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News Breaks
March 18, 2013
11:43 EDTDUKDuke Energy Carolinas files request to raise electric rates 15.1%
Duke Energy Carolinas filed a request with the Public Service Commission of South Carolina to increase electric rates by about $220M, for an overall increase of 15.1%. More than half of the request is driven by capital investments that Duke Energy Carolinas has made in the electric system, the company said. The company's request proposes an allowed return on common equity, or ROE of 11.25% with a 53 percent common equity component; the current allowed ROE in South Carolina is 10.5%. The South Carolina retail rate base is expected to be approximately $4.3B through the date of the hearings, the company noted.
News For DUK From The Last 14 Days
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April 16, 2015
09:05 EDTDUKDuke Energy and Camp Lejeune receive approval for solar project
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April 15, 2015
10:36 EDTDUKBofA/Merrill U.S. credit analysts hold an analyst/industry conference call
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April 9, 2015
09:03 EDTDUKDuke Energy appeals fine issued by North Carolina environmental regulators
Duke Energy appealed a $25.1M fine for groundwater violations at the L.V. Sutton Steam Electric Plant in Wilmington issued by the North Carolina Department of Environment and Natural Resources, arguing, among other things, that actions already taken by the company make the penalty unnecessary and excessive. The company is asking that the fine be dismissed.
April 6, 2015
12:35 EDTDUKDuke Energy enters $1.5B stock repurchase agreement
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April 5, 2015
08:43 EDTDUKAT&T, Philip Morris, eight others have reliable yields up to 5.7%, Barron's says
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