Energy Bill Assistance Available for Qualified Duke Energy Florida Customers Accessibility StatementSkip NavigationIn 2025, nearly $30.5 million in energy bill assistance was provided in Florida, helping nearly 31,000 customersMultiple financial assistance programs are available for eligible customersST. PETERSBURG, Fla., March 25, 2026 /PRNewswire/ -- As Duke Energy Florida's storm cost recovery charges have been removed from customer bills as of February, dropping residential bills approximately $44 for e ...

The AI revolution has now reached an inflection point where the primary constraint is no longer on silicon but the scarcity of "instant" electricity. As hyperscalers compete to secureFirst Principles Partners is an equity research analyst specializing in technology, innovation, and sustainability investment. My unique approach, "First Principles," involves breaking down complex problems to their most basic elements in terms of financial and technology, enabling me to uncover overlooked investment opportunit ...

Core Thesis - Duke Energy Corporation (DUK) is viewed positively due to its strong regulated utility position and potential for growth driven by infrastructure investments and increasing electricity demand from AI and data centers [3][4][6]. Company Overview - Duke Energy operates as a regulated utility, providing electricity to 8.6 million retail customers and natural gas to over 1.7 million customers across several states including the Carolinas, Florida, Indiana, Ohio, and Kentucky [3]. - The company has transitioned to a "pure-play" utility model, focusing on stable, rate-regulated returns by divesting from volatile commercial assets [3]. Growth Potential - Duke Energy is expected to benefit from a significant infrastructure build-out and a surge in electricity demand, with 4.5 GW of new data center load already signed and an additional 9 GW under evaluation [4]. - The company has a $103 billion five-year capital plan aimed at clean generation and grid modernization, which is projected to support long-term EPS growth of 5% to 7% [4]. Valuation and Price Target - Current valuations show a trailing P/E of 20.3x and a PEGY of 2.08, with a bullish price target range of $140 to $155 over the next 12 months, driven by AI-related load growth and improvements in North Carolina's return on equity [5]. - The company’s strong dividend track record and state-granted monopoly contribute to a resilient cash flow profile, making it an attractive investment [5][6]. Investment Outlook - Despite facing temporary structural challenges, such as negative owner earnings due to high capital spending, Duke Energy is positioned for long-term value compounding, appealing to investors seeking defensive growth [6]. - The accelerating demand for energy driven by AI presents significant upside potential for Duke Energy, particularly for investors entering at current levels [6].

Monitor energy use with alerts - ahead of the summer heat Accessibility StatementSkip NavigationST. PETERSBURG, Fla., March 20, 2026 /PRNewswire/ -- As temperatures begin rising across the state, Duke Energy Florida encourages customers to explore its Usage Alerts program, a tool designed to help monitor energy use and better anticipate monthly bills before it arrives.How Usage Alerts work: Customers with a smart meter and an email address on file are automatically enrolled to receive alerts that provide in ...

Duke Energy invests $500,000 to strengthen storm preparedness across North Carolina Accessibility StatementSkip Navigation CHARLOTTE, N.C., March 19, 2026 /PRNewswire/ -- Duke Energy Foundation is awarding $500,000 in grants to support local storm preparedness and emergency readiness initiatives across North Carolina. What's new: Funding will help organizations bolster natural disaster readiness through: Why it matters: North Carolina continues to face increasingly frequent and severe storms. These grants h ...

Duke Energy partners with colleges to train next generation of lineworkers Accessibility StatementSkip Navigation ST. PETERSBURG, Fla., March 19, 2026 /PRNewswire/ -- Through the Duke Energy Foundation, Duke Energy is awarding Lake-Sumter State College, Seminole State College of Florida, Valencia College, St. Petersburg College and South Florida State College each $50,000 to support their electrical lineworker training programs. Why it matters What they're saying Each program provides students with industry ...

