Duke Energy Carolinas, LLC 8K

Duke Energy Carolinas reached comprehensive settlements in its 2025 North Carolina rate case that cut its requested two-year retail revenue increase to $496 million and set key rate, capital, and customer assistance terms, subject to regulatory approval.

Duke Energy Carolinas, LLC filed updates on its 2025 North Carolina rate case, outlining a series of stipulations and settlements with the Public Staff of the North Carolina Utilities Commission and other intervening parties that reduce its originally requested retail revenue increase from about $1,002 million (15.0%) over two years to $496 million, supported by a comprehensive settlement that includes an agreed 9.8% return on equity and 53% equity ratio, a roughly $25.7 billion North Carolina retail rate base, a $3.8 billion MYRP capital plan with an annual refund mechanism, detailed resolutions of accounting, plant and storm cost issues, a $10 million shareholder-funded customer assistance commitment, and an agreement to potentially delay the next base rate case to no earlier than November 1, 2028, all subject to approval by the North Carolina Utilities Commission with new rates requested to be effective by January 1, 2027 and anticipated one-time pre-tax charges of approximately $40 million in 2026 treated as special items.

Filing Facts

CIK

30371

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-084653

Alert Tier

7