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Duke expected to file request for rate hike in SC

Aug 5, 2011 8:41:00 AM - thestate.com
Duke Energy is expected to ask to increase rates in South Carolina.

The request is expected to be filed with the Public Service Commission on Friday.

Duke spokesman Jason Walls said the new rates would likely go into effect in February.

Duke wants to raise rates to offset the nearly $5 billion it has spent on its electricity generating and transmission system in the Carolinas since 2009.

The company has about 600,000 electricity customers in South Carolina and 1.8 million in North Carolina.

USA, South Carolina: (Latest Stories)