Duke Energy(DUK)
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Duke Energy files 2025 Carolinas Resource Plan, continues modernizing energy infrastructure to support future growth
Prnewswire· 2025-10-01 12:00
Core Viewpoint - Duke Energy has filed its 2025 Carolinas Resource Plan, which aims to meet customer growth needs while maintaining reliability and keeping costs low, with projected average customer bill impacts of 2.1% annually over the next decade, lower than inflation and previous plans [2][3][6]. Group 1: Economic Impact and Growth - The plan addresses rising electricity demand in the Carolinas, driven by economic growth, with over 25,000 jobs and $19 billion in investments announced in North Carolina in 2025, primarily for new manufacturing facilities [3][4]. - Customer energy needs are expected to grow at eight times the rate of the previous 15 years, more than double the growth forecasted in the 2023 plan [4]. Group 2: Policy Adaptation - The 2025 plan adapts to significant policy changes at both state and federal levels, emphasizing reliability and supporting advanced nuclear and battery storage, while providing flexibility for coal and natural gas generation [5][6]. Group 3: Energy Mix and Resource Actions - The recommended energy mix includes: - Nuclear: Evaluation of large light-water reactor technology and small modular reactors, targeting new nuclear generation by 2037 [7]. - Natural Gas: Maintenance of five combined-cycle units and an increase in combustion turbines to meet load growth, along with enhanced liquefied natural gas storage [7]. - Solar: Targeting 4,000 megawatts by 2034, maintaining procurement targets to maximize federal tax credits [7]. - Battery Storage: Expanded to 5,600 megawatts by 2034, an increase of 2,900 megawatts over previous projections [7]. Group 4: Efficiency and Resource Maximization - The company is focused on maximizing the efficiency of existing resources to meet near-term growth needs while minimizing costs to customers [8]. - Future filings will continue to adapt resource amounts and target dates based on technological advances and policy changes [8]. Group 5: Regulatory Process and Future Plans - The North Carolina Utilities Commission will hold hearings on the resource plan in 2026, with an order expected by December 31, 2026 [10]. - Duke Energy plans to file a resource plan update with the Public Service Commission of South Carolina later this year [10]. Group 6: Company Overview - Duke Energy Carolinas and Duke Energy Progress serve millions of customers across North Carolina and South Carolina, with a combined energy capacity of 34,600 megawatts [11][15]. - The company is committed to an energy transition focused on reliability and value, investing in electric grid upgrades and cleaner generation sources [15].
Duke Energy and its Foundation surpass $30 million over 10 years to support community resilience, disaster relief efforts
Prnewswire· 2025-09-30 16:54
Core Insights - Duke Energy Foundation has invested $33.8 million in nonprofit organizations since 2016 to enhance community resilience, emergency preparedness, and disaster relief [1][2]. Funding and Support - The investments span across Duke Energy's service areas in North Carolina, South Carolina, Florida, Indiana, Ohio, Kentucky, and Tennessee, supporting various initiatives [2][5]. - The Foundation collaborates with state and local emergency management agencies, national relief organizations, and community nonprofits to provide tailored support [2][5]. Recent Initiatives - In 2024, over $1 million was awarded to local organizations in North Carolina for storm preparedness and long-term recovery efforts following Hurricane Helene [7]. - The 2025 Helping Emergency Response Organizations (HERO) grant program in South Carolina allocated $500,000, totaling $2 million over four years, funding 137 microgrants [7]. - In Florida, $153,000 was distributed to enhance storm readiness, including initiatives like installing AEDs and providing storm kits for vulnerable populations [7]. - More than $47,000 in grants were provided to Indiana, Ohio, and Kentucky for recovery from severe flooding and tornadoes [7]. Company Overview - Duke Energy is one of America's largest energy holding companies, serving 8.6 million customers and owning 55,100 megawatts of energy capacity [4][8]. - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner energy sources, including natural gas, nuclear, renewables, and energy storage [9].
