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Duke Energy Progress proposes reduction in residential charges in South Carolina

Duke Energy Progress LLC made its annual filing with the Public Service Commission of South Carolina for the recovery of costs to implement energy-efficiency and low-income customer assistance programs.

The recovery is based on a true-up of actual costs for energy efficiency programs in 2018, plus forecast lower costs in 2020 because of improved technology and lower participation in the programs, Duke Energy Corp. said in an Aug. 2 news release.

If implemented, the new rates that kick in from Jan. 1, 2020, will bring the monthly bill of an average residential customer using 1,000 kWh to $125.43 from $128.76, a reduction of $3.33.

In 2018, the energy efficiency programs helped collectively save more than 210 million kilowatt-hours of electricity in the Carolinas, according to Duke.