GUC customers could see 4% rate reduction

GREENVILLE, N.C. (WNCT) – Greenville Utilities Commission customers could see a four percent electric rate reduction.

GUC will consider reducing customer rates by four percent after Duke Energy announced it will not raise its wholesale rates.

Greenville Utilities buys electricity wholesale from Duke Energy.

GUC’s Steve Hawley said customers could save up to $56 a year.

“Greenville Utilities always tries to provide these utilities at as low a cost as possible,” Hawley said. “This continues on with that goal of providing those reliable services, those life-sustaining services, for a low price.”

If GUC’s board approves the change, the new rates would take effect on July 1, 2016.

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