Home energy bills will decrease 12.7% Decrease more than offsets base rate increase that took effect in AugustGREENVILLE, S.C., Oct. 31, 2024 /PRNewswire/ -- Duke Energy Carolinas customers in South Carolina will see their electric rates fall starting Nov. 1 as part of an annual adjustment for the cost of fuel used to generate electricity at its power plants. As approved by the Public Service Commission of South Carolina (PSCSC), today's average monthly residential bill will decrease by 12.7%.The total mon ...

In the latest market close, Duke Energy (DUK) reached $114, with a -0.36% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.33%. Meanwhile, the Dow lost 0.22%, and the Nasdaq, a tech-heavy index, lost 0.56%. The electric utility's stock has dropped by 1.56% in the past month, exceeding the Utilities sector's loss of 4.45% and lagging the S&P 500's gain of 1.83%. Analysts and investors alike will be keeping a close eye on the performance of Duke Energy in its upcoming earn ...

For Immediate Releases Chicago, IL – October 30, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including Rowe Price Group Inc. (TROW) , Duke Energy Corp. (DUK) , Philip Morris International Inc. (PM) and Regions Financial Corp. (RF) . Here are highlights from Wednesday's Analyst Blog: Buy 4 High-Yield Large-Cap ...

U.S. stock markets are expected to close 2024 on an impressive note after an astonishing bull run in 2023. Year to date, the three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — have rallied 12.4%, 22.8% and 25.7%, respectively. Historically, September and October are known as the worst-performing months on Wall Street. This year, in September, the Dow, the S&P 500 and the Nasdaq Composite — were up 1.9%, 2%, and 2.7%, respectively. The broad-market benchmark — the S&P 500 — posted it ...

Duke Energy (DUK) ended the recent trading session at $117.06, demonstrating a -0.13% swing from the preceding day's closing price. This change lagged the S&P 500's 0.27% gain on the day. Elsewhere, the Dow saw an upswing of 0.65%, while the tech-heavy Nasdaq appreciated by 0.26%.The electric utility's stock has climbed by 1.07% in the past month, exceeding the Utilities sector's loss of 2.82% and lagging the S&P 500's gain of 2%.Market participants will be closely following the financial results of Duke En ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? 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 average brokerage recommendati ...

With added options, Green Source Advantage Choice helps large businesses access renewable energy on Duke Energy's gridCHARLOTTE, N.C., Oct. 22, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has received approval for Green Source Advantage Choice (GSA-C) in North Carolina, a program that provides the opportunity for large business customers to support renewable energy development by supplementing their power usage with 100% renewable, carbon-free generation."Green Source Advantage Choice builds upon the succe ...

The company met or exceeded estimated times of restoration for all counties Storm-related outages decreased from over 1 million to approximately 3,000 Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images. ST. PETERSBURG, Fla., Oct. 17, 2024 /PRNewswire/ -- Duke Energy Florida has restored power for over 99% of customers impacted by Hurricane Milton, meeting or exceeding estimated times of restoration for all counties, including those in Central Florida. As of 9 ...

Duke Energy's (DUK) systemic investments to modernize infrastructure and expanding renewable generation portfolio are likely to further enhance the reliability of its operations. Given its growth opportunities, Duke Energy makes for a solid investment option in the Utility sector. Let's focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment. DUK's Growth Projections & Surprise History The Zacks Consensus Estimate for DUK's 2024 earnings per share (is pinned at ...

Storm-related outages across the company's service territory have decreased from over 1 million to approximately 30,000 Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images. ST. PETERSBURG, Fla., Oct. 15, 2024 /PRNewswire/ -- Duke Energy Florida has completed more than 99% of power restoration in Pasco County, as well as all other counties impacted by Hurricane Milton. In total, storm-related power outages across the company's service territory have decreased f ...