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South Carolina approved a plan reducing Hurricane Helene recovery costs for Duke Energy customers, saving over $140 million.
South Carolina regulators have approved a securitization plan that will reduce Hurricane Helene recovery costs for Duke Energy customers, saving over $140 million.
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.
Duke Energy Progress customers will pay $11.20 more monthly starting February 1.
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.
A proposed utility merger could save customers over $1 billion long-term.
Carolina del Sur aprobó un plan para reducir los costos de recuperación del huracán Helene para los clientes de Duke Energy, ahorrando más de 140 millones de dólares.