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Ruling gives Duke Energy pause about SC investments, CEO tells analysts

John Downey
Ruling gives Duke Energy pause about SC investments, CEO tells analysts

Of particular concern are two parts of Duke Energy's rate cases in South Carolina. The first is to hold the company's return on equity in the state to 9.5%. The second is to cut about $154 million in coal-ash cost recovery from Duke's rate request that regulators say are essentially imposed by North Carolina.