UBJ News Duke Energy Requests More Fees for Fuel Costs
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Combined aveRage Rate inCRease
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7.9%
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6.1%
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8.9%
Lighting
1.7%
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Carolina. The company said more than 90 percent of the proposed fuel rate increase was driven by an overly large credit to customers’ rates last year. Otherwise, fuel costs have only marginally increased when compared to current rates. Duke is allowed by law to recover costs that do not result in profit. The company said in a statement that the net effect of the two filings, if approved by the PSC, would be an increase of $7.62 per month on a typical 1,000-kilowatt-hour (kWh) residential bill – increasing the price to $108.07 from the current $100.45. These rates do not include the proposed increase to base rates currently under review by the PSC.
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last week duke energy filed a request with the state Public Services Commission (PSC) to add an additional $7.62 fuel cost increase to customer bills in October. The company also filed a request to increase the monthly customer charge used to pay for expanded energy efficiency and demand-side management programs. These increases would be in addition to increases already requested by the company over the next two years, though they would not result in profits for the company. The request is intended to adjust fuel and demand-side management/energy efficiency (DSM/EE) charges for customers in South
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