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. 

Read more: https://www.wcnc.com/article/money/duke-energy-higher-rates-sc-customers/275-942ba1f4-8a6a-45cb-8b4e-eab27eada12c

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