Duke Energy Progress and the North Carolina Public Staff have reached a partial settlement on certain items associated with customer rate increases included in the utility’s request. The partial settlement includes agreement on many aspects of the company’s proposed revenue requirement in the case, including cost recovery of historical capital investments, depreciation for coal plant retirements, and multiple operational items and accounting adjustments. The settlement also addresses capital projects and related costs to be included in the company’s three-year rate plan proposal.
Duke Energy Progress Reaches Partial Agreement with the NC Public Staff Regarding Rate Request
