Duke Energy Corporation (NYSE: DUK) is ranked among the top 10 best performing electrical infrastructure stocks in 2025. The company has proposed new investments in North Carolina, requesting a $1 billion yearly revenue boost for its utilities, Duke Energy Carolinas and Duke Energy Progress, subject to regulatory approval.
The requests include a $727 million increase in 2027 and $275 million in 2028 for Duke Energy Carolinas, and a $200 million rise in 2028 and $528 million in 2027 for Duke Energy Progress. These demands represent a 15% growth above current revenues, with a proposed 53% equity capital structure and 10.95% return on equity.
Duke Energy Corporation (NYSE: DUK) also mentioned the expected benefits from nuclear production tax credits in their filing, with nuclear plants projected to generate tax credits worth millions of dollars through 2032. The proposal extends these credits to Duke Energy Progress customers and introduces solar and hydro incentives. A proposed merger between Duke Energy Carolinas and Duke Energy Progress could save customers over $1 billion in future expenses.
As one of the largest utilities in the US, Duke Energy Corporation (NYSE: DUK) serves regulated utilities in multiple states, including the Carolinas, Indiana, Florida, Ohio, and Kentucky. Despite its potential as an investment, other AI stocks may offer greater upside potential and less downside risk, according to analysts.
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Read more at Yahoo Finance: Duke Energy Corporation (DUK) Proposes New Investments In North Carolina
