DUK · Earnings call · 2026Q3T · Full report

Large Load Tariff Proceeding

Duke Energy CORP · 2026-11-04 · Importance 50 · Surprise 42

Duke reached a settlement in early October with North Carolina Public Staff and several large customers on its proposed large-load tariff, and expects the commission to issue an order alongside the rate cases. The tariff and existing electric service agreements include long-term contracts, minimum demand charges, early termination penalties, interruptibility, credit support and capital advances intended to protect existing customers. In Florida, after receiving commission feedback in November 2026, Duke said it was adjusting and would refile its tariff while continuing customer discussions and planning investments; management reported no slowdown in that process.

Key facts

• Duke Energy reached a settlement with Public Staff and several large customers on its proposed large-load tariff in early October.
• Duke Energy's large-load tariff provisions include long-term contracts with minimum demand charges, early termination penalties, interruptibility, credit support, and capital advances.
• Duke Energy is adjusting and plans to refile its Florida large-load tariff after commission feedback, while continuing customer discussions and project advancement without slowing down.
• Duke Energy expects the commission to issue an order on the large-load tariff along with the rate cases.