The total monthly impact of these rate changes for a residential customer using 1,000 kilowatt-hours (kWh) per month would be a decrease of $19.60, from $142.23 to $122.63. Duke Energy Carolinas serves about 660,000 households and businesses primarily in the Upstate of South Carolina, including Greenville, Spartanburg and Anderson counties. The company's other South Carolina utility – Duke Energy Progress – made its annual fuel filing in April. Duke Energy Carolinas makes no profit from the fuel component o ...

Company offers easy, low- to no-cost tips to lower energy use, increase savings Duke Energy Florida lowered rates twice so far this year ST. PETERSBURG, Fla., July 24, 2024 /PRNewswire/ -- Duke Energy Florida is showing customers easy do-ityourself projects to help maximize energy efficiency through the peak of the sizzling summer heat. The company has also decreased rates in January and again in June. Residential customers are paying approximately $17 per 1,000 kWh less today, compared to one year ago. Cus ...

Duke Energy (DUK) closed at $107.12 in the latest trading session, marking a -0.39% move from the prior day. This move lagged the S&P 500's daily loss of 0.16%. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw a decrease of 0.06%. The electric utility's stock has climbed by 5.94% in the past month, exceeding the Utilities sector's gain of 0.93% and the S&P 500's gain of 1.96%. The investment community will be paying close attention to the earnings performance of Duke E ...

"North Carolina already ranks fourth in the nation for overall solar power with approximately 45,000 Duke Energy customers generating about 350 megawatts through solar panels," said Meghan Dewey, vice president of products and services for Duke Energy. "PowerPair is a valuable solution for our customers ready to invest in solar plus storage for their homes. It is one of several ways we're helping our customers save energy and money, while continuing to explore new ways to help manage low carbon grids of the ...

Investors should also note that DUK has a PEG ratio of 2.93 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Utility - Electric Power industry stood at 2.58 at the close of the market yesterday. The Utility - Electric Power industry is part of the Utilities sector. This industry, currently bearing a Zacks Industry Rank of 101, finds itself in the top 41% echelons of a ...

ST. PETERSBURG, Fla., July 15, 2024 /PRNewswire/ -- Duke Energy Florida, consumer representatives and business groups reached a comprehensive agreement that increases reliability and advances the clean energy vision for the state, while focusing on ways to assist and pass on savings to customers. Duke Energy Florida has already reduced rates twice this year with reductions in January and June. Residential customers are paying approximately $17 per 1,000 kWh less today, compared to one year ago. If approved, ...

Source: Andrii Yalanskyi / Shutterstock Indeed, Xcel shares are down 15% year-to-date, bringing the stock down to less than 15 times forward earnings. Despite the firm's massive capital investment program, Xcel offers investors a solid 4.2% dividend yield, which it has hiked for 21 years in a row. On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article. These factors could end the country's roughly flat electri ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Duke Energy (DUK) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Duke Energy currently has an ...

Summer tips to keep cool and save Power Manager®: Get rewarded by helping shift energy use away from peak periods. By enrolling one or more of your home's appliances in Power Manager, you'll be supporting clean energy goals. Plus, receive bill credits for making a difference in your community. Find out if you qualify. (Please note: The name of this program may differ depending on where you live. EnergyWise® Home is available in the Duke Energy Progress service area and is the equivalent offering to Power Ma ...

Duke Energy Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear. Media Contact: Gillian Moore 24-Hour: 800.559.3853 SOU ...