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NC · gas · G-5 SUB 686

Enbridge Gas North Carolina — 2025 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 Enbridge Gas North Carolina's general rate case.

Latest development
Final order entered

Dec 9, 2025

Next event
No scheduled event

Not scheduled

Case stage

Regulatory process

order entered

  1. Filed

    Apr 1, 2025

  2. Testimony

    Not recorded

  3. Hearings

    Not recorded

  4. Briefing

    Not recorded

  5. Decision

    Dec 9, 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 gas utility files a general-rate application when it seeks to reset base rates; gas-cost reviews occur separately.

Rate period: Case-specific

Governing rule ↗

Between full reviews

Annual gas-cost review

Annual review

Natural-gas commodity costs are reviewed and reconciled separately from base rates.

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

$33M

Approximate annual base-rate increase under the approved settlement. · Dec 9, 2025

Rate base

Not available

Not captured in current case sources

Not available

The controlling materials establish the approved revenue increase but do not support this value without further order-level review. · Dec 9, 2025

Return on equity

Not available

Not captured in current case sources

Not available

The controlling materials establish the approved revenue increase but do not support this value without further order-level review. · Dec 9, 2025

Common equity ratio

Not available

Not captured in current case sources

Not available

The controlling materials establish the approved revenue increase but do not support this value without further order-level review. · Dec 9, 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 · 2 citations

View record
Last updated
Jul 21, 2026
Docket reviewed
Jul 21, 2026
Economics reviewed
Jul 21, 2026
Official documents
0
Evidence citations
2

Docket history

Material filings, hearings, orders, and effective dates.

  1. Dec 9, 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.

Enbridge Gas North Carolina G-5 Sub 686 final order

final order · Dec 9, 2025

Enbridge Inc. 2025 Form 10-K

company guidance · Feb 13, 2026

Raw observations

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

MetricStagePartyPeriodValueEvidence
Annual revenue changeauthorizedNorth Carolina Utilities Commission$33M
Common equity ratioauthorizedNorth Carolina Utilities CommissionNot available
Rate baseauthorizedNorth Carolina Utilities CommissionNot available
Return on equityauthorizedNorth Carolina Utilities CommissionNot available