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Updated: March 2026

Electric Utility

Duke Energy Carolinas

Commercial rate guide for DEC โ€” Central and western North Carolina (Charlotte, Greensboro, Asheville) and upstate South Carolina (Greenville, Spartanburg). Serves approximately 2.7 million customers.

NCSC

Rate Overview

$0.11per kWh
Electric
Not Available

Rate Structure

General service rate (Schedule G) for small commercial. Optional time-of-use rate (Schedule OPT-G). Large general service (Schedule LGS) with demand charges for accounts above 30 kW. Fuel cost adjustment applied monthly.

Recent Rate Changes

Rising

4.9% base rate increase in North Carolina effective January 2026; 5.1% increase

4.9% base rate increase in North Carolina effective January 2026; 5.1% increase in South Carolina effective February 2026

Common Billing Issues

Property managers with DEC accounts frequently encounter these billing challenges:

Fuel cost adjustment charges fluctuating seasonally

Different rate structures between NC and SC service areas

Demand charges on Schedule LGS accounts during summer peaks

Grid improvement rider charges increasing quarterly

Deregulation & Supply Choice

Regulated Market

The utility is the sole provider in this service territory.

โœ—No competitive supply choice

Both North Carolina and South Carolina are fully regulated states. Duke Energy Carolinas operates as a vertically integrated utility.

Pending Rate Filings

๐Ÿ“‹

Carbon plan implementation cost recovery filing pending before North Carolina Utilities Commission

Cities Served

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Other Utility Providers

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