Duke Energy — Nov 7, 2025 release

These items were partially offset by higher interest expense, milder weather and higher depreciation and property taxes on a growing asset base. The company is narrowing its 2025 adjusted EPS guidance range to $6.25 to $6.35 and reaffirming its long-term adjusted EPS growth rate of 5% to 7% through 2029 off the 2025 midpoint of $6.30. Management does not forecast reported GAAP EPS and related long-term growth rates. “We remain on track to deliver strong results in 2025, while advancing an energy modernization strategy that creates value for our customers, stakeholders and investors,” said Harry Sideris, Duke Energy president and chief executive officer. “With our economic development pipeline continuing to progress and concrete investment plans in place, we are reaffirming our long-term EPS growth rate and have confidence we will earn in the top half of the range beginning in 2028.” “Furthermore, as load growth materializes across our jurisdictions, we are expecting our new five-year capital plan to be between $95 and $105 billion when we refresh the plan in February, increasing the largest capital plan in the industry.” “As the investment needs of our utilities accelerate, customer value and affordability remain front and center,” Sideris added. “Cost management is a core competency for Duke Energy and we focus on keeping bills as low as possible – including rates well below the national average and average changes below the rate of inflation – to ensure our 10 million customers receive the service they count