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Stock Market & Financial Investment News

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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July 29, 2014
07:27 EDTDUKUtilities coping with new environment as electricity sales sputter, WSJ says
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July 28, 2014
09:07 EDTDUKDuke Energy to purchase NCEMPA generation assets for $1.2B
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