Santee Cooper residential customers’ electric bills could increase by an average of $11 a month under new rate structures, according to the public power utility. The new structures were approved in December after months of public input and mark the first change in Santee Cooper rates since 2017.
The new pricing models, set to go into effect on April 1, will introduce peak hours, which most residential customers’ plans don’t currently include.
““Inflation has gone up … and we haven’t raised rates since 2017, so we have to be able to cover our own expenses, which includes wires and poles and all of those things that bring power to homes,” said Santee Cooper public relations specialist Tracy Vreeland…