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NC · electric · E-7 SUB 1329

Duke Energy Carolinas — 2025 general rate case

Active case·Hearing·Settlement pending

Duke Energy CarolinasNorth Carolina Utilities CommissionOfficial docket not linkedUpdated Jul 21, 2026View sources

Bottom line

A proposed settlement is pending Commission approval; it is not an authorized outcome.

Case summary

Duke Energy Carolinas is seeking a two-step electric base-rate increase and performance-based regulation.

Latest development
No completed event

Not scheduled

Next event
Expert witness hearing

Jul 22, 2026

Case stage

Regulatory process

hearing

  1. Filed

    Nov 20, 2025

  2. Testimony

    Not recorded

  3. Hearings

    Jul 22, 2026

  4. Briefing

    Not recorded

  5. Decision

    Not recorded

  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 →

Settlement under review

Economics

Utility request and proposed settlement.

MetricUtility requestProposed settlementLike-for-like difference
Annual revenue increase

$1,002M

Annual utility request

Not available

Settlement value not captured

Rate base

Not specified

Filed utility request. · Nov 20, 2025

Not available

Settlement value not captured

Return on equity

10.95%

Filed utility request. · Nov 20, 2025

9.8%

Proposed settlement pending Commission approval. · Jul 17, 2026

Not compared: scope differ

Common equity ratio

53%

Filed utility request. · Nov 20, 2025

53%

Proposed settlement pending Commission approval. · Jul 17, 2026

Not compared: scope differ

Residential bill impact

23.56

Cumulative representative monthly bill increase across both requested steps. · Nov 20, 2025

Not available

Settlement value not captured

Utility context

Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.

Common equity ratio

authorized · Current approved common-equity ratio in the official Public Staff table. · Dec 15, 2023

53%

Return on equity

authorized · Current authorized return on common equity in the official Public Staff table. · Dec 15, 2023

10.1%

Full docket record

1 event · 0 documents · 3 citations

View record
Last updated
Jul 21, 2026
Docket reviewed
Jul 21, 2026
Economics reviewed
Jul 21, 2026
Official documents
0
Evidence citations
3

Docket history

Material filings, hearings, orders, and effective dates.

  1. Jul 22, 2026

    Expert witness hearing

    official commission · scheduled

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.

Duke Energy North Carolina 2025 rate-case filings

utility rate case release · Nov 20, 2025

Duke Energy Carolinas proposed settlement

utility settlement release · Jul 17, 2026

NCUC rate-case hearing calendar — E-7 SUB 1329

ncuc hearing calendar · Jul 22, 2026

Raw observations

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

MetricStagePartyPeriodValueEvidence
Residential monthly bill impactutility requestDuke Energy Carolinas, LLC23.56
Common equity ratioutility requestDuke Energy Carolinas, LLC53%
Rate baseutility requestDuke Energy Carolinas, LLCNot specified
Annual revenue changeutility requestDuke Energy Carolinas, LLC$1,002M
Return on equityutility requestDuke Energy Carolinas, LLC10.95%
Common equity ratiosettlementDuke Energy Carolinas settlement parties53%
Return on equitysettlementDuke Energy Carolinas settlement parties9.8%