Duke Energy Carolinas Files 8-K

TL;DR

Duke Energy Carolinas filed an 8-K, likely with regulatory updates.

AI Summary

Duke Energy Carolinas, LLC, a subsidiary of Duke Energy Corp., filed an 8-K on November 20, 2025. The filing primarily concerns Regulation FD disclosures and financial statements/exhibits. No specific financial figures or material events were detailed in the provided text excerpt.

Why It Matters

This filing indicates Duke Energy Carolinas is providing required disclosures to the SEC, which could contain material information for investors.

Risk Assessment

Risk Level: low — The provided text is a standard SEC filing header and does not contain specific negative or positive material events.

Key Players & Entities

• Duke Energy Carolinas, LLC (company) — Filer
• Duke Energy Corp. (company) — Parent Company
• DUKE ENERGY PROGRESS, LLC. (company) — Related Entity
• CAROLINA POWER & LIGHT CO (company) — Former Name

FAQ

Key Financial Figures

• $0.001 — registered Duke Energy Common Stock, $0.001 par value DUK New York Stock Exchange
• $727 million — nues in year one would be approximately $727 million (10.9%), followed by $275 million (4.1%
• $275 million — ately $727 million (10.9%), followed by $275 million (4.1%) in year two – a total 15.0% incr
• $528 million — nues in year one would be approximately $528 million (10.9%), followed by $200 million (4.1%
• $200 million — ately $528 million (10.9%), followed by $200 million (4.1%) in year two – a total 15.1% incr

Filing Documents

• tm2531792d1_8k.htm (8-K) — 60KB
• tm2531792d1_ex99-1.htm (EX-99.1) — 58KB
• tm2531792d1_8kimg001.jpg (GRAPHIC) — 5KB
• 0001104659-25-114640.txt ( ) — 396KB
• duk-20251120.xsd (EX-101.SCH) — 5KB
• duk-20251120_def.xml (EX-101.DEF) — 29KB
• duk-20251120_lab.xml (EX-101.LAB) — 39KB
• duk-20251120_pre.xml (EX-101.PRE) — 27KB
• tm2531792d1_8k_htm.xml (XML) — 17KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On November 20, 2025, Duke Energy Carolinas, LLC ("DEC") and Duke Energy Progress, LLC ("DEP", and together with DEC, the "Companies") each filed rate cases with the North Carolina Utilities Commission ("NCUC") seeking approval for increases in retail revenues. Both filings include requests for Performance Based Regulation mechanisms, featuring a two-year Multi-Year Rate Plan as well as residential decoupling, performance incentive mechanisms, and an earnings sharing mechanism. If approved by the NCUC, for DEC, the net increase in retail revenues in year one would be approximately $727 million (10.9%), followed by $275 million (4.1%) in year two – a total 15.0% increase; and for DEP, the net increase in retail revenues in year one would be approximately $528 million (10.9%), followed by $200 million (4.1%) in year two – a total 15.1% increase. DEP's revenue request is net of a proposed Production Tax Credit ("PTC") Rider, which would flow back monetized PTCs to customers beginning in 2027. DEC already has an established PTC Rider in place. The Companies have requested the NCUC approve the requested total Year 1 rates to be effective no later than January 1, 2027. Although a procedural schedule has not yet been established by the NCUC, hearings are expected to commence in third-quarter 2026. An overview providing additional detail on the filings 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

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 Duke Energy Carolinas, LLC and Duke Energy Progress, LLC Fact Sheet Regarding 2025 Multi-Year Rate Case Filing. 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 20, 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 20, 2025 By: /s/ David S. Maltz Name: David S. Maltz Title: Vice President, Legal, Chief Governance Officer and Corporate Secretary DUKE ENERGY PROGRESS, LLC Date: November 20, 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 2025-11-20 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 Co-Registrant CIK Co-Registrant Amendment Flag false Co-Registrant Form Type 8-K Co-Registrant DocumentPeriodEndDate 2025-11-20 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

View Full Filing

View this 8-K filing on SEC EDGAR