Dominion Energy proposes 14.21% rate hike in SC, sparking concern [Video]

COLUMBIA, S.C. — Dominion Energy customers could see an increase in their electric bill. The energy company is requesting a 14.21% rate hike from regulators at the Public Service Commission. 

“We want to be able to stay here,” Kelly Tabor said. Tabor owns Good for the Sole, a local shoe store in Five Points. He says higher energy rates could negatively impact small businesses. 

“It does dig into our profits, which our profit margin is very slim, compared to a lot of other industries, especially in retail, because we don’t get the markup that we used to. You also have to take into account we have to pay our rent out of that. We have to pay for our employees, taxes, self sales taxes,” he said. 

Dominion Energy South Carolina filed an application with the state’s public service commission in March to increase its rates by approximately 14.21%. …