Document


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 

 
Date of Report (Date of earliest event reported): April 1, 2019
 
Commission file number

Registrant, State of Incorporation or Organization,
Address of Principal Executive Offices, and Telephone Number
IRS Employer Identification No.





1-32853
dukeenergylogoa13.jpg
DUKE ENERGY CORPORATION
(a Delaware corporation)
550 South Tryon Street
Charlotte, North Carolina 28202-1803
704-382-3853






20-2777218
1-4928
DUKE ENERGY CAROLINAS, LLC
(a North Carolina limited liability company)
526 South Church Street
Charlotte, North Carolina 28202-1803
704-382-3853

56-0205520
1-3382
DUKE ENERGY PROGRESS, LLC
(a North Carolina limited liability company)
410 South Wilmington Street
Raleigh, North Carolina 27601-1748
704-382-3853

56-0165465
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company a4119form8kre20190401_image3.gif

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. a4119form8kre20190401_image3.gif





Item 8.01   Other Items.
 
On April 1, 2019, the North Carolina Department of Environmental Quality (“DEQ”) issued a closure determination requiring Duke Energy Progress, LLC (“DEP”) and Duke Energy Carolinas, LLC (“DEC”) to excavate all remaining coal ash impoundments in North Carolina, which comprises nine ash impoundments at six sites across North Carolina. Duke Energy Corporation estimates the cost to close the nine remaining impoundments by excavation will be approximately $4 billion to $5 billion more than the current project cost estimate of $5.6 billion in the aggregate for the closure of all DEP and DEC impoundments. Excavation would likely extend beyond the required state and federal deadlines for impoundment closure. The Corporation intends to seek recovery of all costs through the ratemaking process consistent with previous proceedings.









SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


                        
 
DUKE ENERGY CORPORATION
Date: April 1, 2019
By: /s/ David S. Maltz            
 
 David S. Maltz
 
 Vice President, Legal and Assistant Corporate Secretary

 
DUKE ENERGY CAROLINAS, LLC
Date: April 1, 2019
By: /s/ David S. Maltz            
 
 David S. Maltz
 
 Vice President, Legal and Assistant Corporate Secretary

 
DUKE ENERGY PROGRESS, LLC
Date: April 1, 2019
By: /s/ David S. Maltz            
 
 David S. Maltz
 
 Vice President, Legal and Assistant Corporate Secretary