Income Taxes

3 Months Ended

Mar. 31, 2015

Income Tax Disclosure [Abstract]

Income Taxes

INCOME TAXES

The effective tax rates from continuing operations for each of the Duke Energy Registrants are included in the following table.

	Three Months Ended March 31,
	2015		2014
Duke Energy	31.9	%	31.2	%
Duke Energy Carolinas	35.8	%	37.4	%
Progress Energy	35.4	%	36.9	%
Duke Energy Progress	33.8	%	36.6	%
Duke Energy Florida	38.6	%	38.5	%
Duke Energy Ohio	36.7	%	36.4	%
Duke Energy Indiana	36.6	%	36.8	%

The decrease in the effective tax rate for Duke Energy Carolinas for the three months ended March 31, 2015 is primarily due to the reduction of state rates in certain jurisdictions and the tax benefit related to the manufacturing deduction in 2015 as the prior-year deduction was limited by taxable income.

The decrease in the effective tax rate for Progress Energy for the three months ended March 31, 2015 is primarily due to an increase in AFUDC-equity.

The decrease in the effective tax rate for Duke Energy Progress for the three months ended March 31, 2015 is primarily due to an increase in AFUDC-equity.