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Dominion's July 2026 rate increase

July 28, 2026 · Vinh, NRG Sense

On July 1, 2026, Dominion Energy South Carolina raised residential electricity rates 7.62% — about $12 more a month for a typical home. It applies whether you're on standard Rate 8 or time-of-use Rate 7. Here's the straight read, with the numbers from Dominion.

What went up

The approved increase is 7.62%, effective July 1, 2026. For a home using 1,000 kWh a month, that's a jump from about $159 to about $171just under $12 more per month, per Dominion's own rate-review page. Dominion originally asked for roughly 12.7%; a settlement filed in May 2026 brought it down to 7.62%.

This is a base-rate increase, so it isn't limited to any one plan — it lifts both standard Rate 8 and time-of-use Rate 7 service. (Separately, the same month's order also reshaped the time-of-use windows — weekends are now on-peak, plus a new winter midday super-off-peak period. That's a different change, and I break it down in Dominion's July 2026 time-of-use changes.) You can pull up every current schedule on Dominion's rates and tariffs page.

Why it went up

This is the outcome of a general rate case. A regulated utility like Dominion recovers what it spends on the grid — poles, wires, substations, storm hardening — plus an authorized return for its shareholders, and it collects that through the rates you pay. Regional electricity demand is also climbing, which adds long-term upward pressure on what everyone pays to keep the system built out.

Worth being precise: a single rate case is about Dominion's own costs and approved return — not a line-item "someone else's bill landing on yours." But the broader trend — more demand, more buildout, higher rates — is real, and it's been pushing the same direction for years. That same demand pressure is behind a much bigger move: Dominion has agreed to be acquired by NextEra — what that could mean for SC customers.

What a permanently higher bill means for you

Base-rate increases don't come back down. Once it's in, it's the new floor, and the next case starts from there. That's the part worth sitting with: this isn't a one-month blip, it's a step up that compounds with every future increase.

There are really only two levers a homeowner controls:

  1. When you buy power. On a time-of-use plan, shifting your usage out of the expensive on-peak window is where the savings live — and a battery does that automatically, every day. Whether it pays off depends entirely on your bill: see is a home battery worth it on Dominion Rate 7 and how a battery actually lowers your bill.
  2. How much you buy. Generating your own power with solar cuts what you pull from the grid in the first place — though the math there is its own topic.

Neither is automatically worth it, and rising rates alone don't make a battery pay for itself. What they do is tilt the math a little further with each increase.

Run your own number

Averages don't pay your bill — yours does. The analyzer runs your actual Dominion bill at the current rates and shows what a battery does for your home: backup time, the savings on a rate switch, and a real system with pricing — at today's numbers, with no federal tax credit for a 2026 purchase.

The bottom line

Rates went up 7.6% in July 2026, it hit every residential customer, and base-rate increases are permanent. You can't vote the rate back down — but you can control when and how much power you buy. That's the whole reason time-of-use plus a battery is worth running the math on.


Rate figures are from Dominion Energy South Carolina as of July 2026 and reflect the approved settlement. Rates change — confirm the current figures on your bill or Dominion's site.

Frequently asked questions

How much did Dominion raise rates in July 2026?
About 7.6%. Dominion Energy South Carolina's approved increase is 7.62%, effective July 1, 2026 — roughly $12 more per month for a typical home using 1,000 kWh (about $159 to $171). Dominion originally requested about 12.7%; a settlement brought it down to 7.62%.
Does the increase apply to everyone, or just time-of-use customers?
Everyone. It's a base-rate increase under PSC Order 2026-374, so it applies to standard Rate 8 residential service and time-of-use Rate 7 alike.
Why did Dominion raise rates?
It's the outcome of a general rate case. Regulated utilities recover the cost of grid investment plus an authorized return for shareholders through the rates you pay, and rising regional demand adds long-term pressure. The case was settled in May 2026 and took effect July 1.
Will Dominion rates keep going up?
No one can promise either way, but the direction has been up — this follows another increase in 2024. Planning around today's rate, not a hoped-for lower one, is the safer bet.

See your own numbers

Run your Dominion bill and see your own numbers.

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