Duke Energy Carolinas receives NCUC order approving ~$768M 3-year rate increase, 10.1% ROE

Duke Energy CORP

NCUC approved 10.1% ROE (up from 9.6%) on 53% equity capital structure.
Total revised incremental annual revenue requirement of $768M over three years (Year 1: $313M, Year 2: $174M, Year 3: $159M).
Cumulative net annualized customer rate increase of 14.6% over the 3-year multi-year rate plan.
Grid Improvement Plan deferred costs recovered over 18 years with full WACC return during amortization.
Nuclear PTC benefits flowed to customers: $50M in 2025 and $100M in 2026 via standalone rider.

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