Duke Energy Carolinas is seeking a $150.5 million annual revenue increase that would raise electric bills for South Carolina residential customers by more than $10 a month.

State regulators in Raleigh will begin testimony on Duke Energy’s request to build its plant on the same site as another one.

Duke Energy (DUK) ended the recent trading session at $119.83, demonstrating a +1.19% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.14% ...