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Duke Energy commits $500,000 to boost local storm preparedness initiatives in North Carolina
DUKDuke Energy(DUK) Prnewswire·2025-02-27 16:06

Core Insights - Duke Energy Foundation has committed 500,000tosupportstormpreparednesseffortsinNorthCarolina,invitingeligibleorganizationstoapplyforgrantsofupto500,000 to support storm preparedness efforts in North Carolina, inviting eligible organizations to apply for grants of up to 25,000 [1][4] - The initiative emphasizes the importance of collaboration among emergency management agencies, first responders, and nonprofit organizations in enhancing community resilience to natural disasters [2] - Since 2020, the Duke Energy Foundation has awarded nearly 5.6millionforstormpreparednessinNorthCarolina,fundingvariousinitiativessuchasfloodgaugeinstallationsandweatherradiodistributions[3]GrantDetails−ApplicationsforthegrantswillbeaccepteduntilApril25at5p.m.ET,withinterestedorganizationsencouragedtoapplythroughtheDukeEnergyFoundation′swebsite[4]−Thegrantswillsupportarangeofstormpreparednessinitiatives,includingcommunitytraining,innovativeplanning,andspecializedtrainingforfirstresponders[9]CompanyOverview−DukeEnergyisaFortune150companyheadquarteredinCharlotte,N.C.,serving8.4millionelectriccustomersand1.7millionnaturalgascustomersacrossseveralstates[6]−Thecompanyisfocusedonanambitiousenergytransition,investinginelectricgridupgradesandcleanerenergygenerationmethods[7]−DukeEnergyFoundationprovidesover5.6 million for storm preparedness in North Carolina, funding various initiatives such as flood gauge installations and weather radio distributions [3] Grant Details - Applications for the grants will be accepted until April 25 at 5 p.m. ET, with interested organizations encouraged to apply through the Duke Energy Foundation's website [4] - The grants will support a range of storm preparedness initiatives, including community training, innovative planning, and specialized training for first responders [9] Company Overview - Duke Energy is a Fortune 150 company headquartered in Charlotte, N.C., serving 8.4 million electric customers and 1.7 million natural gas customers across several states [6] - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner energy generation methods [7] - Duke Energy Foundation provides over 30 million annually in philanthropic support to meet community needs [5]