[ Duke Energy Carolinas / NC · E-7, Sub 1329 ]

Duke Energy Carolinas rate case: 15% requested in North Carolina

SETTLED

Requested increase; a settlement is filed and awaits the commission's decision.

+15.0%
asked (overall)
settlement
approved
$1,002M
revenue requested
1,961,108
residential customers

Case timeline

Settlement filed Docket E-7, Sub 1329 ↗
  1. Nov 2025Filed with the commission as docket E-7, Sub 1329

Duke Energy Carolinas asked the North Carolina Utilities Commission on November 20, 2025 for a two-year rate plan covering 2027 and 2028, worth about $1.0 billion or 15.0% overall (SEC filing); the WFAE hearing notice puts the customer increase at 15.8%. The company cites plant investment, coal ash compliance and a 10.95% return on equity. In July 2026 it reached a settlement with business and clean-energy parties that lowers the return to 9.8%; the commission has not yet ruled, and not every party signed.

What your bill becomes

Bill today
$134.10
After the increase
$154.21
Difference / month · / year
+$20.11 · +$241.32

Estimated at Duke Energy Carolinas's average effective residential rate (13.41¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.

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