Public Service Commission of South Carolina approves nearly all components of a settlement agreement Outcome supports company's efforts to increase system reliability, diversityand enhance the customer experience while keeping rates below national average GREENVILLE, S.C., July 8, 2024 /PRNewswire/ -- The Public Service Commission of South Carolina (PSCSC) has approved new customer rates based on a settlement agreement with almost all parties in the Duke Energy Carolinas rate review request filed with the c ...

ST. PETERSBURG, Fla., July 2, 2024 /PRNewswire/ -- When severe weather strikes, customers count on essential workers to help communities recover, and Duke Energy has been recognized for its efforts during Hurricane Idalia as an Edison Electric Institute (EEI) Emergency Response Award recipient. The Emergency Response Awards recognize recovery and assistance efforts of electric companies following service disruptions caused by extreme weather or other natural events. On Aug. 30, 2023, Hurricane Idalia, a dev ...

Company shares programs, tips, tools and available assistance to help save money and manage your bill GREENVILLE, S.C., July 2, 2024 /PRNewswire/ -- Warmer-than-average temperatures could hit South Carolina this summer, according to the National Oceanic and Atmospheric Administration seasonal temperature outlook. But before summer temperatures soar, Duke Energy is offering ways customers can take control of their energy use. "Once thing is certain as we prepare to celebrate the Fourth of July in the Palmett ...

More than 113,000 customers were affected by the storm 1,170 working to complete power restoration The hard-hit areas of Bloomington and Terre Haute remain the focus of power restoration. The company estimates the majority of customers in Terre Haute will be returned to service by 6 p.m. Thursday and in Bloomington by midnight, although most will receive their power sooner. Power restoration process Tips on what to do before, during and after a storm can be found at duke-energy.com/safety-andpreparedness/st ...

The investment community will be closely monitoring the performance of Duke Energy in its forthcoming earnings report. The company is expected to report EPS of $0.99, up 8.79% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $6.65 billion, indicating a 1.06% upward movement from the same quarter last year. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party au ...

PLAINFIELD, Ind., June 26, 2024 /PRNewswire/ -- Duke Energy has restored power to more than 43,000 customers who were affected by the supercell storm that ripped through Indiana yesterday, causing more than 95,000 power outages. Approximately 52,000 remain out of service as of 11 a.m. today. "We have brought in more than 730 additional resources – linemen, damage assessors and tree clearing workers – to supplement our statewide workforce and speed power restoration," said Duke Energy Indiana President Stan ...

Funding will help equip Floridians and first responders with valuable information and supplies ahead of storms and emergency events The Duke Energy Foundation, funded by Duke Energy shareholders, recently awarded $180,000 in emergency preparedness and resiliency grants to 13 organizations and agencies in Florida. The grants will help fund storm kits for seniors, community education and outreach materials, as well as special equipment for first responders, among other initiatives led by local emergency manag ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Brokerage Recommendation Trends for DUK This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would t ...

Prior to today's trading, shares of the electric utility had lost 3.3% over the past month. This has was narrower than the Utilities sector's loss of 6.21% and lagged the S&P 500's gain of 3.59% in that time. For the full year, the Zacks Consensus Estimates project earnings of $5.97 per share and a revenue of $29.99 billion, demonstrating changes of +7.37% and +3.21%, respectively, from the preceding year. It is also important to note the recent changes to analyst estimates for Duke Energy. These recent rev ...

Duke Energy (DUK) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering ...