Duke Energy Progress proposes new savings for customers

Duke Energy Progress, a subsidiary of Duke Energy, is proposing savings for South Carolina customers starting on New Year’s Day 2020. 

Customers who use 1,000 kilowatt hours per month can expect to see a decrease in their energy bill from $128.76 to $125.43, a monthly savings of $3.33. The company made its annual filing Aug 1 to the Public Service Commission of South Carolina (PSCSC) to recover the loss of costs it expects to see from the start of these programs.

The company was able to determine the savings based on a ‘true up’ of the actual costs in 2018. Customers saved more than 210 million kilowatt hours in cost in 2018 because of the energy-efficiency programs and low-income assistance, Duke Energy said.

The new rates will be effective Jan 1, 2020, pending approval by PSCSC.

Duke Energy Progress owns nuclear, coal, natural gas, renewables and hydroelectric generation. It services approximately 1.6 million customers in a 32,000-square mile area of North Carolina and South Carolina.

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