Company Overview of Duke Energy Carolinas, LLC
Duke Energy Carolinas, LLC, an electric utility company, generates, transmits, distributes, and sells electricity in North Carolina and South Carolina. The company serves residential, general service, and industrial customers in central and western North Carolina and western South Carolina. As of December 31, 2011, it owned 13,100 conductor miles of electric transmission lines; and approximately 101,700 conductor miles of electric distribution lines, as well as had 1,500 substations. The company is based in Charlotte, North Carolina. Duke Energy Carolinas, LLC is a subsidiary of Duke Energy Corporation.
526 South Church Street
Charlotte, NC 28202-1803
Key Executives for Duke Energy Carolinas, LLC
Chairman of Duke Energy Corporation and Chief Executive Officer of Duke Energy Corporation
President of U.S. Franchised Electric & Gas and Chief Operating Officer of U.S. Franchised Electric & Gas
President of Office of Nuclear Development
Compensation as of Fiscal Year 2012.
Duke Energy Carolinas, LLC Key Developments
Federal Energy Regulatory Commission Issues Order to Duke Energy Carolinas, LLC on Order Granting Rehearing for Further Consideration
Apr 22 13
Federal Energy Regulatory Commission (FERC) Issued order to Duke Energy Carolinas, LLC on Order Granting Rehearing for Further Consideration. Rehearing has been timely requested of the commission's order issued on February 19, 2013, in this proceeding by the Chief, Land Resources Branch, Division of Hydropower Administration and Compliance, Office of Energy Projects. Duke Energy Carolinas, LLC, 142 FERC s 62,112 (2013). In the absence of Commission action within 30 days from the date the rehearing request was filed, the request for rehearing (and any timely requests for rehearing filed subsequently) would be deemed denied. 18 C.F.R. section 385.713 (2012). In order to afford additional time for consideration of the matters raised or to be raised, rehearing of the Commission's order is hereby granted for the limited purpose of further consideration, and timely-filed rehearing requests will not be deemed denied by operation of law. Rehearing requests of the above-cited order filed in this proceeding will be addressed in a future order. As provided in 18 C.F.R. section 385.713(d), no answers to the rehearing requests will be entertained.
Federal Energy Regulatory Commission Issues Order to Duke Energy Carolinas, L.L.C. on Tariff Revisions
Apr 4 13
Federal Energy Regulatory Commission issued order to Duke Energy Carolinas, L.L.C. on tariff revisions. On February 20, 2013, Duke Energy Carolinas, LLC (Duke) filed revisions to Schedule 10-B of its Joint Open Access Transmission Tariff (OATT), which currently contains Duke's Formula Rate. Duke states that the filing makes a single change to the currently effective schedule in order to correctly calculate Duke's Annual Transmission Revenue Requirement in its Formula Rate. Duke asks that the changes to the Formula Rate proposed become effective June 1, 2011, the date that Duke's Formula Rate in Schedule 10 became effective. Duke seeks waiver of the prior notice requirement to permit the requested effective date. Duke seeks waiver of the need to submit multiple versions of multiple tariff records to reflect such effective date. Pursuant to the authority delegated to the Director, Division of Electric Power Regulation - East, under 18 C.F.R. section 375.307, the company's submittal is conditionally accepted for filing, effective June 1, 2011, as requested, subject to additional compliance filings within 30 days of the date of this Order. Waiver of the Commission's notice requirements pursuant to section 35.11 of the Commission's regulations (18 C.F.R. section 35.11) is granted. The instant filing contains revisions to Schedule 10-B. However, Duke seeks to revise Schedule 10, effective June 1, 2011. Moreover, as Duke explains, the formula rate contained in Schedule 10 was revised effective April 1, 2012. Duke maintains that the revised Schedule 10 was moved to a different tariff record, Schedule 10-B, effective July 2, 2012 as a result of the Duke-Progress merger. Therefore, Duke is directed to submit revisions to Schedule 10 that reflect the intent of the company. Specifically, the Commission directs Duke to submit revisions to Schedule 10 that would be effective from the requested effective date, June 1, 2011, until the effective date of the revisions to Schedule 10, April 1, 2012. Further, the Commission directs Duke to submit revisions to Schedule 10 that would be effective from April 1, 2012 until July 2, 2012, the date of the Duke-Progress merger.
FERC Issues Order to Duke Energy Carolinas, LLC on Order Granting Extension of Time Pursuant to Article 404
Mar 2 13
On February 15, 2013, Duke Energy Carolinas, LLC, licensee for the East Fork Hydroelectric Project, FERC No. 2698, filed an extension of time request, to complete modifications of project facilities pursuant to Article 404 of the Commission's Order Issuing New License. The project is located on the East Fork of the Tuckasegee River in Jackson County, North Carolina. The project occupies federal lands. The licensee requested an extension of time to complete the construction of the Wolf Creek Dam minimum flow valve, which has been delayed due to weather and contractor mobilization. The licensee states it is working within the constraints of the Wolf Creek elevation level to construct the valve and anticipates the necessary elevation to be met by utilizing normal seasonal inflow, which should occur by April 15, 2013. The licensee has requested an extension until May 1, 2013 to complete the construction. The licensee filed the request for extension of time prior to the deadline, and the reasons advanced in support of the extension are reasonable and justifiable.
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