Asset Backed Issuer Distribution Report Form 10 D

SEMI-ANNUAL SERVICER'S CERTIFICATE

Pursuant to Section 4.01(c)(ii) of the Storm Recovery Property Servicing Agreement, dated as of November 24, 2021 (Servicing Agreement), by and between DUKEENERGY CAROLINAS, LLC, as servicer (Servicer), and DUKE ENERGY CAROLINAS NC STORM FUNDING LLC, the Servicer does hereby certify, for the July 1, 2024, Payment Date (Current Payment Date), as follows:

Capitalized terms used but not defined herein have their respective meanings as set forth in the Servicing Agreement. References herein to certain sections and subsections are references to the respective sections of the Servicing Agreement or the Indenture, as the context indicates.

Collection Periods: January 1, 2024 to June 30, 2024

Payment Date: July 1, 2024

1.Collections Allocable and Aggregate Amounts Available for the Current Payment Date:

i.	Remittances for the	January 2024	Collection Period	$	1,482,286.78
ii.	Remittances for the	February 2024	Collection Period	1,743,320.30
iii.	Remittances for the	March 2024	Collection Period	1,422,061.54
iv.	Remittances for the	April 2024	Collection Period	1,204,300.68
v.	Remittances for the	May 2024	Collection Period	1,173,763.39
vi.	Remittances for the	June 2024	Collection Period	939,420.89
vii.
viii.
ix.	Investment Earnings on General Subaccount	121,551.00
x.	Investment Earnings on Capital Subaccount	28,944.14
xi.	Investment Earnings on Excess Funds Subaccount	6,618.27
xii.	General Subaccount Balance (sum of i through xi above)	$	8,122,266.99
xiii.	Excess Funds Subaccount Balance as of prior Payment Date	384,929.73
xiv.	Capital Subaccount Balance as of prior Payment Date	1,186,050.00

2. Outstanding Amounts as of prior Payment Date:

i.	Storm Recovery Series A	2031	Outstanding Amount	$	80,011,213.00
ii.	Storm Recovery Series A	2041	Outstanding Amount	137,210,000.00
iii.	Aggregate Outstanding Amount of all Storm Recovery Bonds	$	217,221,213.00

3. Required Funding/Payments as of Current Payment Date:

Principal	Principal Due
i.	Storm Recovery Series A	2031	$	5,232,416.00
ii.	Storm Recovery Series A	2041	-
iii.	All Storm Recovery Bonds	$	5,232,416.00

Interest
Interest Rate	Days in Interest Period	Principal Balance	Interest Due
iv.	Storm Recovery Series A	2031	1.679	%	181	$	80,011,213.00	$	671,694.13
v.	Storm Recovery Series A	2041	2.617	%	181	137,210,000.00	1,795,392.85
vi.	All Storm Recovery Bonds	$	2,467,086.98
Required Level	Funding Required
vii.	Capital Account	$	1,186,050.00	$	-

4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture:

i.	Trustee Fees and Expenses; Indemnity Amounts	$	(200.00)
ii.	Servicing Fee	59,302.50
iii.	Administration Fee	50,000.00
iv.	Operating Expenses	66,669.26
Storm Recovery Bonds	Aggregate	Per $1,000 of Original Principal Amount
v.	Semi-Annual Interest (including any past-due for prior periods)	$	2,467,086.98
1.	Storm Recovery Series A	2031	$	671,694.13	$	6.72
2.	Storm Recovery Series A	2041	1,795,392.85	13.09
vi.	Principal Due and Payable as a Result of an Event of Default or on Final Maturity Date	$	-
1.	Storm Recovery Series A	2031	$	-	$	-
2.	Storm Recovery Series A	2041	-	-
vii.	Semi-Annual Principal	$	5,232,416.00
1.	Storm Recovery Series A	2031	$	5,232,416.00	$	52.32
2.	Storm Recovery Series A	2041	-	-
viii.	Other unpaid Operating Expenses	$	-
ix.	Funding of Capital Subaccount (to required level)	-
x.	Capital Subaccount Return to Duke Energy Carolinas	15,476.00
xi.	Deposits to Excess Funds Subaccount	224,897.98
xii.	Released to Issuer upon Retirement of all Series Bonds	-
xiii.	Aggregate Remittances as of Current Payment Date	$	8,115,648.72

5. Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date):

i.	Storm Recovery Series A	2031	$	74,778,797.00
ii.	Storm Recovery Series A	2041	137,210,000.00
vi.	Aggregate Outstanding Amount of all Storm Recovery Bonds	$	211,988,797.00
vii.	Excess Funds Subaccount Balance	616,445.98
viii.	Capital Subaccount Balances	1,186,050.00
ix.	Aggregate Collection Account Balance	$	1,802,495.98

6. Subaccount Withdrawals as of Current Payment Date (if applicable, pursuant to Section 8.02(e) of Indenture):

i.	Excess Funds Subaccount	$	-
ii.	Capital Subaccount	28,944.14
iii.	Total Withdrawals	$	28,944.14

7. Shortfalls in Interest and Principal Payments as of Current Payment Date:

i.	Semi-annual Interest
Storm Recovery Series A	2031	$	-
Storm Recovery Series A	2041	-
Total	$	-
ii.	Semi-annual Principal
Storm Recovery Series A	2031	$	-
Storm Recovery Series A	2041	-
Total	$	-

8. Shortfalls in Payment of Return on Invested Capital as of Current Payment Date:

i.	Return on Invested Capital	$	-

9. Shortfalls in Required Subaccount Levels as of Current Payment Date:

i.	Capital Subaccount	$	-

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Semi-Annual Servicer's Certificate.

Date:	June 24, 2024	DUKE ENERGY CAROLINAS, LLC.
as Servicer
By:	/s/ Nicholas G. Speros
Nicholas G. Speros
Director of Accounting