Duke Energy Progress Proposes New Rates to Enhance Energy Reliability in South Carolina

Reuters
06-13
Duke Energy Progress Proposes New Rates to Enhance Energy Reliability in South Carolina

Duke Energy Progress, a subsidiary of Duke Energy Corporation, is advancing efforts to build a smarter energy future for its South Carolina customers. The company has requested South Carolina regulators to conduct a public review of its current rates, marking the first such request since 2022. This move is part of Duke Energy Progress's ongoing commitment to enhance system diversity, reliability, and the customer experience while meeting future energy demands. Serving about 177,000 customers primarily in central and northeastern South Carolina, the subsidiary has invested in strengthening the grid, improving storm readiness, and maintaining its generating fleet. These investments have already demonstrated their effectiveness, notably during Hurricane Helene, where grid improvements helped mitigate power outages.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Duke Energy Corporation published the original content used to generate this news brief on June 12, 2025, and is solely responsible for the information contained therein.

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