Media Contact: Gillian Moore 24-Hour: 800.559.3853 News Release Analyst Contact: Abby Motsinger Office: 704.382.7624 February 13, 2025 Duke Energy reports fourth-quarter and full-year 2024 financial results CHARLOTTE, N.C. – Duke Energy (NYSE: DUK) today announced 2024 full-year reported EPS of $5.71, prepared in accordance with Generally Accepted Accounting Principles (GAAP), and adjusted EPS of $5.90. This is compared to reported and adjusted EPS of $3.54 and $5.56, respectively, for the full-year 2023. A ...

Financial assistance programs, incentives and rates – and even low-cost or no-cost energy efficiency tips – can offset higher-than-average electric billsST. PETERSBURG, Fla., Feb. 12, 2025 /PRNewswire/ -- Duke Energy Florida is sharing various resources to help customers manage their increased energy usage in January, when extreme winter weather swept across the state, which may have resulted in some receiving higher-than-average electric bills."While Duke Energy Florida lowered rates by nearly $10 in Janu ...

Funding supports 20 organizations each with $10,000 Grants are a continuation of assistance to senior programs, with more than $300,000 distributed over the past two yearsGREENVILLE, S.C., Feb. 12, 2025 /PRNewswire/ -- Duke Energy is providing $200,000 in grants to South Carolina organizations that help the state's aging population with services and support, particularly for seniors with income challenges. The funds will be used to help these organizations with their infrastructure to continue expanding th ...

Core Insights - Duke Energy Florida is promoting free Home Energy Checks and Business Energy Checks to help customers reassess their energy goals and benefit from rebate programs that can lead to significant savings on electric bills [1][2] Home Energy Checks - Residential customers can complete Home Energy Checks online, over the phone, or in person, all at no cost [3] - After the assessment, customers receive a report detailing their energy usage and recommendations for improving energy efficiency, along with a free energy efficiency kit every two years [4] - Customers may qualify for rebate programs that can save them up to $1,700 on home improvements, including attic insulation upgrades and HVAC replacements [5] Business Energy Checks - Commercial customers can opt for a free Business Energy Check through a brief online questionnaire or a more detailed on-site analysis [6] - Following the Business Energy Check, customers receive a personalized report and a business-specific energy efficiency kit at no cost [6] - Businesses may also qualify for rebate programs to support energy efficiency projects, such as retrofitting chiller systems and installing energy recovery ventilation [7] Customer Support - Duke Energy Florida offers various tools, including energy checks and flexible payment plans, to help manage energy use and keep bills low [8] - Additional assistance programs are available for residential customers, such as the Weatherization Program and the Share the Light Fund® [8] Company Overview - Duke Energy Florida, a subsidiary of Duke Energy, has an energy capacity of 12,300 megawatts and serves 2 million customers across a 13,000-square-mile area in Florida [10] - Duke Energy is one of the largest energy holding companies in the U.S., serving 8.4 million customers across multiple states and owning 54,800 megawatts of energy capacity [11] - The company is committed to a clean energy transition, aiming for net-zero methane emissions by 2030 and net-zero carbon emissions by 2050, with investments in grid upgrades and cleaner energy sources [12]

Core Insights - Duke Energy has been recognized by Fortune magazine as one of the World's Most Admired Companies for 2025, marking the eighth consecutive year on the list and ranking among the top four gas and electric utilities for the fourth year in a row [1][2] Company Performance Highlights - In 2024, Duke Energy's smart, self-healing technology prevented over 2.3 million customer outages, saving approximately 11 million hours of outage time, with more than 75% of these benefits occurring during major storms [3] - The company has invested over $22 million since 2019 to support nonprofits and local organizations focused on disaster preparedness and response, enhancing community resilience and safety [4] - Duke Energy anticipates an average overall load growth of 1.5% to 2% per year through 2028, driven by robust economic development across various industries [5] Company Overview - Duke Energy, a Fortune 150 company based in Charlotte, N.C., serves 8.4 million customers across six states and has a total energy capacity of 54,800 megawatts [6] - The company is committed to a clean energy transition, aiming for net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050 [7]

