The blog UnConflicted recently rehashed an article from the Associated Press detailing how in the 1990s, New York deregulated the energy market, which promised customers lower rates. In all actuality, however, it caused many people in low-income neighborhoods and small commercial customers to pay more for their utilities than they would have if they had stayed with a big-name energy provider.
South Carolina’s energy market is currently regulated, and according to UnConflicted, “means that power companies have monopolies, but it also means that consumers get
to influence how our PSC rules on proposed rate increase requests.” Currently, South Carolina Electric and Gas is proposing a 6.61 percent overall electric rate hike. UnConflicted is calling South Carolina to get educated on these rate hikes and voice your opinion at one of the three public hearings set in November, all of which start at 6 p.m.
- Wednesday, October 24: Aiken Technical College, Amphitheater (Room 701), 226 Jefferson David Highway, Graniteville, SC
- Monday, November 5: International Longshoremen’s Association Local 1422, 1142 Morrison Drive, Charleston, SC
- Tuesday, November 27: Public Service Commission of South Carolina, 101 Executive Center Drive, Columbia, SC
Keep checking back to UnConflicted’s blog, as they will be posting more updates and thoughts about the rate hike as the hearings inch close: http://www.unconflictedsc.com