The Duke Energy Foundation is providing $100,000 in emergency grants to local nonprofits aiding communities hit by severe storms in Ohio and Kentucky. Funds are allocated to Freestore Foodbank, American Red Cross, and Matthew 25: Ministries to supply food, shelter, and disaster relief materials. This support complements Duke Energy's ongoing power restoration efforts for over 180,000 affected customers. The grants aim to meet immediate needs and help communities recover beyond just restoring electricity.
Investors seeking stable dividends can consider three regulated utility companies—Duke Energy, Southern Company, and Consolidated Edison—that have consistently raised payouts for decades due to regulated cash flows insulated from economic cycles. Duk...
Duke Energy Florida has filed a request with the Florida Public Service Commission to reduce electricity rates beginning January 2027. Residential customers using 1,000 kWh per month will see a $0.71 decrease in their bills compared to December 2026....
Duke Energy Ohio & Kentucky warns that the recent extreme heat, with temperatures reaching up to 100 degrees, is driving higher electricity use as air conditioners work harder. Customers can sign up for usage alerts to monitor their energy consumptio...
The Carolinas are experiencing unusually hot weather with temperatures about 10 degrees above normal, reaching mid-to-upper 90s and feeling as hot as 100 to 105 degrees. This heat causes air conditioners to work harder, increasing energy consumption ...
The Utilities Select Sector SPDR Fund (XLU) provides broad exposure to over 30 utilities but dilutes the impact of the AI-driven data-center boom, which is concentrated in a few companies. Southern Company, Duke Energy, and American Electric Power st...
