Duke Energy Corp. (DUK) recently announced that its subsidiary, Duke Energy Carolinas, has received a rate case approval from the North Carolina Utilities Commission (“NCUC”). The new rates are applicable from Jan 15, 2024. Since the rate review requested on Jan 19, 2023, the NCUC has approved a net increase in retail revenues in year one of about $436 million (8.3$173 million (3.3%) in year two and $165 million (3.1%) in year three. Benefits of Rate Hike Utilities file for rate hikes to fun ...