|
|
|
|
Duke Ohio Residential Electric Price To Compare Increasing 30%; Small Commercial Rate DM Increasing 22%
The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com
Duke Energy Ohio has updated its electric Standard Service Offer retail energy (RE) and retail capacity (RC) riders for the period June 1, 2025 through May 31, 2026
Duke's electric Price to Compare includes Riders RE and RC, as well as AER (alternative energy compliance) and SCR (SSO auction supplier cost reconciliation).
The updated Riders RE and RC include summer and winter rates for the June 1, 2025 through May 31, 2026 period. Additionally, most classes (including residential for the winter period) have declining block rates. The Price to Compare used by PUCO addresses the first block (1,000 kWh for residential customers). The summer residential RE and RC rates have block rates, but the rate is identical for each block
The residential electric PTC at Duke Energy Ohio will be $0.104450 per kWh effective June 1, 2025, up 30% from the current $0.080174 per kWh (note that the PUCO-listed PTC rounds to the fourth decimal).
Bypassable Riders AER and SCR typically change during the summer period, and thus the PTC may change slightly during the summer period versus the June 1 PTC
The summer period for RE and RC lasts through Sept. 30, 2025.
For Rate DM, Secondary Distribution Service, Small, for the first block of usage (First 2800 kWh), the sum of Riders RE, RC, AER and SCR on June 1, 2025 will be $0.109549 per kWh, up 22% from the current $0.089594 per kWh
Copyright 2025 EnergyChoiceMatters.com. Unauthorized copying, retransmission, or republication
prohibited. You are not permitted to copy any work or text of EnergyChoiceMatters.com without the separate and express written consent of EnergyChoiceMatters.com
May 1, 2025
Email This Story
Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
|
|
|
|