Core Insights - Duke Energy has launched the 10 megawatt (MW) Ebbie Solar project in Marion, South Carolina, marking the first project under its updated Green Source Advantage program [1][6] - The Renewable Choice program has exceeded enrollment targets in 2025, indicating strong demand from large commercial and industrial customers for clean energy access [1][6] Group 1: Project Details - The Ebbie Solar facility is expected to generate over 23,000 megawatt-hours (MWh) of clean electricity annually, supporting the Schaeffler Group's sustainability goals [3] - The project was developed by Headwater Energy and supported by Enel X Advisory Services [4] Group 2: Customer Impact - Schaeffler will offset approximately 25% of the energy consumption across its three Cheraw plants through the clean electricity generated by the Ebbie Solar project [4] - Duke Energy's Renewable Choice program has subscribed 57 MW of new renewable capacity, allowing eligible nonresidential customers to match up to 100% of their electricity use [6] Group 3: Industry Context - Demand for renewable energy continues to grow among businesses, prompting Duke Energy to enhance its clean energy offerings [5] - Duke Energy is committed to an ambitious energy transition, focusing on reliability and value while investing in cleaner generation and grid upgrades [8]

Core Insights - Duke Energy's Green Source Advantage Express (GSA Express) program has exceeded initial enrollment targets, indicating strong demand for renewable energy solutions among large business customers in North Carolina [1][3]. Program Overview - GSA Express allows nonresidential customers to subscribe to capacity from new renewable energy facilities on Duke Energy's grid, enabling them to match up to 100% of their annual electricity use without needing to secure offsite generation [2]. - The program was developed as a more streamlined solution compared to the standard Green Source Advantage plan, responding to customer feedback for a simpler approach to accessing renewable energy [3]. Customer Participation - Early participants in the GSA Express program include Cisco, United States Cold Storage Inc., and Daimler Truck North America, showcasing the program's appeal to organizations focused on sustainability [3][6]. - The program reserves 10% of additional capacity each calendar year for new business customers, which will be available to large business customers in the fourth quarter of 2026 if not subscribed [4]. Benefits and Features - GSA Express generates revenue from the sale of clean energy environmental attributes (CEEAs), benefiting all Duke Energy retail customers, regardless of their participation in the program [3]. - Duke Energy has launched an Environmental Attribute Tracking tool in partnership with Cleartrace to support accurate emissions reporting, providing customers with verified tracking of clean energy attributes and associated carbon reductions [7]. Company Background - Duke Energy is a Fortune 150 company headquartered in Charlotte, N.C., serving 8.6 million customers across multiple states and owning 55,100 megawatts of energy capacity [8]. - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner generation sources, including natural gas, nuclear, renewables, and energy storage [9].

Core Viewpoint - Duke Energy is preparing for severe weather conditions, including high winds and potential tornadoes, which may lead to power outages and downed trees and power lines [1]. Company Overview - Duke Energy, a Fortune 150 company based in Charlotte, N.C., serves 8.6 million electric customers across several states and has a total energy capacity of 55,100 megawatts [4]. - The company also provides natural gas services to 1.7 million customers in multiple states [4]. Energy Transition and Infrastructure - Duke Energy is focused on an ambitious energy transition, prioritizing customer reliability and value while investing in electric grid upgrades and cleaner energy sources, including natural gas, nuclear, renewables, and energy storage [5]. Customer Preparedness and Safety Measures - Customers are advised to prepare for potential outages by charging devices, gathering emergency supplies, and updating their Duke Energy app and account information [7]. - The company emphasizes the importance of safety, urging customers to avoid downed power lines and to report outages through various channels [7]. - Despite infrastructure improvements, severe weather can still lead to extended outages, and restoration efforts may be delayed due to hazardous conditions [7].

Core Insights - Duke Energy Foundation is investing $500,000 in South Carolina through its HERO grant program to enhance emergency preparedness and response to severe weather events [1] - The HERO program, now in its fifth year, aims to support first responders by filling critical gaps in resources and training [1] Funding and Application Details - Grants of up to $20,000 will be available for South Carolina government agencies and qualified nonprofits to fund training, equipment, and materials for weather-related emergencies [1] - Applications for the grants will open on March 19 and close on April 25 [1] Impact and Historical Context - Since 2022, Duke Energy's HERO grants have funded 137 microgrants in South Carolina, totaling $2.5 million in support over five years [1] - The funding is particularly relevant following severe weather events, including Hurricane Helene, which highlighted the need for improved emergency response capabilities [1] Testimonials and Community Feedback - Local emergency services coordinators have expressed gratitude for the support, noting that the grants have significantly enhanced their operational capabilities during severe weather events [1] - Specific examples include the acquisition of equipment that doubled treatment capacity for winter weather and the deployment of traffic management resources during storms [1] Company Overview - Duke Energy is a major energy holding company serving 8.6 million electric customers and 1.7 million natural gas customers across several states [1] - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner energy generation methods [1]