Anderson County Settles Tax Break for Duke Energy Gas-Fired Plant

In March, South Carolina regulators approved Duke Energy’s proposal to build a 1.4-gigawatt (GW) natural gas-fired power plant in Anderson County, marking the utility’s first new generation project in the state in a decade (see SC PSC Approves Duke Energy 1.4-GW Gas-Fired Plant in Anderson Co.). Scheduled for construction in 2027 and operational by 2031, the facility aims to address surging energy demands driven by population growth and economic expansion, though critics (falsely) attribute the need primarily to AI-driven data centers. Anderson County Council voted in December to give the Duke project a tax break to ensure it is built in their county rather than elsewhere (see Anderson County, SC Offers Duke Energy Tax Break for Gas-Fired Plant). The Council voted to offer a "fee-in-lieu of taxes" agreement (FILOT, sometimes called a PILOT, or payment-in-lieu of taxes), although specifics were not determined at the time.

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