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Duke Energy approved for rate hike that begins Sept. 18

Published on Thursday, September 12, 2013

Duke Energy can raise its rates to residential customers in South Carolina 10 percent over two years. The state Public Service Commission approved the rate hike Wednesday.

That will reflect in higher customer bills beginning Sept. 18. The second rate hike occurs on the same date in 2014.

Residential customers can expect their monthly electric bill, per 1,000-kilowatt hours, to increase $7.52, to $107.97, the first year and an additional $2.79 the second year for a total of $110.76.

Retail and commercial customers will see an increase of 6.42 percent over the two years.

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