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Fuel costs likely to drive up South Carolina electric bills
The Associated Press ^
| November 28, 2021
Posted on 11/28/2021 10:15:42 AM PST by Oldeconomybuyer
CHARLESTON, S.C. (AP) — Electric bills are likely to increase next year for South Carolina customers served by Dominion Energy or two units of Duke Energy.
The Post and Courier of Charleston reports the increases are likely to come after state regulators review how much the power companies have spent on coal and natural gas in 2021. South Carolina power providers estimate fuel costs annually, and then settle up differences between the estimate and what they actually paid. Fuel costs are passed through to customers on a dollar-for-dollar basis.
If utilities collect too much, they issue refunds, but if they have collected too little, rates go up. This year, utilities have probably billed customers too little for fuel.
The economic recovery from the COVID-19 pandemic has driven up demand for natural gas and prices have nearly doubled from March to November, rising to about $5.50 per million British thermal units — the standard industry measurement.
Coal prices also are surging.
(Excerpt) Read more at apnews.com ...
TOPICS: Business/Economy; Culture/Society; News/Current Events; US: South Carolina
KEYWORDS: apepee; brandon; brandonmedia; energy; fuel; inflation; letsgobrandon; letsgoclyburn; letsgojimmy; letsgojimmyclyburn; thankyouclyburn; thankyoujimmy; thebrandonmedia
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Let’s Go Brandon!
To: Oldeconomybuyer
2
posted on
11/28/2021 10:19:02 AM PST
by
tennmountainman
( Less Lindell CONS, More AZ Style Audits)
To: Oldeconomybuyer
The economic recovery from the COVID-19 pandemic has driven up demand for natural gas
So, it has nothing to do with the cut in supply and exploration? Who really believes these people anymore?
3
posted on
11/28/2021 10:22:04 AM PST
by
JoSixChip
(2020: The year of unreported truths. )
To: All
.
SC Reps have supported Biden’s agenda.
Lindsey Graham got the AG plus all Biden’s Judges through.
Biden is the guy they protected for four years.
.
To: Oldeconomybuyer
“Likely”? Yeah, just maybe. Pray for a warm winter dude.
5
posted on
11/28/2021 10:25:29 AM PST
by
rdcbn1
To: JoSixChip
And it has nothing to do with government sending the money supply to the stratosphere, either.
Their standard reason is “You stupid rubes are just using too much energy after the worst of the pandemic and that’s why prices are going up.”
It absolutely fails to make any economic sense.
6
posted on
11/28/2021 10:58:30 AM PST
by
ProtectOurFreedom
(“…in any great disaster, there's a Harvard man in the middle of it.” ~ Thomas Sowell)
To: AnthonySoprano
I do NOT trust L. Graham any more.
7
posted on
11/28/2021 12:34:01 PM PST
by
Karoo
To: Karoo
To: Oldeconomybuyer
Send a Big Ole thank you to Jimmy Clyburn, South Carolina schmucks.
9
posted on
11/28/2021 12:47:28 PM PST
by
kiryandil
(China Joe and Paycheck Hunter - the Chink in America's defenses)
To: Oldeconomybuyer; 07Jack; 2A Patriot; 2nd amendment mama; 4everontheRight; 77Jimmy; ...
South Carolina Ping 
If you'd like to be on or off the South Carolina ping list, just click Private Reply below and drop me a FReepmail.
LGB FJB
10
posted on
11/28/2021 1:35:19 PM PST
by
upchuck
(The longer I remain unjabbed with the clot-shot, the more evidence I see supporting my decision.)
To: Oldeconomybuyer
This article is very confusing. It is dated "Today" but contains this paragraph:
Customers in the Pee Dee region served by Duke Energy Progress could see the adjustments appear on their July bills, after an April meeting with regulators. The commission will review fuel costs for Duke Energy Carolinas in July.
Are they talking about
next April and July?
11
posted on
11/28/2021 1:48:05 PM PST
by
upchuck
(The longer I remain unjabbed with the clot-shot, the more evidence I see supporting my decision.)
To: Oldeconomybuyer
This is good for 2 reasons
Americans need to realize that stolen elections have consequences
We have positions in Duke energy
To: AnthonySoprano
How could gram stop the judges?
13
posted on
11/28/2021 2:38:04 PM PST
by
BobL
(I shop at Walmart and eat at McDonald's, I just don't tell anyone, like most here.)
To: BobL
To: AnthonySoprano
I get that... Please answer my question.
15
posted on
11/28/2021 3:15:50 PM PST
by
BobL
(I shop at Walmart and eat at McDonald's, I just don't tell anyone, like most here.)
To: BobL
.
The Republicans shouldn’t have voted to Confirm the Judges.
Confirmation.
.
To: BobL
.
Biden Judges
No president in 40 years has come close to this number of judges confirmed in his first term.
.
To: BobL
To: All
Then Quickly.,,
What sense does it make to Vote for someone, urge others to support him, and then jump on the bandwagon saying his actions are disastrous?
To: BobL
Bob,
This is what I get off the Internet.
Nominees must make it out of this Committee before the entire Senate can Confirm them. If they are blocked in Committee, it’s over.
So it looks to me like Republicans can block everything, if they were so inclined.
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