COLUMBIA, S.C. – Dominion Energy announced Monday that it had filed to increase electric rates for its South Carolina customers.
The company, which is regulated by the Public Service Commission of South Carolina, made the initial decision to increase its rates in December 2025 and officially filed with the commission on Jan. 2.
Dominion is requesting a $322 million increase in funds, as South Carolina’s energy usage is projected to rise 25% by 2044. This raise is in addition to the $1.4 billion that has already been invested in the company’s energy system since 2023.
The company said if the increase is approved, residential customers could expect their energy bills to rise by 12.7%. Commercial and industrial users will see their monthly bills increase by 5.9% and 14.9%, respectively.
According to the company’s website, money from the increase in rates would primarily go to the following:
Improving and expanding the current electric transmission systemExpanding and improving the distribution systemUpgrading, improving and adding environmental controls for almost 60 electric generation unitsContinuing the response to damages from Hurricane HeleneMore improvements to other technology, systems and equipment
Changes to electric bills would begin in July if the plan is approved. The commission is expected to hold public hearings throughout spring 2026, according to Dominion.
More information about the potential increase, visit www.dominionenergy.com/scratereview.
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