UNITED STATES

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): November 14, 2013

 

Commission file
number

 

Registrant, State of Incorporation or Organization,
Address of Principal Executive Offices, and Telephone Number

 

IRS Employer
Identification
No.

 

 

 

 

1-32853

 

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

 

20-2777218

1-232

 

DUKE ENERGY OHIO, INC.
(an Ohio corporation)
139 East Fourth Street
Cincinnati, Ohio 45202
(704) 382-3853

 

31-0240030

 

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))

 

 

 


 

Item 8.01.  Other Events.

 

On November 13, 2013, the Public Utilities Commission of Ohio (PUCO) approved the partial settlement filed on April 2, 2013 by Duke Energy Ohio, Inc. (the “Company”) related to its gas distribution rate case filed in June 2012. PUCO approved the recovery of environmental remediation costs associated with two of the Company’s former manufactured gas plants (MGP).  The order allows for the recovery of approximately $55 million of environmental remediation costs over a five-year period. In addition, the order results in no increase to gas distribution base rates and is based upon a return on equity of 9.84% and a 53.3% equity component of the capital structure.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities and 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: November 14, 2013

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

Title:

Executive Vice President and Chief Legal Officer and Corporate Secretary

 

 

 

DUKE ENERGY OHIO, INC.

 

 

 

 

 

 

Date: November 14, 2013

By:

/s/ Julia S. Janson

 

Name:

Julia S. Janson

 

Title:

Executive Vice President and Chief Legal Officer

 

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