PSC Hears Testimony on Duke Rate Increase Request

Posted August 16, 2013 3:35 pm | Filed under Featured, Local News, News

South Carolina’s Public Service Commission Thursday night heard from supporters and opponents of a proposed electricity rate hike requested by Duke Energy during a public hearing in Rock Hill.  Duke wants to raise rates 5.5 percent the first year and 2.6 percent the second year.  York County Regional Chamber of Commerce President Rob Youngblood says Duke has been a partner in economic development and job creation.

Fort Mill resident Richard Collins says if the PSC grants Duke’s rate hike request, he wants a number of things in return.

Duke’s proposed rate hike would increase the typical residential monthly power bill by $10.31 during the two-year period.