GREENVILLE, S.C., Sept. 2, 2015 /PRNewswire/ -- Duke Energy
Progress is committed to helping customers reduce energy
consumption and resulting costs through energy-efficiency programs
and assistance for low-income customers.
Through 2014, the company's programs have enabled customers to
reduce peak demand by almost 9 percent as a result of our energy
efficiency programs. On Tuesday, 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 an increase of $3.07. If approved, these customers' bills would
increase from $101.20 to $104.27 per month. The new rates would become
effective Jan. 1, 2016.
For non-residential customers, the impact will vary based on the
opt-out elections made by the customer. A non-residential customer
that participates in all of the company's programs and pays all
rider amounts would see an increase of $3.57 per month for 1,000 kWh usage.
Rates have increased primarily due to a reduction in the
recovery period for program costs and the inclusion of additional
costs and incentives related to the implementation of new programs
for both residential and non-residential customers.
The energy efficiency/demand-side management (EE/DSM) charge
covers a portion of the cost of implementing energy efficiency
programs and providing incentives to help customers take control of
their energy usage and save money. The charge is reviewed annually
by the PSCSC.
About Duke Energy
Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250
company traded on the New York Stock Exchange under the symbol DUK.
More information about the company is available at
duke-energy.com.
Follow Duke Energy on Twitter, LinkedIn and Facebook.
Contact: Ryan Mosier
24-hour media line: 800.559.3853
Logo -
http://photos.prnewswire.com/prnh/20130322/CL81938LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/duke-energy-progress-proposes-update-to-costs-of-energy-efficiency-programs-in-south-carolina-300136969.html
SOURCE Duke Energy