DUK · News · 20260921N

Large Load Tariff Proceeding

Duke Energy CORP · 2026-09-21 · Importance 65 · Surprise 60 · In source text

The North Carolina Utilities Commission denied Duke Energy’s request to build a $584 million gas turbine at the Smith Complex. Commissioners questioned whether the plant was necessary to serve data centers and how its costs would be allocated to customers. The decision indicates Duke may need to provide more detailed alternatives analysis and cost-sharing arrangements, including compliance with its Ratepayer Protection Pledge.

Key facts

• Duke Energy is doubling its financial assistance for energy bills in Indiana this year through its Share the Light Fund and a new Summer Energy Credit program, making $900,000 available from shareholders. source
• The initiative helps qualifying residents receive up to $250 annually for utility expenses. source
• Since 2022, the Share the Light Fund has provided over $2.8 million to more than 9,700 Indiana households. source

Impact estimates