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CLAIM #22076 · DUK (DUK) · 2025Q1 earnings call · May 6, 2025 · due Feb 28, 2026

If there is a catalyst, we will definitely update the investment community. But until then, I would kind of look to February as our major capital update cycle.

Brian Savoy · CFO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
I would kind of look to February as our major capital update cycle
Reported
I think we're going to continue to evaluate it, but we'll see this within maybe our next cycle in February

In context

for the next 5 years. Half of that going into the grid, half of it for generation build. We got several updates coming up with our IRP and the Carolinas being updated. We continue to work our pipeline. It's stable and growing and as that continues and our updates to our IRP, I can never say that word, we will continue to look at our plans, but we do have a wealth of investment opportunities and growth opportunities, and we'll continue to look at that and update you as that comes along. And, Brian, do you have anything to add? Brian Savoy: Yes, I would add. We're updating our resource plans, and we just actually filed our 10-year site plan in Florida, which calls for more resources than our previous plan. And, Shar, we've kind of gotten on this annual cycle of updating capital in February. If there is a catalyst, we will definitely update the investment community. But until then, I would kind of look to February as our major capital update cycle. But we take all these things into consideration when we update. Quarter Okay. Got it. And then just maybe a question for Brian. Just on credit metrics, I mean, obviously, the key thing is the visibility is improving. You guys are monetizing the tax credits. You're getting storm cost recoveries. I guess when can we start seeing some more specificity around, actual target ranges within the plan versus the 100 basis points, 200 basis guidance you guys have out there for some time? Is there a point when you can start to disclose around actual ranges you guys decide to land at during the trajectory? Thanks. Brian Savoy: I appreciate the question, Shar, and it's something that we've been discussing a lot internally as we've continued to improve the credit profile of Duke and growing the operati

Verify independently

SEC filings for DUK · Claim quote is verbatim from the 2025Q1 earnings call.