Duke Energy responds to order by NCUC

Duke Energy issued the following statement in response to the order by the North Carolina Utilities Commission on the Performance-Based Regulation application submitted by Duke Energy Carolinas on Jan. 19, 2023. “We believe this is a constructive outcome that enables Duke Energy to maintain strong progress toward building a cleaner, more reliable energy future for our North Carolina customers while continuing to meet the energy demands of a growing and economically vibrant region. We are currently evaluating the NCUC order on Duke Energy Carolinas’ rate request and will determine the exact impacts on customer rates in the coming weeks. Our investments over the past several years – and those included in the multi-year rate plan in the coming years – strengthen the electricity grid to improve reliability for customers and facilitate a cleaner, more secure energy future in a manner that supports economic development across the state.”