Dominion Energy South Carolina files rate request with state regulators
Dominion Energy South Carolina filed a rate review request with the Public Service Commission of South Carolina this week.
If approved as requested, the bill of a typical residential customer using 1,000 kilowatt-hours of electricity per month would be approximately $151. This would be an average monthly increase of about $5 – or 3.6 percent — from the current bill. The new rates, if approved, would be effective in September, following a series of public hearings.
“Our dedicated men and women work hard to keep the lights on for our customers no matter the conditions,” Keller Kissam, president of Dominion Energy South Carolina, said. “As a responsible energy company, this means we must invest money needed to keep our plants running, to keep our system reliable and to keep our grid secure – all while doing our part to help make South Carolina a place where people want to raise their families and run their businesses.”
The company has made significant investments in technology and infrastructure, including $963 million to install more than 19,000 distribution transformers, nearly 1,600 miles of distribution lines as well as new or replacement transmission lines, switchyards and substations, including two solar substations. The company has also invested $478 million in upgrades, improvements, and additional environmental controls for generation plants and $135 million in technology, systems and equipment. Further, it has invested in storm response and restoration, vegetation management and environmental remediation.
“If approved by the commission, Dominion Energy’s diligent management of electric fuel costs will help keep this proposed rate adjustment as low as it is,” Kissam said. “We’re committed to running our business efficiently and reliably as we continue to integrate increasingly clean energy while maintaining affordable rates.”
Since 2019, FPL has added approximately 40,000 new electric customers to its system and invested $1.6 billion in its electric system.
