Duke Energy Corporation (holding Company) · NYSE:DUK
Duke Energy Corporation (holding Company) — Barclays CEO Energy-Power Conference 2017
12 slides from Duke Energy Corporation (holding Company)'s conference presentation, Sep 7, 2017
Slide 1: Barclays CEO Energy-Power Conference
Barclays CEO Energy-Power Conference September 7, 2017 PRESENTED BY: LYNN GOOD| Chairman, President & CEO
Slide 2: Safe Harbor statement
Safe Harbor statement This presentation includes forward-looking statements within the meaning of the federal securities laws. Actual results could differ materially from such forward-looking statements. The factors that could cause actual results to differ are discussed in the Appendix herein and i
Slide 3: Duke Energy – A large scale, highly regulated energy infrastructure company
Duke Energy – A large scale, highly regulated energy infrastructure company HEADQUARTERED IN ELECTRIC UTILITIES CHARLOTTE, NC & INFRASTRUCTURE Operating in six constructive jurisdictions, with attractive allowed ROEs, serving 7.5 million retail customers Below average customer rates(1) Balance
Slide 4: Our investor proposition
Our investor proposition A SOLID LONG-TERM HOLDING 4.1% ~8-10% 4 -6% DIVIDEND YIELD(1) zzz ATTRACTIVE HIGHLY WITH DIVIDEND RISK-ADJUSTED ACHIEVABLE GROWTH TOTAL SHAREHOLDER EPS GROWTH COMMITMENT(2) RETURN(3) THROUGH 2021(4) SUPPORTED BY THE STRENGTH OF OUR BALANCE SHEET (1) As of Aug. 31, 2017 (2) 4
Slide 5: Advancing our strategic vision
Advancing our strategic vision TRANSFORM THE CUSTOMER EXPERIENCE MODERNIZE THE GENERATE EXPAND NATURAL GAS ENERGY GRID CLEANER ENERGY INFRASTRUCTURE ENGAGE STAKEHOLDERS BARCLAYS CEO ENERGY-POWER CONFERENCE 5
Slide 6: Consolidated financial plan underpinned by significant growth capital
Consolidated financial plan underpinned by significant growth capital 2017 – 2021 ADJUSTED EPS CAGR(1) Consolidated 4-6% 4 - 6% 2017 - 2021(3) 8-12% GROWTH IN EPS(1) REGULATED ELECTRIC AND 10-12% THROUGH 2021 GAS EARNINGS BASE OFF 2017 GUIDANCE MIDPOINT OF $4.60 $83 $79 $75 4-5% $71 $66 $62 $37 B GR
Slide 7: Over $1 billion of rate requests underway in North Carolina
Over $1 billion of rate requests underway in North Carolina Duke Energy Duke Energy Progress Carolinas Retail revenue increase requested $477 M (+14.9%) $647 M (+13.6%) Return on equity requested 10.75% ENGAGE Equity component of capital structure 53% STAKEHOLDERS Proposed rate base(1) ~$8.1 B ~$13.
Slide 8: Regulatory modernization remains a top priority
Regulatory modernization remains a top priority H.B. 589 – COMPETITIVE ENERGY SOLUTIONS FOR NC Pursued in parallel to Avoided Cost docket at N.C. Utilities Commission Reforms the Public Utility Regulatory Policy Act (PURPA) process in North Carolina, ENGAGE setting a clear path for more reliable
Slide 9: Favorable settlement reached in Duke Energy Florida
Favorable settlement reached in Duke Energy Florida MAJOR PROVISIONS OF THE SETTLEMENT Base Rate Adjustments Base rate increases of $67M per year 2019-2021, primarily to recover investments in grid modernization ENGAGE STAKEHOLDERS Solar Generation Base Rate Adjustment: DEF has opportunity to re
Slide 10: The leading energy infrastructure company
The leading energy infrastructure company Large-scale U.S. electric and Constructive regulatory gas utility creating a cleaner jurisdictions in desirable energy future communities INVESTING IN INFRASTRUCTURE OUR CUSTOMERS VALUE. DELIVERING SUSTAINABLE GROWTH. Proven track record of Solid long-term i
Slide 11: Safe Harbor statement
Safe Harbor statement Safe Harbor statement This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on management’s beliefs and assumptions and can o
Slide 12: Non-GAAP Reconciliations
Duke Energy Corporation Non-GAAP Reconciliations Barclays CEO Energy-Power Conference Adjusted Diluted EPS Guidance The materials for Duke Energy’s Barclays CEO Energy-Power Conference include a reference to the forecasted 2017 adjusted diluted EPS guidance range of $4.50 - $4.70 per share. The mate
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