Duke Energy proposes new investments in North Carolina to boost reliability and support economic growth across the state
United States, Nov. 20 -- Duke Energy filed requests with the North Carolina Utilities Commission (NCUC) for revised rates at Duke Energy Carolinas and Duke Energy Progress, its two utilities in the state.By the numbers: The company's filing with the NCUC requests an annual revenue increase of $1 billion for Duke Energy Carolinas ($727 million in 2027, $275 million in 2028), which represents a 15% increase over current revenues, and $729 million for Duke Energy Progress ($528 million in 2027, $200 million in 2028), a 15.1% increase over current revenues. The company's requests are based on a 10.95% return on equity and 53% equity capital structure and are subject to NCUC approval.If approved, monthly electric bills for typical Duke Energy C...
To read the full article or to get the complete feed from this publication, please
Contact Us.