NOTICE OF FILING AND PUBLIC HEARING: Duke Energy Progress, LLC’s Petition for Review and Approval of Storm Recovery Principal Costs and an Accounting Order Pursuant to S.C. Code Ann. § 58-27-1110-Docket No. 2022-256-E

NOTICE OF FILING AND PUBLIC HEARING
Duke Energy Progress, LLC’s Petition for Review and Approval of Storm Recovery Principal Costs
and an Accounting Order Pursuant to S.C. Code Ann. § 58-27-1110
Docket No. 2022-256-E
Why is this Notice Important?
 The Public Service Commission (Commission) has scheduled a public hearing in this case and will
decide whether certain storm recovery costs or expenses Duke Energy Progress, LLC has paid are
prudent.
 The Public Service Commission’s decision in this case could result in Duke Energy Progress, LLC
requiring its customers to pay a storm recovery charge as a separate line item on customers’ bills.
 Act 227 of 2022 allows electric utility companies like Duke Energy Progress, LLC to request the Public
Service Commission review and approve an electrical utility’s storm recovery principal costs.
 Duke Energy Progress, LLC filed a Petition with the Commission which requests the Commission review
and approve the Company’s storm recovery costs for the following storms:
– Pax, Ulysses, Matthew, Florence, Michael, Dorian, Izzy, and Jasper, also called “the Storms.”
 Duke Energy Progress, LLC is asking the Commission to issue an Order which states the Company’s
principal costs it paid for the Storms of approximately $223 million are prudent and eligible to be recovered
from customers as storm recovery costs.
What Can Happen if and after the Public Service Commission Issues an Order Which States Duke Energy
Progress, LLC’s $223 Million Storm Costs are Prudent?
 Depending on the ruling of the Commission regarding the eligibility for recovery of storm expenses in this
case, in a later proceeding Duke Energy Progress, LLC can request the Commission issue a Financing
Order which could authorize Duke Energy Progress, LLC to collect the $223 million of storm recovery
charges on each customer’s bill as a separate line item. The separate line item on each customer’s bill must
also include both the rate and the amount of the storm recovery charge on each bill.
 The case was filed according to S.C. Code Ann. Sections 58-27-1110(B), 58-3-140, 58-27-140, 58-27-
1540, S.C. Code Ann. Regs. 103-825 and other applicable rules and regulations of the Commission; and,
this hearing has been scheduled according to Commission Order No. 2022-593 and S.C. Code Ann. Regs. 103-817.
 Duke Energy Progress, LLC also requests the Commission issue an accounting order authorizing the Company to
defer certain costs in a regulatory asset account experienced in connection with Storms Izzy and Jasper.
For the Company’s complete proposal visit: https://dms.psc.sc.gov/Attachments/Matter/e33f02f8-7661-4adc-
96e4-8bdfd8572274 For the entire Case visit: https://dms.psc.sc.gov/Web/Dockets/Detail/118291
Who Can I Talk to About This Notice?
Duke Energy Progress, LLC 803-988-7132
Office of Regulatory Staff 803-737-5230 or 1-800-922-1531
Department of Consumer Affairs 803-734-4200 or 1-800-922-1594
Public Service Commission 803-896-5100

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