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After hundreds of people angry over a price increase requested by Duke Energy attended public meetings and the regulators criticized the utility as "deaf tonic" and by senior executives as being overpaid, a tariff increase considerably lower than that requested came into effect on June 1. Last year, the initial request was for an increase of $ 231 million. The increase would have affected more than half a million customers in the north of the state with an increase of 238% in basic facility costs.Duke Energy Carolinas said that its Demand for adjusting customer bills reflected "significant investments made to build a cleaner and smarter energy future for the future". In South Carolina, Duke Energy Carolinas has approximately 591,000 customers in the Southern State North, including Greenwood, Greenville, Spartanburg, Lancaster and York.Duke counties residential facilities from $ 8.29 to $ 28. According to the Public Service Commissioner, Thomas Ervin, representative of the Upstate, he wrote a directive demanding a reduction in rate increases, a reduction in the rate of return that Duke Energy could collect in the future and a reduction of what the company could charge customers for cleaning coal ash in North Carolina. "The CEO and the management team have demonstrated that they are deaf" as to how a 238% increase in the basic facility tax would have had a negative and negative impact on the facilities. elderly, disabled, low-income and low-use customers, "according to the directive. Regulators also attacked Duke CEO 's salaries Ervin' s directive said: "I recommend the excessive rejection of 75% of the CEO 's too high compensation for South Carolina over the past year. year test 2017, as well as 50% for the top three top executives of the company. " Lynn Good, CEO of Duke Energy, made a profit of $ 21.4 million last year, an increase of 55% over the previous year, according to the company's proxy ranking. including Upstate Forever, AARP and other nonprofit organizations, said the increased fees would have affected customers who could afford the least difficult. Low-income and fixed-income families, who are often forced to conserve energy to reduce their bills, would have paid the same fees as others who are better able to pay. The Commission approved an average rate increase 3.7% for all residential customers. . Commercial and industrial customers will see an average increase of about 1.6%. A typical residential customer using 1,000 kilowatt hours of electricity per month will now pay about $ 122.45 a month, an increase of about $ 4.71. The new rates came into effect on Saturday.
After hundreds of people angry over a price increase requested by Duke Energy attended public meetings and the regulators criticized the utility as "deaf tonic" and by senior executives as being overpaid, a tariff increase considerably lower than that requested came into effect on June 1.
Last year, Duke Energy's initial application was for an increase of $ 231 million in rates. The increase would have affected more than half a million customers in the north of the state, with an increase of 238% in basic facility costs.
Officials at Duke Energy Carolinas said that its customer bill adjustment request reflected "significant investments in building a cleaner and smarter energy future for South Carolina customers."
Duke Energy Carolinas serves approximately 591,000 customers in the North East region of South Carolina, including Greenwood, Greenville, Spartanburg, Lancaster and York Counties.
Duke requested an increase in base fees for residential residential facilities from $ 8.29 to $ 28, an increase that critics reported would have resulted in $ 236.52 per customer per year.
Public Service Commissioner Thomas Ervin, who represents Upstate, has drafted a directive demanding a reduction in the rate hike, the rate of return that Duke Energy can collect in the future and a reduction in fees charged by the company for cleaning coal ash in North Carolina.
"The CEO and the management team showed that they were" deaf-mute "on the impact that an increase of 238% of the base load on basic facilities would have had a negative impact on the elderly, people with disabilities, low-income and low-use customers, "said the directive.
Regulators have also tackled the salaries of Duke's CEO and senior executives.
Ervin's directive stated: "I recommend a disallowance of 75% of the excessively high executive pay for South Carolina during the 2017 test year and a 50% disallowance for the three plus senior executives of the company. "
According to Charlotte Observer, Duke Energy's CEO, Lynn Good, earned $ 21.4 million last year, an increase of 55% over the previous year, according to the company's proxy filing. .
Critics, including non-profit organizations Upstate Forever, AARP and others, said the rising costs would have affected customers who could afford the least. Low-income and fixed-income families, often forced to conserve energy to reduce their bills, would have paid the same fees as others who are better able to afford them.
The Commission approved an average rate increase of 3.7% for all residential customers. Commercial and industrial customers will experience an average increase of approximately 1.6%.
A typical residential customer who consumes 1,000 kilowatt hours of electricity will now pay about $ 122.45 a month, an increase of about $ 4.71.
The new rates came into effect on Saturday.
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