Duke Energy Carolinas reaches partial rate case settlement; reduces requested revenue increase to $556M

Duke Energy CORP

Partial stipulation with NCUC Public Staff resolves certain O&M, capex, and accounting items; key issues like ROE, MYRP, storm costs remain for litigation.
Revised requested revenue increase after stipulation is $556M over two years (8.3% overall), down from original $1,002M.
One-time pre-tax charge of ~$10M in Q2 2026 from the stipulation.
Evidentiary hearing starts July 7, 2026; Year 1 rates targeted by Jan 1, 2027 if approved.

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