Business
Duke Energy Carolinas proposes new rates to support ongoing efforts to build a stronger energy future for South Carolina customers
Duke Energy Carolinas today asked South Carolina regulators to perform a public review of the company's current rates.
About this update from Duke Energy Corporation (holding Company)
[{"type":"list","items":[{"val":[{"type":"text","content":"Recent investments have strengthened the grid and reduced outages for customers","length":79,"tagName":"p"}]},{"val":[{"type":"text","content":"The electric utility serves nearly 680,000 customers in the Upstate region and along the I-77 corridor south of Charlotte","length":121,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":200,"olType":false},{"type":"text","content":"GREENVILLE, S.C., July 1, 2025 /PRNewswire/ -- Duke Energy Carolinas today asked South Carolina regulators to perform a public review of the company's current rates.","length":169,"tagName":"p"},{"type":"image","alt":"Duke Energy logo (PRNewsfoto/Duke Energy)","displaySize":"","headline":null,"caption":"Duke Energy logo (PRNewsfoto/Duke Energy)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":128,"url":"https://media.zenfs.com/en/prnewswire.com/829a69c01f1ce34f867ba8075a40a22b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/AZkz2p7IVk.0RFE.fpGQ7Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/829a69c01f1ce34f867ba8075a40a22b","width":400,"height":128}},"href":"https://mma.prnewswire.com/media/660545/Duke_Energy_New_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"list","items":[{"val":[{"type":"text","content":"The company last requested a review of base rates for customers in early 2024. Since then, the company has made investments in the things our nearly 680,000 retail electric customers expect from us: upgrades to strengthen the grid, improve reliability and storm resilience, and maintain and upgrade our generation fleet.","length":320,"tagName":"p"}]},{"val":[{"type":"text","content":"Duke Energy Carolinas provides retail electric service to customers in the following counties in South Carolina: Abbeville, Anderson, Cherokee, Chester, Fairfield, Greenville, Greenwood, Kershaw, Lancaster, Laurens, McCormick, Newberry, Oconee, Pickens, Saluda, Spartanburg, Union and York.","length":290,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":610,"olType":false},{"type":"text","content":"By the numbers: The company's application in front of the Public Service Commission of South Carolina (PSCSC) requests an overall annual revenue increase of $150.5 million, which represents a 7.7% increase over current reve...