Duke Energy Progress seeks residential rate cut for energy saving customers

As the new year begins, residential customers of Duke Energy Progress in South Carolina will see savings in their monthly energy bills related to the costs of programs that help them save energy and money.

Duke Energy Progress is committed to helping customers reduce energy consumption and resulting costs through energy-efficiency programs and assistance for low-income customers. These programs helped customers collectively save more than 210 million kilowatt hours of electricity in the Carolinas in 2018.

On Aug. 1, Duke Energy Progress made its annual filing with the Public Service Commission of South Carolina (PSCSC) to recover the costs of implementing these programs.

The total monthly impact of the rate change for a residential customer using 1,000 kWh per month is a decrease from $128.76 to $125.43, or $3.33. If approved by the PSCSC, the new rates will become effective Jan. 1, 2020. For non-residential customers, the impact will vary based on the opt-out elections made by the customer.

The charge is based on a true up of actual costs for energy efficiency programs in 2018, plus we are forecasting lower costs in 2020 because of improved technology and lower participation in the programs.

Duke Energy Progress serves about 169,000 customers in the northeastern part of South Carolina, including Darlington, Florence and Sumter counties.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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