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Latest Duke Energy Carolinas Stories

2011-07-20 09:30:00

CHARLOTTE, N.C., July 20, 2011 /PRNewswire/ -- Duke Energy Carolinas today filed a status update informing the Public Service Commission of South Carolina the company has signed a letter of intent with Santee Cooper for a potential minority interest (5 to 10 percent of the capacity of the two units) in Santee Cooper's 45 percent ownership of the planned new nuclear reactors at V.C. Summer Nuclear Generating Station in South Carolina. (Logo:...

2011-07-01 09:30:00

CHARLOTTE, N.C., July 1, 2011 /PRNewswire/ -- Duke Energy Carolinas (NYSE: DUK) today filed a request with the North Carolina Utilities Commission (NCUC) to increase electric rates by approximately $646 million. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO ) Approximately three-fourths of the request is driven by capital investments the company made in the Carolinas' electric system over the past two years. "Since 2009, we've spent $4.8 billion to modernize the...

2010-08-19 13:00:00

CHARLOTTE, N.C., Aug. 19 /PRNewswire/ -- Duke Energy Carolinas will no longer pursue a plan to place up to three demonstration wind turbines in the Pamlico Sound. Instead, the company and the University of North Carolina at Chapel Hill will refocus their collaboration to study and help enable large-scale offshore wind development on the ocean side of the North Carolina coast. Since the project was announced in September 2009, in-depth analysis and engineering have been conducted. Duke...

2010-01-20 15:45:00

CHARLOTTE, N.C., Jan. 20 /PRNewswire-FirstCall/ -- The Public Service Commission of South Carolina today approved Duke Energy Carolinas' first general rate increase since 1991. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO ) Regulators accepted a settlement agreement that was reached by Duke Energy Carolinas, the Office of Regulatory Staff (ORS) and the South Carolina Energy Users Committee (SCEUC) regarding the company's request to raise rates. In addition, the...

2009-12-09 08:51:00

CHARLOTTE, N.C., Dec. 9 /PRNewswire-FirstCall/ -- As colder weather and the holidays approach, Duke Energy Carolinas is kicking off its annual Share the Warmth campaign to help people who need assistance paying for their winter heating bills. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO) In the 2008-09 campaign, Duke Energy contributed more than $3 million to Share the Warmth in the Carolinas, including: Customer contributions of almost $700,000. Matching funds...

2009-12-08 13:08:00

CHARLOTTE, N.C., Dec. 8 /PRNewswire-FirstCall/ -- The North Carolina Utilities Commission (NCUC) Monday approved Duke Energy Carolinas' proposed settlement in the company's request to raise base rates for the first time since 1991. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO) The settlement was initially agreed upon by Duke Energy (NYSE: DUK); The North Carolina Public Staff, which represents consumers; Carolina Utility Customers Association Inc. (CUCA); and...

2009-11-24 12:59:00

CHARLOTTE, N.C., Nov. 24 /PRNewswire-FirstCall/ -- Agreement would raise general rates in South Carolina for the first time since 1991; average bottom line impact to customers would be 1.7 percent. Proposed settlement includes the Office of Regulatory Staff, which represents and balances interests of consumers, the financial integrity of public utilities and the economic development of South Carolina. Compromise balances the company's need to maintain its strong financial position with...

2009-10-20 12:50:00

CHARLOTTE, N.C., Oct. 20 /PRNewswire-FirstCall/ -- First base rate increase since 1991 would result in increase to base rates of $315 million, or 8 percent, to be phased in over two years. Other measures will reduce the bottom line impact to customers Settlement would allow the company to maintain its strong financial position, which is essential to attracting investors and lowering financing costs as it continues to modernize the system that serves customers Proposed agreement...

2009-07-27 13:00:00

CHARLOTTE, N.C., July 27 /PRNewswire/ -- Increase is offset by refund to customers and reduction in fuel charge New rates designed to improve parity among customer groups Customers can save money through new energy efficiency programs Duke Energy Carolinas today filed requests with the Public Service Commission of South Carolina (PSC) to make several adjustments to customer bills, including an increase of 9.3 percent to general rates. (Logo:...

2009-06-02 11:00:00

Last General Rate Increase was in 1991 CHARLOTTE, N.C., June 2 /PRNewswire-FirstCall/ -- Duke Energy Carolinas (NYSE: DUK) has filed a request with the North Carolina Utilities Commission to increase its North Carolina customer rates by approximately 12.6 percent. (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO) If approved, the general rate changes are expected to be implemented no earlier than Jan. 1, 2010. "Customers count on us to provide power that is affordable,...