Anderson, October 14, 2025
News Summary
Duke Energy Carolinas has submitted a proposal for a 7.6% rate increase, affecting average residential charges by approximately $10.38 per month. This increase aims to enhance the power grid and preparedness for storms. Public hearings are scheduled in Anderson, Greenville, Greenwood, and Columbia. Additionally, Duke Energy plans to apply for a new natural gas power plant in Anderson County with a capacity of 1,400 megawatts, which is expected to boost local jobs and meet rising energy demands.
Anderson, SC
Duke Energy Carolinas is proposing a 7.6% rate increase, translating to an approximate charge of $10.38 per month for the average residential customer. This request has been submitted to the South Carolina Public Service Commission (PSCSC) for review.
The proposed rate increase is expected to support investments in the power grid, enhance storm preparedness, and upgrade fleet capabilities. Public hearings on this increase are scheduled to be held on October 13 in Anderson and October 14 in Greenville, both starting at 6 p.m. Additional hearings are also planned for October 16 in Greenwood and November 13 in Columbia. Duke Energy currently serves approximately 680,000 customers in South Carolina.
Duke Energy’s South Carolina President highlighted that this request aligns with the customers’ best interests. The PSCSC plays a critical role in regulating rates for public utilities in South Carolina, while the South Carolina Department of Consumer Affairs focuses on protecting consumer rights and promoting competitive practices in the market.
New Natural Gas Power Plant Proposal
In conjunction with the rate hike request, Duke Energy is also planning to submit an application for a new natural gas power plant in Anderson County later this year. The facility is anticipated to possess a capacity of 1,400 megawatts, which aims to cater to the rising demand for electricity in the region.
Construction of the proposed power plant is earmarked to begin in the summer of 2027, with expectations for it to become operational by early 2031, subject to relevant approvals. The site designated for the plant spans 200 acres along Highway 81 South, near True Temper Road in Anderson County.
This project is projected to create about 600 jobs during construction and will provide 30 permanent jobs following its completion. The new facility is designed to support South Carolina’s economic growth and respond to the increasing population and energy demands.
Moreover, the plant will take advantage of existing transmission infrastructure and utilize advanced natural gas turbine technology, thus promoting efficiency in energy production. Prominent state officials, including the Governor and State House Speaker Murrell Smith, have shown their support for Duke’s investment, citing its significance for energy reliability in South Carolina.
Residents and businesses located near the proposed site will receive information on how to provide feedback regarding the project, ensuring community involvement in the decision-making process.
FAQ
What is the proposed rate increase by Duke Energy Carolinas?
Duke Energy Carolinas is seeking a rate increase of 7.6%, approximately $10.38 per month for the average residential customer.
When and where will public hearings take place regarding the rate increase?
Public hearings on the proposed rate increase will be held on October 13 in Anderson and October 14 in Greenville, starting at 6 p.m. Additional hearings will occur on October 16 in Greenwood and on November 13 in Columbia.
What is the purpose of the proposed rate increase?
Duke Energy links the proposed rate increase to investments in the power grid, storm preparedness, and fleet improvements.
What are the details about the new natural gas power plant?
Duke Energy plans to submit an application for a new natural gas power plant in Anderson County later this year with a projected capacity of 1,400 megawatts.
When is construction expected to commence for the new power plant?
Construction of the power plant is expected to begin in the summer of 2027 and be operational by early 2031, pending approval.
How many jobs will the new power plant create?
The project will create approximately 600 jobs during construction and 30 permanent jobs afterward.
| Feature | Details |
|---|---|
| Proposed Rate Increase | 7.6% (~$10.38 per average residential customer) |
| Public Hearings Dates | October 13, 14, 16, & November 13 |
| New Power Plant Capacity | 1,400 megawatts |
| Construction Start Date | Summer 2027 |
| Operational Target Date | Early 2031 |
| Jobs Created During Construction | 600 |
| Permanent Jobs Post-Completion | 30 |
Deeper Dive: News & Info About This Topic
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Duke Energy Proposes New Gas-Fired Power Plant in South Carolina
Duke Energy Appoints Tim Pearson as New President in South Carolina
Duke Energy Appoints New President for South Carolina Operations
Duke Energy Focuses on Resilience After Hurricane Helene
Greenville Initiates Major Roadway Improvements and Redevelopment
Additional Resources
- Greenville Online: Duke Energy Rate Increase for Greenville and Anderson
- Duke Energy News: New Natural Gas Plant Proposal
- Greenville Business Magazine: Duke Energy’s Application for Natural Gas Plant
- Fox Carolina: Power Outages in Western Carolinas
- Wikipedia: Duke Energy
Author: STAFF HERE GREENVILLE
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