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): December 17, 2008
DUKE ENERGY CORPORATION
(Exact Name of Registrant as Specified in its Charter)
|
Delaware |
|
1-32853 |
|
20-2777218 |
|
(State or Other
Jurisdiction |
|
(Commission |
|
(IRS Employer |
526 South Church Street, Charlotte, North Carolina 28202
(Address of Principal Executive Offices, including Zip code)
(704) 594-6200
(Registrant’s telephone number, including area code)
DUKE ENERGY OHIO, INC.
(Exact Name of Registrant as Specified in its Charter)
|
Delaware |
|
001-1232 |
|
31-0240030 |
|
(State or Other
Jurisdiction |
|
(Commission |
|
(IRS Employer |
139 East Fourth Street, Cincinnati, Ohio 45202
(Address of Principal Executive Offices, including Zip code)
(704) 594-6200
(Registrant’s telephone number, including area code)
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 December 17, 2008, Duke Energy Ohio, Inc. announced that the Public Utilities Commission of Ohio (PUCO) approved the settlement agreement on its electric security plan under Ohio’s new energy law. The agreement establishes generation rates for 2009 through 2011. The settlement agreement was reached with most intervening parties, the Staff of the PUCO and the Ohio Consumers’ Counsel in October and was then sent to the PUCO for approval. Under the settlement terms, the base cost for generation service will increase by approximately 2 percent of the total bill annually in 2009 and in 2010 for residential customers, and each year from 2009 through 2011 for non-residential customers. Additionally, the bill for generation service will continue to include cost-based trackers for fuel and purchased power, capacity purchases and environmental compliance expenditures.
An overview providing additional detail on the settlement is attached to this Form 8-K as Exhibit 10.1.
.
Item 9.01. Financial Statements and Exhibits
|
|
(d) |
|
Exhibits. |
|
|
|
|
|
|
|
10.1 |
|
Electric Security Plan (ESP) Settlement Overview. |
SIGNATURES
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: December 22, 2008 |
By: |
/s/Myron L. Caldwell |
|
|
Name: |
Myron L. Caldwell |
|
|
Title: |
Senior Vice President, Rates |
|
|
|
and Regulatory Accounting |
|
|
|
|
|
|
|
|
|
|
DUKE ENERGY OHIO, INC. |
|
|
|
|
|
|
Date: December 22, 2008 |
By: |
/s/ Myron L. Caldwell |
|
|
Name: |
Myron L. Caldwell |
|
|
Title: |
Senior Vice President, Rates |
|
|
|
and Regulatory Accounting |
2
EXHIBIT INDEX
|
Exhibit |
|
Description |
|
10.1 |
|
Electric Security Plan (ESP) Overview. |
3