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Duke Energy seeks DOE loans to cut costs and boost electric grid capacity amid rising demand

Market News
11 May 2026
PRNewsWire
View Source
Bullish
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Duke Energy has applied for loans from the U.S. Department of Energy to fund investments aimed at strengthening the electric grid and expanding capacity in fast-growing states. The DOE loans would lower financing costs, allowing Duke Energy to deliver savings directly to customers while maintaining reliable service. This move is part of Duke's broader strategy to reduce costs through federal support and tax credits, benefiting millions of customers across several states. The company emphasizes its commitment to responsible investment and affordable energy as demand grows.

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Duke Energy Foundation awards $77,500 to Florida nonprofits for civic education and historical projects

Duke Energy Foundation awards $77,500 to Florida nonprofits for civic education and historical projects

The Duke Energy Foundation has granted $77,500 to seven Florida nonprofits as part of its America250 initiative to enhance civic learning and historical remembrance. Funded projects include a youth civics competition, a Declaration of Independence re...

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Duke Energy's dividend is secure amid Fed rate cuts and strong earnings coverage.

Duke Energy's dividend is secure amid Fed rate cuts and strong earnings coverage.

Duke Energy benefits from the Federal Reserve's rate cuts, which lower refinancing costs for its $103 billion capital plan and make its 3.41% dividend yield attractive to income investors. The company's dividend payout ratio is a healthy 65% of earni...

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Duke Energy Foundation awards $830K in final grants for America250 local heritage projects

Duke Energy Foundation awards $830K in final grants for America250 local heritage projects

The Duke Energy Foundation has awarded nearly $830,000 in 54 grants to nonprofits and cultural groups across six states to support local history and heritage projects as part of the America250 initiative. This final round completes the Foundation's i...

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Duke Energy marks 100 years of dividends with steady growth and strong regulated cash flow.

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