IEEFA U.S.: North Carolina regulators need to require revisions in Duke’s demand growth forecasts
Duke Energy releases electricity sales figures for North Carolina in 2020, down 5%
Duke Energy reported this month that total retail sales at its two North Carolina utilities dropped to 117,970 gigawatt-hours (GWh) in 2020, down 6,114GWh from the year before—undercutting the entire growth analysis in the companies’ pending integrated resource plans (IRPs). The starting point for those plans was roughly 124,000GWh, with projections of 1% annual growth. […]