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NC · electric · E-22 SUB 694

Dominion Energy North Carolina — 2024 general rate case

Closed case·Order entered·Authorized

Bottom line

The final order controls current base-rate economics; later riders and reconciliations remain separate proceedings.

Case summary

The NCUC issued a final order in Dominion Energy North Carolina's general rate case.

Latest development
Final order entered

Jan 14, 2025

Next event
No scheduled event

Not scheduled

Case stage

Regulatory process

order entered

  1. Filed

    Mar 1, 2024

  2. Testimony

    Not recorded

  3. Hearings

    Not recorded

  4. Briefing

    Not recorded

  5. Decision

    Jan 14, 2025

  6. Rates effective

    Not recorded

State rules

Base-rate reviews and adjustment mechanisms in North Carolina

This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.

Full base-rate review

No fixed recurring interval

A utility initiates a base-rate case; Duke may request a multi-year performance-based rate plan.

Rate period: Case-specific base period and forecast support

Governing rule ↗

Between full reviews

Fuel and fuel-related charge adjustment

Periodic Commission review

Fuel and purchased-power costs are reviewed outside full base-rate cases.

Governing source ↗

DSM and energy-efficiency rider

Periodic Commission review

Demand-side management and efficiency program costs can change through a separate rider.

Governing source ↗
View the full North Carolina regulatory framework →

Commission decision

Economics

Utility request and Commission-authorized outcome.

MetricUtility requestAuthorized outcomeLike-for-like difference
Annual revenue increase

Not available

Not captured in current case sources

$36.83M

Base nonfuel revenue increase approved in E-22 Sub 694. · Jan 14, 2025

Rate base

Not available

Not captured in current case sources

Not specified

The final order does not state one consolidated authorized rate-base total. · Jan 14, 2025

Return on equity

Not available

Not captured in current case sources

9.95%

Current authorized return on common equity from E-22 Sub 694. · Jan 14, 2025

Common equity ratio

Not available

Not captured in current case sources

52.5%

Current authorized ratemaking common-equity ratio from E-22 Sub 694. · Jan 14, 2025

Residential bill impact

Not available

Not captured in current case sources

Not available

Authorized value not captured

Full docket record

1 event · 0 documents · 1 citation

View record
Last updated
Jul 21, 2026
Docket reviewed
Jul 21, 2026
Economics reviewed
Jul 21, 2026
Official documents
0
Evidence citations
1

Docket history

Material filings, hearings, orders, and effective dates.

  1. Jan 14, 2025

    Final order entered

    official commission · completed

Documents

Docket and evidence documents linked to this proceeding.

No documents are linked to this proceeding.

Citations

Field-level excerpts and review metadata supporting material facts.

Dominion Energy North Carolina E-22 Sub 694 final order

final order · Jan 14, 2025

Raw observations

Stage-preserving economics and party positions as published in the canonical record.

MetricStagePartyPeriodValueEvidence
Common equity ratioauthorizedNorth Carolina Utilities Commission52.5%
Annual revenue changeauthorizedNorth Carolina Utilities Commission$36.83M
Return on equityauthorizedNorth Carolina Utilities Commission9.95%
Rate baseauthorizedNorth Carolina Utilities CommissionNot specified