Duke Carolinas partial settlement details Nuclear PTC rider with $50M/$100M customer benefits

Duke Energy CORP

Partial settlement with NC Public Staff on base rate case filed Jan 2023; includes Nuclear PTC rider from IRA.
Rider flows $50M in 2025 and $100M in 2026 to DEC NC retail customers, starting Jan 1, 2025.
After 2026, annual Nuclear PTCs tracked and flowed back over four years.
Settlement does not cover ROE, capitalization structure, or COVID deferred cost recovery.
Evidentiary hearing began Aug 28; settlement subject to NCUC approval.

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