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flag South Carolina approved a plan reducing Hurricane Helene recovery costs for Duke Energy customers, saving over $140 million.

flag South Carolina regulators have approved a securitization plan that will reduce Hurricane Helene recovery costs for Duke Energy customers, saving over $140 million. flag Starting in January 2026, Duke Energy Carolinas customers will see a $4.58 monthly increase—3.2%—on average bills, still 20% less than traditional recovery. flag Duke Energy Progress customers will pay $11.20 more monthly starting February 1. flag The plan supports grid upgrades, including expanding self-healing technology to over 70% of customers, and includes tax credits and shareholder contributions to offset costs. flag A proposed utility merger could save customers over $1 billion long-term.

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