Kerr-Philpott Power Rates Approved: Lights Stay On, Wallets Unaffected
Published Date: 9/16/2025
Notice
Summary
The Southeastern Power Administration just gave a thumbs-up to new electricity rates for customers in North Carolina and Virginia, but only for now. These rates will stay in place until September 30, 2030, while the big energy bosses at FERC take a closer look. If you buy power from the Kerr-Philpott system, expect these updated prices to keep things running smoothly for years!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Interim power rates for NC and VA
If you buy Southeastern power from the Kerr-Philpott system as an existing preference customer in North Carolina or Virginia, the Administrator approved the listed rate schedules (VA-1-E, VA-2-E, VA-3-E, VA-4-E, DEP-1-E, DEP-2-E, DEP-3-E, DEP-4-E, AP-1-E, AP-2-E, AP-3-E, AP-4-E, NC-1-E, and Replacement-2-D) on an interim basis through September 30, 2030. These interim rates are subject to final confirmation and approval by the Federal Energy Regulatory Commission (FERC).
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