Duke Energy Files 8-K with Regulatory Updates

TL;DR

Duke Energy filed an 8-K on Nov 12, 2025, with regulatory and financial updates.

AI Summary

Duke Energy Corp. filed an 8-K on November 12, 2025, reporting information under Regulation FD Disclosure and Financial Statements and Exhibits. The filing includes details for Duke Energy Carolinas, LLC, a subsidiary, and references past name changes for both entities.

Why It Matters

This filing provides important regulatory and financial disclosures for Duke Energy Corp. and its subsidiary, Duke Energy Carolinas, LLC, impacting investors and stakeholders.

Risk Assessment

Risk Level: low — The filing is a standard 8-K reporting routine disclosures and does not appear to contain significant new risks.

Key Players & Entities

• Duke Energy CORP (company) — Filer
• Duke Energy Carolinas, LLC (company) — Subsidiary Filer
• 20251112 (date) — Filing Date

FAQ

Key Financial Figures

• $0.001 — registered Duke Energy Common Stock, $0.001 par value DUK New York Stock Exchange
• $7.9 b — i) a South Carolina retail rate base of $7.9 billion, and (iii) agreement for nuclear
• $10 m — nnual storm reserve funding increase to $10 million, and (ii) support for DEC's propo

Filing Documents

• tm2530955d1_8k.htm (8-K) — 48KB
• tm2530955d1_ex99-1.htm (EX-99.1) — 17KB
• tm2530955d1_8k-img01.jpg (GRAPHIC) — 8KB
• 0001104659-25-109638.txt ( ) — 340KB
• duk-20251111.xsd (EX-101.SCH) — 5KB
• duk-20251111_def.xml (EX-101.DEF) — 28KB
• duk-20251111_lab.xml (EX-101.LAB) — 42KB
• duk-20251111_pre.xml (EX-101.PRE) — 27KB
• tm2530955d1_8k_htm.xml (XML) — 13KB

01

Item 7.01. Regulation FD Disclosure. On November 11, 2025, Duke Energy Carolinas, LLC ("DEC") and the Office of Regulatory Staff ("ORS"), as well as other intervening parties, reached a partial settlement in connection with the base rate proceeding filed with the Public Service Commission of South Carolina ("PSCSC") on July 1, 2025, and DEC and ORS filed with the PSCSC an Agreement and Stipulation of Partial Settlement Regarding Revenue Requirement and Related Issues (the "Stipulation"). Testimony consistent with the Stipulation was filed on November 12, 2025. The Stipulation includes, among other things, (i) a return on equity of 9.99% based on a capital structure of 53% equity and 47% debt and an overall rate of return of 7.4%, (ii) a South Carolina retail rate base of $7.9 billion, and (iii) agreement for nuclear and other production tax credit flow back to customers. Key provisions in the case also include (i) support for DEC's proposed annual storm reserve funding increase to $10 million, and (ii) support for DEC's proposed annual pension cost rider. The Stipulation is subject to the review and approval of the PSCSC. An evidentiary hearing to review the Stipulation and remaining issues in the case is currently scheduled to commence on November 13, 2025. An overview providing additional detail on the Stipulation is attached to this Form 8-K as Exhibit 99.1. The information in Exhibit 99.1 is being furnished pursuant to this Item 7.01 and shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Duke Energy Carolinas, LLC Fact Sheet Regarding 2025 Partial Rate Case Settlement. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DUKE ENERGY CORPORATION Date: November 12, 2025 By: /s/ David S. Maltz Name: David S. Maltz Title: Vice President, Legal, Chief Governance Officer and Corporate Secretary DUKE ENERGY CAROLINAS, LLC Date: November 12, 2025 By: /s/ David S. Maltz Name: David S. Maltz Title: Vice President, Legal, Chief Governance Officer and Corporate Secretary Co-Registrant CIK Co-Registrant Amendment Flag false Co-Registrant Form Type 8-K Co-Registrant DocumentPeriodEndDate 2025-03-14 Co-Registrant Written Communications false Co-Registrant Solicitating Materials false Co-Registrant PreCommencement Tender Offer false Co-Registrant PreCommencement Issuer Tender Offer false Co-Registrant Emerging Growth Company false

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View this 8-K filing on SEC EDGAR