杰富瑞下调杜克能源目标价至134美元
Ge Long Hui A P P· 2025-09-28 09:01
格隆汇9月28日|杰富瑞将杜克能源的目标价从141美元下调至134美元,评级从"买入"下调至"持有"。 (格隆汇) ...
Tesla To Rally Around 3%? Here Are 10 Top Analyst Forecasts For Friday - Jabil (NYSE:JBL), Duke Energy (NYSE:DUK)
Benzinga· 2025-09-26 12:35
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.Considering buying TSLA stock? Here’s what analysts think: Read This Next: Photo via ShutterstockLoading...Loading... ...
Duke Energy helps communities across Ohio and Kentucky prepare sites to bring local investment, jobs
Prnewswire· 2025-09-24 18:13
Core Insights - Duke Energy has selected three properties in Southwest Ohio and Northern Kentucky for its 2025 Site Readiness Program, aimed at preparing high-potential business and industrial sites for economic development investments [1][4]. Group 1: Economic Impact - Since 2010, Duke Energy's Site Readiness Program has evaluated 42 sites in Ohio and Kentucky, resulting in 20 companies committing to grow on these sites, which collectively bring over $2 billion in capital investments and 5,400 new jobs to the region [2][6]. - In 2024 alone, Duke Energy facilitated the recruitment of $548 million in new capital investment and over 1,000 jobs across Ohio and Kentucky [4]. Group 2: Program Details - The Site Readiness Program helps communities enhance their competitiveness for economic development, leading to new jobs and a broader tax base [3]. - Duke Energy collaborates with the Site Selection Group, Bayer Becker, REDI Cincinnati, BE NKY Growth Partnership, and local governments to implement the program [3]. Group 3: Selected Properties - The three properties selected for the 2025 program include: 1. Frick Family Farms in Monroe, Ohio (Butler County) 2. Union Ren Farms in Middletown, Ohio (Warren County) 3. Commonwealth Commerce Center in Northern Kentucky (Pendleton County) [4]. Group 4: Recognition - Duke Energy has been recognized for 21 consecutive years by Site Selection magazine as one of the "Top Utilities in Economic Development" [4].
Duke Energy: One For The Investment Watchlist (NYSE:DUK)
Seeking Alpha· 2025-09-24 03:02
If you enjoyed this analysis, consider subscribing to Green Growth Giants for timely access to the article. Besides news updates on segments within the decarbonisation economy, community members have access to a host of other analyses that includes a model portfolio, top-down sectoral coverage, in-depth stock research, educational pieces and rankings of ETFs based on proprietary methodology.After a decade and a half of stagnant electricity demand in the US up to 2020, the number is expected to inch up by 1. ...
NEE vs. DUK: Which Utility Stock Has Better Growth Potential Now?
ZACKS· 2025-09-22 17:21
Industry Overview - The Zacks Utility - Electric Power industry is characterized by a regulated structure that supports stable, long-term income, minimizing earnings volatility [1] - The sector is seen as a dependable choice for income-focused investors due to steady electricity demand and attractive dividend yields [1] Transition to Clean Energy - The U.S. electric utilities industry is evolving with a focus on clean energy, driven by investments in grid modernization and renewable integration supported by federal incentives [2] - Utilities like NextEra Energy and Duke Energy are leading this transformation, positioning themselves for sustainable long-term growth in the green energy economy [2] Company Profiles NextEra Energy - NextEra Energy is recognized for its significant investments in renewable energy, including wind, solar, and battery storage, managing one of the largest portfolios of such projects globally [3] - The company has a strong financial position and a proven record of innovation, offering stability and long-term growth aligned with the green energy movement [3] Duke Energy - Duke Energy is advancing its clean energy transformation with goals to reduce carbon emissions by 50% by 2030 and achieve net-zero by 2050, alongside plans to double renewable capacity by 2030 [4] - The company continues to invest in modern infrastructure and cleaner technologies, providing stable, regulated returns while positioning for long-term growth [4] Earnings Growth Projections - NextEra Energy's earnings