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December 3, 2024

North Carolina

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.
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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.
Duke Energy
Industry Group Blames Duke, TVA for Blackouts
SREA said Duke Carolinas' and TVA's holiday blackouts were likely avoidable had they built robust transmission links and had better access to organized markets.
Duke Energy
North Carolina Regulators Approve Duke’s 1st Carbon Plan
The North Carolina Utilities Commission approved Duke Energy's first carbon plan to comply with state law calling for carbon neutrality by 2050.
Duke Energy
Duke Completes Power Restoration After NC Substation Attack
Duke Energy has restored power to 45,000 customers in Moore County, N.C., where  two substations were damaged by unknown attackers with rifles last weekend.

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