Duke Energy Carolinas customers will see savings on their electric bills this month due to a decrease in the annual fuel charge.
The new fuel charge results in an electric rate decrease for residential customers of 0.9 percent – about $1.06 per month for those using 1,000 kilowatt-hours (kWh) a month.
General service customers will see a decrease of 2.4 percent, lighting customers 1.4 percent, and industrial customers 3.5 percent.
Reasons for the overall rate decrease include lower projected coal and natural gas prices and a $19-million decrease in the period true-up of fuel costs from the prior year’s projection
These deductions were partially offset by higher projected nuclear fuel prices and higher sales.