per share estimates for 2025 and 2026 have increased by 7.29% and 7.91% year-over-year, respectively, with long-term growth projected at 7.89% [6] - Duke Energy's earnings per share estimates for the same years have increased by 7.12% and 6.06%, with long-term growth projected at 6.56% [8] Financial Performance Metrics - NextEra Energy has a return on equity (ROE) of 12.31%, surpassing Duke Energy's 9.85% and the industry average of 10.35% [7][10] - NextEra Energy's debt-to-capital ratio is 60.48%, slightly lower than Duke Energy's 62.69% and the industry average of 60.89% [13] Capital Expenditure Plans - NextEra Energy plans to invest approximately $74.6 billion from 2025 to 2029 to enhance its infrastructure and clean electricity generation assets [16] - Duke Energy plans to invest $87 billion in the same period to strengthen its electric transmission, distribution, and generation infrastructure [16] Dividend Yield - NextEra Energy's current dividend yield is 3.19%, while Duke Energy's is 3.52%, both higher than the S&P 500's yield of 1.52% [18] Valuation - NextEra Energy is trading at a Price/Earnings Forward 12-month ratio of 18.21X, slightly cheaper than Duke Energy's 18.26X, compared to the industry average of 14.43X [21] Conclusion - NextEra Energy shows better earnings estimate movements, stronger ROE, and a cheaper valuation, making it a more favorable investment choice compared to Duke Energy [23]
BMO Capital Maintains Bullish Stance on Duke Energy (DUK) Stock
Yahoo Finance· 2025-09-19 04:57
Duke Energy Corporation (NYSE:DUK) is one of the Best Electric Utility Stocks to Buy According to Analysts. On September 7, BMO Capital analyst James Thalacker maintained the bullish stance on the company’s stock, giving a “Buy” rating and the price objective of $132. The analyst’s rating is backed by several key factors demonstrating Duke Energy Corporation (NYSE:DUK)’s healthy financial and operational outlook. The management team showcased confidence in meeting short-term and long-term financial targets ...
Duke Energy offers grants up to $20,000 for South Carolina programs that make homes ready for energy efficiency upgrades
Prnewswire· 2025-09-17 14:00
Core Points - Duke Energy Foundation is offering grants to South Carolina nonprofits to support home repairs that enable energy efficiency improvements [1][3] - Many homes in South Carolina face barriers to weatherization programs due to existing health and safety issues, which the grants aim to address [2][10] - Nonprofits can apply for grants up to $20,000 to fund health and safety repairs necessary for energy efficiency readiness [3][11] Grant Details - The application window for the grants opens on September 17, 2025, and closes on October 30, 2025 [4][10] - Funds are specifically for health and safety repairs, not for direct weatherization or energy efficiency improvements [4][11] - Eligible repairs include roof repairs, electrical upgrades, plumbing fixes, structural stabilization, mold remediation, and pest control [11] Company Initiatives - Duke Energy is increasing incentives and eligibility for energy efficiency programs to encourage participation among residential and business customers [5] - The company is committed to addressing underlying safety issues in homes that hinder energy efficiency efforts [5] - Duke Energy Foundation provides over $30 million annually in philanthropic support to communities [6] Company Overview - Duke Energy is a major energy holding company serving 8.6 million customers across several states and has a capacity of 55,100 megawatts [7] - The company is focused on an ambitious energy transition, investing in electric grid upgrades and cleaner energy sources [8]
Duke Energy (DUK) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-09-16 22:51
Duke Energy (DUK) ended the recent trading session at $120.25, demonstrating a -1.73% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.13% for the day. Meanwhile, the Dow lost 0.27%, and the Nasdaq, a tech-heavy index, lost 0.07%. The electric utility's shares have seen an increase of 0.75% over the last month, surpassing the Utilities sector's loss of 0.17% and falling behind the S&P 500's gain of 2.71%.Market participants will be closely foll ...