INCENTIVE ELECTRIC RIDER
As a customer owned electric system, our goal is to provide power at the lowest cost consistent with superior reliability.
The South Carolina Power Team currently offers an economic development incentive electric rider called EDR-13. The rider, depending on load factor, will save a participating industry an average of 10.7% to 12.6% off the total annual electric bill for five years of operation. Savings up to 20% can accrue in the first year, when the demand discount is 55%. To receive the discount, companies must be under contract to locate or expand in the Power Team's service area before December 31, 2015 and meet certain capital investment or job creation requirements.
Industries wishing to locate or expand in South Carolina are highly encouraged to fill in the below as a first step towards determining eligibility for EDR-13.
As an alternative to online submission, interested parties may telephone Mr. Fred Gassaway at the South Carolina Power Team at (803) 254-9211 for a confidential discussion.
AVERAGE RETAIL PRICE - INDUSTRIAL ELECTRICITY - UNITED STATES