Duke Energy restores 90% of Carolinas customers capable of receiving power following Helene

Core Insights - Duke Energy has restored power to 90% of customers in the Carolinas affected by storm Helene, with ongoing efforts to restore service to all customers capable of receiving power [2][5] - The severity and scale of damage from the storm are unprecedented, requiring significant resources and time for restoration [5] Restoration Efforts - As of 4 p.m. ET, fewer than 105,000 customers in South Carolina and approximately 141,000 in North Carolina remain without power, with expectations for many to be restored by the end of the weekend [3] - The company is prioritizing the restoration of the backbone of its power system, which is essential for overall service restoration [4] Company Overview - Duke Energy is a Fortune 150 company headquartered in Charlotte, N.C., serving 8.4 million customers across multiple states and owning 54,800 megawatts of energy capacity [6] - The company also serves 1.7 million natural gas customers in several states [6] Clean Energy Transition - Duke Energy is committed to a clean energy transition, aiming for net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050 [7] - The company is investing in electric grid upgrades and cleaner energy sources, including renewables and energy storage [7]