollar increase equals an approximate 7% increase in monthly bills. Commercial and industrial customers will see an increase of about 5.4% and 5.2% respectively.
WCNC Charlotte To Go is a daily news and weather podcast you can listen to so you can start your day with news that impacts you from the team at WCNC Charlotte.
SUBSCRIBE: Apple Podcasts || Spotify || Pandora || TuneIn || Google Podcasts || iHeart
All of WCNC Charlotte's podcasts are free and available for both streaming and download. You can listen now on Android, iPhone, Amazon, and other internet-connected devices. Join us from North Carolina, South Carolina, or on the go anywhere.
