DUK · Earnings call · 2026Q3T · Full report

Rate Case Outcomes

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

Duke reached comprehensive settlements in its Duke Energy Carolinas and Duke Energy Progress North Carolina rate cases, with rates expected to remain below the national average. The company expects commission orders by mid-November and rates to take effect in January 2027. A separate North Carolina settlement on the proposed large-load tariff was reached in early October, with an order expected alongside the rate cases. The North Carolina settlement provides an option to stay out of a rate case in 2029 through generation-plant cost deferrals, while the earnings-sharing mechanism continues to apply.

Key facts

• Duke Energy gave notice of its intent to file its first multiyear rate plan in Indiana later in 2026.
• Duke Energy's North Carolina rate-case settlement allows it to stay out of a rate case in 2029, contingent on deferral for generation facilities coming online; the earnings-sharing mechanism will continue to apply.
• Duke Energy expects orders in its DEC and DEP rate cases by mid-November, with rates effective in January 2027.