Duke Energy To Raise $2 Billion Through Stock Sale To Offset Tax Reform Hit

Retrieved on: 2018-02-20 05:11:15

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Duke Energy To Raise $2 Billion Through Stock Sale To Offset Tax Reform Hit. View article details on hiswai:

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<div>The <b>company</b>, like other regulated utilities, is required to return tax savings to customers because federal taxes, alongside other operating costs, are baked into utilities' retail rates. <b>Duke Energy</b> will sell $2 billion in equity in 2018, including $350 million that was “originally contemplated,” Mr. Young said.</div>

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