DUK · 8-K · 20260804PR000037
Regulatory Settlements
Duke Energy CORP · 2026-08-04 · Importance 40 · Surprise 42 · No source text
Duke Energy recorded $248 million pretax in the first six months of 2026 for legal and regulatory settlements, including settlements related to Duke Energy Carolinas’ North Carolina rate case and a regulatory liability tied to an energy-efficiency program. The settlements reduced six-month 2026 adjusted EPS by $0.24 and included a $59 million tax benefit. In the second quarter, the North Carolina rate-case settlements generated a $51 million pretax charge, or $39 million after tax, reducing reported EPS by $0.05.
Key facts
- Regulatory liabilities at June 30, 2026 (total current): $1,422 million and other noncurrent regulatory liabilities: $15,359 million source
- Regulatory settlements pretax recorded within Impairment of assets and other charges: $51 million for Duke Energy Carolinas and Duke Energy Progress (second quarter 2026) source
- Total EPS adjustment for second quarter 2026: $0.05 related to regulatory settlements (after-tax amount $39 million) source
- Regulatory assets (current) at June 30, 2026: $2,645 million (includes $205 related to VIEs) source
- Segment income for the regulatory settlements matter is net of a $12 million tax benefit source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | — | Regulatory liabilities at June 30, 2026 (total current): $1,422 million and other noncurrent regulatory liabilities: $15,359 million |
| liability | negative | realized | — | Regulatory liabilities at June 30, 2026 (total current): $1,422 million and other noncurrent regulatory liabilities: $15,359 million |