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Groups reach settlement in South Carolina Duke Energy rate increase case
Friday, May 17, 2024Agreement will expand low-income assistance and energy efficiency Multiple groups, including the Coastal Conservation League, have reached a settlement with Duke Energy in its request to the Public Service Commission to raise rates about 20%, reducing the increase to around 13%. The typical customer using 1073 kilowatt hours will see a $13.44 increase on their monthly bill starting in August, with an additional $6.89 increase in August 2026. Originally, Duke sought to raise rates $19.18…