---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-079888"
form_type: "8-K"
ticker: "DUK"
cik: "0001326160"
company_name: "Duke Energy CORP"
filed_at: "2024-07-15T23:59:59+00:00"
generated_at: "2026-05-31T20:40:05.807619+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Duke Energy Florida settles rate case: $203M base rate increase in 2025, ROE midpoint 10.3%

## Summary
- Base rate increase of $203M in 2025 and $59M in 2026; $50M ITCs in lieu of 2027 increase.
- ROE band 9.3%-11.3% with 10.3% midpoint; capital structure 53% equity, 47% debt.
- 12 new solar plants totaling 900 MW to be recovered via Solar Base Rate Adjustment (SOBRA) mechanism.
- Settlement subject to FPSC approval; hearing window Aug 12–23, 2024.
- No material immediate accounting impacts from the settlement.

## SEC filing metadata
- accession: 0001104659-24-079888
- form_type: 8-K
- ticker: DUK
- cik: 0001326160
- company_name: Duke Energy CORP
- filed_at: 2024-07-15T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326160/000110465924079888/0001104659-24-079888-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/37637/000110465924079888/tm2419445d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-079888
- JSON: https://secwatch.observer/filing/0001104659-24-079888.json
- Plain text: https://secwatch.observer/filing/0001104659-24-079888.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.