MAAT INDEX

CLAIM #21876 · DUK (DUK) · 2023Q4 earnings call · Feb 8, 2024 · due Jun 30, 2024

in Indiana we'll file CPCNs for new generation resources around midyear.

Lynn Good · CEO

PENDING
graded after results covering Jun 30, 2024 are reported

In context

build to meet the evolving energy needs of our customers and communities. We're working with stakeholders to develop resource plans to support the phenomenal growth in our communities. In the Carolinas, demand is already outpacing the forecast used in our August resource plan filings and we filed supplemental portfolios in January. We're committed to meeting this growth with a diverse and increasingly clean energy mix that includes renewables, natural gas, next-generation nuclear and storage resources, as well as energy efficiency and demand response tools. We're also taking steps to build new generation in North Carolina, we'll file CPCNs for over two gigawatts of new natural gas generation in 2024. We'll continue to advance annual solar procurements targeting one gigawatt per year. And in Indiana we'll file CPCNs for new generation resources around midyear. These new facilities will add to our diverse mix of resources and are critical to meeting growing customer demand as we reliably exit coal by 2035. From a regulatory perspective, we've announced two rate cases in 2024 starting with DEC South Carolina in early January. Since the last case in 2018, we've invested more than $1.5 billion to improve reliability and resiliency and meet the growing energy needs of our more than 650,000 customers. And in Florida, we notified the commission of our intent to file a rate case in April. Similar to our current multiyear rate plan, which runs through 2024, this filing will cover three years of investments beginning in 2025. Our plan will add over 1000 megawatts of new solar and include over $3 billion of grid investments to serve population growth, inc

Verify independently

SEC filings for DUK · Claim quote is verbatim from the 2023Q4 earnings call.