Dominion Energy settles on nearly 8% electricity rate hike in SC

By: Jessica Holdman

Outlets: South Carolina Daily Gazette

Published: May 11, 2026

Words: 604

Last Updated: 2 months, 2 weeks ago

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COLUMBIA — South Carolina customers of Dominion Energy could see a 7.6% hike in their monthly electric rates — but it’s less than the 12.7% the utility was initially seeking.

Utility watchdogs and environmental groups reached a settlement Friday with the Virginia-headquartered company that, if approved by state utility regulators, would tack an estimated $12 on to residential customers’ monthly bills. That’s down from $20 proposed in January.

That would take average bills from …

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