Rates include upgrades to make the grid more resilient and shorten the duration of outages New programs will give customers more control over energy use and help low-income customers Approval includes performance incentives to hold the utility accountable for reliability, encourage renewables and reduce peak system loads CHARLOTTE, N.C., Jan. 12, 2024 /PRNewswire/ -- Duke Energy Carolinas will implement new rates for North Carolina customers on Jan. 15 as approved by the North Carolina Utilities Commissio ...

B-roll of energy-saving tips to combat the cold available here CINCINNATI, Jan. 12, 2024 /PRNewswire/ -- A wintry mix of precipitation and bitterly cold temperatures are expected to arrive this weekend. Along with severe wind gusts, there is an elevated likelihood for scattered power outages across Ohio and Kentucky. With sub-freezing temperatures on the horizon, Duke Energy is offering some tips for managing energy use and utility bills. Money-saving tips to combat the cold Reduce your thermostat to the ...

Strategically planted trees help improve power reliability, conserve energy and maximize environmental benefits Nearly 12,000 free trees distributed since 2017 through collaboration with the Arbor Day Foundation ST. PETERSBURG, Fla., Jan. 12, 2024 /PRNewswire/ -- In honor of Florida Arbor Day, Duke Energy Florida is collaborating with the Arbor Day Foundation's Energy-Saving Trees program to give away 900 trees to Florida customers. Starting on Florida Arbor Day, Jan. 19, Duke Energy customers can request ...

CHARLOTTE, N.C., Jan. 11, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.025 per share. This dividend is payable on March 18, 2024, to shareholders of record at the close of business on Feb.16, 2024. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on March 18, 2024, to shareholders of record at the close of business Feb.16, 2024. This is equivalent to $0.359375 per depositary sh ...

About 6,000 workers responding to power outages More than 500,000 customers were affected by severe weather CHARLOTTE, N.C., Jan. 10, 2024 /PRNewswire/ -- Duke Energy is working to restore power to remaining customers in the Carolinas following high winds and heavy rainfall that moved through both states Tuesday. Crews have restored service to more than 425,000 customers and are moving resources to areas most impacted to help accelerate restoration. "Duke Energy has about 6,000 line and tree workers in pl ...

The latest trading session saw Duke Energy (DUK) ending at $99.39, denoting a +0.86% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.41% for the day. At the same time, the Dow added 0.58%, and the tech-heavy Nasdaq gained 2.2%.Shares of the electric utility have appreciated by 4.4% over the course of the past month, outperforming the Utilities sector's gain of 3.13% and the S&P 500's gain of 2.9%.The investment community will be paying close attention ...

CHARLOTTE, N.C., Jan. 8, 2024 /PRNewswire/ -- Duke Energy is monitoring and preparing for a severe weather system expected to move through the Carolinas Tuesday that could cause widespread power outages. "There have been many severe weather systems across the nation in recent weeks. Duke Energy meteorologists have been tracking them, and our crews are prepared to respond if needed," said Jason Hollifield, Carolinas Storm Director. "It is our priority to keep our customers informed and encourage them to prep ...

Duke Energy Florida line and tree crews ready to respond Customers encouraged to prepare in advance of severe weather ST. PETERSBURG, Fla., Jan. 8, 2024 /PRNewswire/ -- Duke Energy is monitoring and preparing for a severe weather system expected to move through Florida Tuesday, which may cause widespread power outages. "Forecasts show the potential for strong, gusty winds and severe storms throughout many parts of Duke Energy Florida's service territory," said Todd Fountain, Duke Energy Florida storm dire ...

More than a dozen organizations helping Floridians overcome hunger and financial challenges received donations ST. PETERSBURG, Fla., Jan. 5, 2024 /PRNewswire/ -- Duke Energy has awarded $425,000 to more than a dozen Florida organizations that provide food assistance and other community resources to help seniors and families throughout the state. The funding, provided by the Duke Energy Foundation and Duke Energy Florida, helped wrap up the holiday giving campaigns of many organizations, with many includin ...

Duke Energy (DUK) announced that its subsidiary, Duke Energy Florida, received approval from the Florida Public Service Commission (“FPSC”) to lower rates. Per the revision residential customers using 1,000-kilowatt hours (kWh) of electricity per month will experience a decline of $11.29 or 6%, in their January 2024 electricity bill when compared with December 2023.The reduction in rates will also benefit commercial and industrial consumers of Duke Energy Florida. Customers can expect to save between 5.6% a ...