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 ...

The most recent trading session ended with Duke Energy (DUK) standing at $95.41, reflecting a +0.28% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.89% gain on the day. On the other hand, the Dow registered a gain of 1.03%, and the technology-centric Nasdaq increased by 1.25%.Shares of the electric utility have appreciated by 3.48% over the course of the past month, outperforming the Utilities sector's gain of 3.09% and lagging the S&P 500's gain of 3.56%.Market participa ...

OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today announced that its Board of Directors will nominate Annette Clayton, chairwoman and former president and chief executive officer of Schneider Electric North America, for election to the Oshkosh Board at the Company’s 2024 Annual Meeting of Shareholders. “The Oshkosh Board is pleased to nominate Annette, a proven chief executive in the industrial, energy management and techno ...