National Lineworker Appreciation Day, April 18, recognizes the men and women who power the lives of millions across the country More than $1.8 million invested in college lineworker programs to strengthen the talent pipeline in Florida ST. PETERSBURG, Fla., April 11, 2024 /PRNewswire/ -- As the energy industry continues to evolve, one thing remains: The job of a lineworker is critical to the safe and efficient delivery of power for customers now and into the future. On April 18, Duke Energy recognizes Nat ...

Duke Energy Corp. (DUK) is set to administer its application, PowerPair, for installing residential solar power generation with battery energy storage for its customers in North Carolina. PowerPair is a new incentive-based pilot program offered to DUK’s customers in Duke Energy Carolinas and Duke Energy Progress service areas.Duke Energy has developed PowerPair in partnership with several stakeholder groups under the guidance of the North Carolina Utility Commission.Benefits of the ProgramThis one-time ince ...

If approved, the company's rate reduction request will reduce a typical residential customer bill of 1,000 kWh by almost $6 The proposed reduction is in addition to a bill rate decrease of about $11 that began in January ST. PETERSBURG, Fla., April 8, 2024 /PRNewswire/ -- For the second time this year, a typical Duke Energy Florida customer will see lower electric bills, this time because of a rate reduction the company is proposing to begin in June to reflect anticipated lower fuel prices. The company fi ...

Customers could receive up to $9,000 as a one-time incentive to help lower the cost of installing solar and battery storage Programs explore new ways to help manage low carbon grids of the future  CHARLOTTE, N.C., April 4, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) is implementing PowerPairSM, a new incentive-based pilot program for installing home solar generation with battery energy storage in its Duke Energy Carolinas and Duke Energy Progress service areas in North Carolina. The company received appr ...

Electric grid security and investments to serve a growing state are also key parts of the request Voluntary 'time-of-use' rates proposed to help manage customer bills PLAINFIELD, Ind., April 4, 2024 /PRNewswire/ -- A modernized electric grid more resistant to power outages, hundreds of miles of new power lines, environmental responsibilities, increased electric grid security and new systems for customer convenience are some of the key parts of Duke Energy's Indiana rate request submitted to state utility ...

Company also filed new proposed energy efficiency programs ST. PETERSBURG, Fla., April 2, 2024 /PRNewswire/ -- Today, Duke Energy Florida filed for new base rates with the Florida Public Service Commission (FPSC). The company stated it would also reduce rates by filing a fuel mid-course adjustment. Additionally, the company requested approval of new cost-effective energy efficiency goals and programs, which will help customers save on energy bills. Base Rates The base rate filing proposes smart investmen ...

In the latest trading session, Duke Energy (DUK) closed at $96.07, marking a -0.66% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.2%. On the other hand, the Dow registered a loss of 0.6%, and the technology-centric Nasdaq increased by 0.11%.Shares of the electric utility witnessed a gain of 6.44% over the previous month, beating the performance of the Utilities sector with its gain of 4.53% and the S&P 500's gain of 3.32%.Investors will be eagerly watching for th ...

Company seeks recovery of investments in system reliability and improvements to support new and existing customers Request includes rate reductions for natural gas costs and income tax payment credits passed to customers CHARLOTTE, N.C., April 1, 2024 /PRNewswire/ -- Following significant infrastructure investments in recent years to support the ongoing reliability, safety and growth of its system, Piedmont Natural Gas today filed a request with the North Carolina Utilities Commission to raise its base ra ...

April is National Safe Digging Month, recognizing the importance of calling 811 before digging to have utility lines marked. Underground electric and natural gas lines were hit over 10,300 times in 2023. Video here: Learn more about how the 811 process works. CHARLOTTE, N.C., April 1, 2024 /PRNewswire/ -- In recognition of National Safe Digging Month, Piedmont Natural Gas and Duke Energy are reminding customers and professional excavators to call 811 before digging to protect the nation's underground util ...

Robinson Solar Center will be key next step to transitioning to cleaner energy economy for the state Project builds on long history of powering the economy of the Pee Dee region GREENVILLE, S.C., March 22, 2024 /PRNewswire/ -- Duke Energy Progress today requested approval by the Public Service Commission of South Carolina (PSCSC) to build and own a 76-megawatt utility-scale solar power facility adjacent to the existing Robinson Nuclear Plant site located in both Chesterfield and Darlington counties. "Maki ...