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May 18, 2024

North Carolina

Duke Energy
FERC Nixes Duke Transmission Planning Proposal over Cost Threshold
FERC rejected a proposal Duke Energy filed to update its transmission planning process in the Carolinas due to a cost threshold in the proposal, saying other aspects of the filing seemed just and reasonable.
Duke Energy
Duke Earnings Slip on Low Demand, but Long-term Growth Expected
Duke Energy saw quarterly earnings slip due to low demand, but a growing economy and the transition to cleaner energy had its executives highlighting future growth opportunities on its earnings call Thursday.
Duke Energy
Duke Files Settlement with Munis at FERC on Battery Dispute
Duke Energy Progress and North Carolina Eastern Municipal Power Agency filed a settlement with FERC regarding the latter using batteries to shave its peak demand.
Shutterstock
NCUC Approves Duke’s Performance-based Rates
The North Carolina Utilities Commission approved Duke Energy Progress’ latest rate case, which includes “performance-based regulation” meant to help achieve the state’s environmental policies.
Duke Energy
Duke Energy Quarterly Call Focuses on Long-term ‘Organic’ Growth Plans
Duke Energy saw earnings slip on mild weather and focused on its organic growth plans as a fully regulated firm engaged in the energy transition.
Orchidus, CC BY-SA 4.0 , via Wikimedia Commons
North Carolina Businesses Endorse Market Reform Studies
North Carolina businesses called for a study of wholesale market competition, including a possible RTO, citing a lack of “cost-competitive, clean energy.”
House Energy and Commerce Committee
House Energy and Commerce Examines Moore County Attack
Members of Congress went to North Carolina to hold a field hearing on the substation attacks in early December that knocked out power to 45,000 customers.
Duke Energy
Duke Energy Sees Earnings Fall on Warm Winter Weather
Warm weather in its service territories led to lower earnings for Duke in Q1, but CEO Lynn Good told investors that the firm should make up for it this summer.
Shutterstock
NC Utilities Commission Approves New Net-metering Rules for Duke
The North Carolina Utilities Commission largely approved Duke Energy’s proposal to update its net energy metering rules for residential rooftop solar customers.
North Carolina Utilities Commission
North Carolina Regulators Face Questions on Holiday Outages
The NCUC chair consumer advocate faced lawmakers' questions on the state's first-ever rotating outages stemming from a December storm.

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