Duke Energy Florida restores power for several counties impacted by Hurricane Milton; outages decrease from 1 million to approximately 105,000

Core Insights - Duke Energy Florida has restored power to over 95% of customers in multiple counties following Hurricane Milton, exceeding estimated restoration times [2][4] - As of October 14, total storm-related outages have decreased from over 1 million to approximately 105,000, with most remaining outages in Pinellas and Pasco counties expected to be resolved by the end of October 15 [3][4] Company Overview - Duke Energy Florida, a subsidiary of Duke Energy, operates with 12,300 megawatts of energy capacity, serving 2 million customers across a 13,000-square-mile area in Florida [7] - Duke Energy, a Fortune 150 company, serves 8.4 million customers across several states and owns a total of 54,800 megawatts of energy capacity [8] Clean Energy Transition - Duke Energy is focused on 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 [9] - The company is investing in electric grid upgrades and cleaner energy sources, including renewables, natural gas, and nuclear [9]