Our Rates
Examples of typical industry rates:
- Duke Energy CarolinasDuke Energy Carolinas Rate “I” The standard industrial rate; modified Wright Hopkinson rate algorithm; kWh cost varies with load factor. Usually used when load factors are less than 60 percent. Demand costs are fixed.
Rate “OPT” Time-of-day rate; cost varies according to time of day; provides cost savings for customers that have high load factors or those that can adjust load to off-peak times. Multiple variations available depending on the application, e.g., commercial, industrial, high load factor, etc.
Rate “HP” Hourly pricing rate; approximates market-based pricing. Provides cost savings if a customer can cut load on short notice; carries some risk if market prices soar. - Duke Energy ProgressDuke Energy Progress Large General Service Rate (LGS) Standard industrial rate, with fixed kWh charges and KW charges.
Time-of-use Rate (LGS-TOU) Time-of-use rate structure; kW and kWh pricing varies with the time of day and season of the year; typically applicable for customers with load factors above 80 percent.
Real-time Pricing Rate (LGS-TOU-RTP) Real-time pricing that approximates market-based pricing, with rates varying by the hour; customers who can respond to pricing signals can achieve significant savings by reducing load when high-cost time periods occur. - Duke Energy FloridaDuke Energy Florida Firm Rates • General Service Demand (GSD): Typically the best rate for firm customers with a load factor below 50 percent.
• General Service Demand Time-of-use (GSDT-1): Typically the best rate for firm customers with a load factor above 50 percent.
• General Service Load Management Rate (GSLM): Firm customers with generators will receive a credit for using their generators at designated times.
Non-firm Rates • Curtailable and Interruptible (CS, CST-2, IS, IST-2, etc.)
• The CST-2 and IST-2 rates are examples of our non-firm rates. These rates allow Duke Energy to curtail or interrupt service when Duke Energy’s available generating resources are at capacity and non-firm customers are called upon to reduce load. The CST-2 is a voluntary action whereby the customer may opt not to curtail if needed. However, a penalty would be assessed for not curtailing. The IST-2 is an interruption handled at the meter. The customer would have to determine the cost to be without power and whether the savings covers the limited interruptions. - Duke Energy KentuckyDuke Energy Kentucky • Rate DS (Distribution Secondary)
• Rate DT (Distribution Time-of-day)
• Rate TT (Transmission Time-of-day)
• Rate RTP (Real-time Pricing) - Duke Energy OhioDuke Energy Ohio • Ohio is a deregulated state. Users have the option of choosing an alternative electric generation supplier. Duke Energy will still deliver the electricity, maintain the distribution system and provide the billing.
• Rate DS (Distribution Secondary)
• Rate DP (Distribution Primary)
• Rate DT (Distribution Time-of-day)
• Rate TS (Transmission Time-of-day)
• Rate RTP (Real-Time Pricing) - Duke Energy IndianaDuke Energy Indiana Duke Energy Indiana has nine (9) standard industrial tariffs that are tailored to the needs of our customers. High Load Factor (HLF) Service and Low Load Factor (LLF) Service tariffs are further delineated by the nominal delivery voltage to the customer (i.e., Secondary, Primary, Transmission). Duke Energy will work with customers to ensure they are on the most appropriate tariff for their needs.