CHARLOTTE, N.C. – Duke Energy Corp. will take a $104.9 million second-quarter charge to help foot a $207.5 million settlement of claims it overcharged for wholesale electricity during the California energy crisis, the company said Tuesday.

The Charlotte-based energy company said the pretax charge will be reflected in results it is scheduled to release July 29.

The balance of the settlement will come from $102.6 million in previously announced reserve and associated offsets, Duke said.

Shares of Duke Energy fell 12 cents to close at $20.59 Tuesday on the New York Stock Exchange.

Duke Energy owns Maine Independence, a power generation facility located in Veazie.