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Stock impact report

Piedmont Natural Gas files application for base rate adjustment in South Carolina [Yahoo! Finance]

Duke Energy Corporation (Holding Company) (DUK) 
Last duke energy corporation (holding company) earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: duke-energy.com/our-company/investors
Company Research Source: Yahoo! Finance
CHARLOTTE, N.C. April 1, 2026 /PRNewswire/ -- Piedmont Natural Gas today filed a request with the Public Service Commission of South Carolina to update its billing rates through a general rate case proceeding. The new rates would allow Piedmont to recover recent utility capital investments for its growing South Carolina customer base and the increased cost of capital since its last rate case. If approved, Piedmont anticipates the rates will go into effect Oct. 1, 2026, with the typical residential customer in South Carolina paying, on average, $7.67 more per month, or $92 more per year. Piedmont is also requesting concurrent rate reductions for pass-through natural gas costs, which will help mitigate the overall impact on customer bills. The overall revenue increase requested is 6.3%. Piedmont serves about 170,000 customers in Anderson, Spartanburg, Greenville and Cherokee counties in South Carolina. Piedmont's last general rate case proceeding in South Carolina was in 2022. Show less Read more
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