Deals
Duke to Postpone Duke Carolinas Rate Filing to First Quarter
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Duke Energy Corp. is postponing seeking a rate increase for its Duke Energy Carolinas utility in North Carolina, its largest market, until the first quarter next year.
Duke, based in Charlotte, North Carolina, had planned to file the request with the state’s utilities commission by the end of the year. Earlier this month, Duke’s Progress Energy Carolinas utility filed a request for its first general rate increase since 1987, asking regulators to boost revenues by about $387 million a year.