Duke Energy Carolinas and stakeholders agreed to reduce a proposed rate increase by more than half, resulting in an average annual increase of 3.7% over two years if approved by the North Carolina Utilities Commission. The agreement includes a $10 million contribution from Duke Energy shareholders to assist low-income customers and fund weatherization programs. This move responds to customer feedback about bill affordability while allowing vital infrastructure investments to continue. The new rates would take effect on January 1, 2027, pending regulatory approval.
Duke Energy is rated a buy due to expected structural earnings growth driven by high demand from data centers and a $103 billion investment plan through 2030. The company has secured about 7.6 GW of signed service agreements and is constructing an ad...
Duke Energy Florida's EnergyWise Home program provides homeowners and renters up to $141 in annual bill credits by enrolling select appliances for energy use reduction during peak demand. Customers receive credits mostly without changing habits, as a...
Duke Energy announced a quarterly cash dividend increase to $1.085 per common share, up by $0.02, payable on September 16, 2026, to shareholders recorded by August 14, 2026. The company also declared a dividend for its Series A preferred stock at $35...
