ST. PETERSBURG, Fla., Feb. 2, 2026 /PRNewswire/ -- Duke Energy thanks its customers across Florida for reducing their electricity use on Monday morning as extreme cold pushed demand for power higher than normal. Customers' actions helped lessen strain on the electric grid and supported reliable service during one of the coldest mornings of the season. "Customer conservation made a meaningful difference today," said Melissa Seixas, Duke Energy Florida state president. "We appreciate every household and busi ...

CHARLOTTE, N.C., Feb. 2, 2026 /PRNewswire/ -- Duke Energy thanks its customers across the Carolinas for reducing their electricity use on Monday morning as extreme cold pushed demand for power higher than normal. Customers' actions helped lessen strain on the electric grid and supported reliable service during one of the coldest mornings of the season. "Customer conservation made a meaningful difference today," said Gerald Wilson, Duke Energy vice president of grid operations. "We appreciate every household ...

Company Overview - Duke Energy is a Fortune 150 company headquartered in Charlotte, N.C., and is one of America's largest energy holding companies, serving 8.4 million customers across multiple states [3] - The company owns 54,800 megawatts of energy capacity and its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio, and Kentucky [3] Current Situation - Duke Energy is requesting customers to voluntarily reduce their energy use from 5 to 9 a.m. EST on February 2, 2026, due to extremely cold temperatures leading to high electricity demand [1] - The initiative aims to protect the grid and ensure electricity availability for as many customers as possible during this cold spell [1] Customer Engagement - The company acknowledges the challenge of reducing electricity usage and appreciates customer cooperation during this period [2] - Duke Energy Florida serves over 2 million customers across a 13,000-square-mile service area and owns 12,300 megawatts of energy capacity [2] Energy Transition Strategy - Duke Energy is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner generation methods, including natural gas, nuclear, renewables, and energy storage [4]

Core Insights - Extremely cold temperatures are causing high energy demand across the East Coast, prompting Duke Energy to request customers to voluntarily reduce energy use during peak hours [1] - Duke Energy is one of America's largest energy holding companies, serving 8.6 million electric customers and 1.7 million natural gas customers across multiple states [2] - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner energy sources such as natural gas, nuclear, renewables, and energy storage [3] Company Overview - Duke Energy is headquartered in Charlotte, N.C., and is a Fortune 150 company [2] - The company collectively owns 55,100 megawatts of energy capacity [2] - Its electric utilities operate in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky [2] Energy Demand Management - Duke Energy is taking steps to manage energy demand, including maximizing generation and purchasing power [1] - The company is collaborating with large commercial and industrial customers through demand response programs [1] - Customers are encouraged to reduce energy use by adjusting thermostats, avoiding major appliances, and turning off unnecessary devices during peak hours [4]

CHARLOTTE, N.C., Jan. 30, 2026 /PRNewswire/ -- Duke Energy is bracing for a winter storm that's expected to bring widespread snow and gusty winds to portions of the Carolinas this weekend, along with continued frigid temperatures through early next week. The company is asking customers to take steps now to stay safe as conditions worsen. What to watch This storm's anticipated wind gusts pose the greatest risk to the power grid – especially in areas where trees were potentially weakened by the recent ice sto ...

"Duke Energy's team of meteorologists tells us the Sunshine State is in for a bit of a shock this weekend – here in St. Petersburg, where our headquarters have been for more than 125 years, we could see temperatures below freezing for the first time since 2018," said Melissa Seixas, Duke Energy Florida state president. "While we're fully prepared to manage the increased energy consumption we know will come from this cold spell, we hope all of our customers, from the panhandle down to Highlands County, will ...

28 January 2026 | 9:13PM EST Equity Research AMERICAS US Power Pipeline: Total capacity additions reached 80% of GSe in 2025 with ~50 GW added The pace and sourcing of US power infrastructure is a front and center area of focus for investors given implications for the pace of AI deployment as a driver of our 2.6% CAGR in US power demand through 2030. In this note, we analyze the generation capacity data from the EIA to track currently planned and added capacity. We believe Parts/People availability are amon ...

Duke Energy Corporation (NYSE:DUK) is included among the 13 Best February Dividend Stocks to Buy. RBC Capital Trims Duke Energy (DUK) Target in Utilities Sector Preview Pixabay/Public Domain On January 23, RBC Capital analyst Stephen D’Ambrisi trimmed his price target on Duke Energy Corporation (NYSE:DUK) to $140 from $143 while maintaining a Sector Perform rating. The change came as part of a broader research note ahead of fourth-quarter earnings across the utilities sector. D’Ambrisi said that, over t ...

Duke Energy Corporation (NYSE:DUK) is included among the 10 High Yield Utility Stocks to Buy in 2026. Duke Energy (DUK) Declares Quarterly Dividend of $1.065 per Share High-voltage power lines. Electricity distribution station. high voltage electric transmission tower. Distribution electric substation with power lines and transformers. Duke Energy Corporation (NYSE:DUK) engages in the distribution of natural gas and energy-related services. The company owns and operates a diverse mix of regulated power ...

CHARLOTTE, N.C., Jan. 29, 2026 /PRNewswire/ -- Prolonged below-normal temperatures are pushing home energy use higher across the Carolinas Ц and higher use can mean higher bills. Duke Energy is sharing practical steps and flexible options to help customers manage costs during this cold stretch. What's happening: The Carolinas are experiencing an unusually long stretch of cold weather, with several days of temperatures at or below freezing Ц about 10 to 20 degrees below what's typical for this time of year. ...