Duke Energy Carolinas and Duke Energy Progress filed rate cases in North Carolina seeking revenue increases and regulatory approval for various mechanisms.
The filings include requests for Performance Based Regulation (PBR) mechanisms, Multi-Year Rate Plans (MYRP), residential decoupling, and more.
If approved, the filings anticipate an overall net retail revenue increase, with details provided for each subsidiary.
Revenue Increase Request
Seeking approval for rate increases to cover investments and operating costs, including projected capital projects.
Performance Based Regulation
Introducing PBR mechanisms, MYRP plans, and incentives to align regulatory goals with performance outcomes.
Impact on Retail Revenues
Detailed breakdown of revenue impacts for Duke Energy Carolinas and Duke Energy Progress, reflecting historical bases and proposed changes.
- The filings outline the drivers behind the rate increase, including major capital investments, changes in depreciation rates, and compliance costs.
- Key areas such as ROE, capital structure, coal ash compliance, and storm reserves are highlighted as factors driving the rate case filings.
The rate case filings by Duke Energy signal a strategic approach to balancing revenue needs with operational requirements, reflecting the evolving energy landscape in North Carolina.