Core Insights - Duke Energy Florida has successfully made all 10 of its Clean Energy Connection solar energy sites fully operational, contributing nearly 750 megawatts of solar generation in Florida from 2022 to 2024 [1][4] - Each solar site, with a peak output of 74.9 megawatts, can power approximately 23,000 homes and displace significant amounts of fossil fuels annually [2][3] - The solar sites have created over 1,500 temporary jobs during construction and have contributed to local tax revenues [3] Company Overview - Duke Energy Florida operates over 25 solar sites, producing nearly 1,500 megawatts of emission-free energy, with plans for an additional 12 solar sites between 2025 and 2027, adding 900 megawatts of generation capacity [4] - The company owns 12,300 megawatts of energy capacity and serves 2 million customers across a 13,000-square-mile area in Florida [5] - Duke Energy, a Fortune 150 company, serves 8.4 million customers across multiple states and has a total energy capacity of 54,800 megawatts [6] Future Plans - Duke Energy is committed to a clean energy transition, aiming for net-zero methane emissions by 2030 and net-zero carbon emissions from electricity generation by 2050 [7][8] - The company is investing in electric grid upgrades and cleaner generation methods, including renewable energy, energy storage, and nuclear power [8]

Core Points - Duke Energy has launched a new grant opportunity, providing $500,000 to support long-term recovery efforts in western North Carolina, with applications open until February 17, 2025 [1][3] - The initiative is part of Duke Energy's ongoing commitment to assist communities affected by Hurricane Helene, building on a previous commitment of over $2.2 million for disaster relief and rebuilding efforts [2][7] - Eligible organizations can apply for grants up to $25,000 to aid local and regional recovery efforts [3] Company Overview - Duke Energy is a Fortune 150 company based in Charlotte, N.C., serving 8.4 million electric customers across multiple states and owning 54,800 megawatts of energy capacity [5] - The company also provides natural gas services to 1.7 million customers in several states [5] - Duke Energy is focused on a clean energy transition, aiming for net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050 [6]

Core Points - Duke Energy Florida and Coastal Conservation Association Florida (CCA Florida) have signed a joint agreement to enhance environmental protection efforts in the state [1][2] - Duke Energy Florida is contributing $100,000 to support CCA Florida's conservation initiatives [1][6] Group 1: Partnership and Commitment - The partnership between Duke Energy Florida and CCA Florida aims to restock fish species, restore habitats, and protect Florida's natural resources [2][3] - CCA Florida has been focused on sustainable fisheries, coastal habitats, and water quality improvements since its establishment in 1977 [4] Group 2: Achievements and Initiatives - Duke Energy Florida's Crystal River Mariculture Center has released over 5.3 million fish and crustaceans along Florida's coast and has planted 40 million clams and over 100,000 eelgrass, mangroves, and marsh grass [3][6] - The agreement reinforces the commitment to environmental stewardship and the restoration of natural resources in Florida [4][5]

Core Insights - Duke Energy achieved a new combined peak usage record of 37,387 MWh on January 23, 2025, surpassing the previous record of 36,670 MWh set in February 2015 [2] - The Carolinas experienced approximately 65 hours of freezing temperatures starting January 20, which had not occurred since January 2018 [1][2] - The company emphasizes the importance of a diverse energy mix, including nuclear, natural gas, hydro renewables, and coal, to meet increasing energy demands [3] Company Operations - Duke Energy's grid operators and crews effectively managed record-breaking power usage while ensuring reliable service during extreme cold [1][3] - The company serves 8.4 million customers across multiple states and owns 54,800 megawatts of energy capacity [10] - Duke Energy is committed to a clean energy transition, aiming for net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050 [11] Customer Engagement - The company provides personalized energy usage alerts through its app, helping customers manage their energy consumption and avoid unexpected bills [6][7] - Duke Energy offers various tips and programs to assist customers in saving energy and managing costs during the winter season [8]

Core Insights - Duke Energy is managing increased customer demand due to prolonged freezing temperatures, with expectations of peak demand on Thursday across the Carolinas [1][2] - The company utilizes various programs to optimize energy generation and consumption, including operating all available generating assets and offering customer energy-saving programs [2][3] - Duke Energy has a comprehensive strategy for year-round preparation, focusing on maintaining power generation assets and enhancing grid resilience against extreme weather [2][9] Company Overview - Duke Energy is a major energy holding company serving 8.4 million electric customers and 1.7 million natural gas customers across several states, with a total energy capacity of 54,800 megawatts [7] - The company is committed to a clean energy transition, aiming for net-zero methane emissions by 2030 and net-zero carbon emissions from electricity generation by 2050 [9] Energy-Saving Tips - Recommendations for energy savings during cold weather include lowering the thermostat, setting water heaters to 120 degrees or less, utilizing natural sunlight, and weatherizing windows [8]