Duke Energy's approved merger of its Carolinas utilities, Duke Energy Carolinas and Duke Energy Progress, is expected to save customers approximately $2.3 billion from 2027 to 2040 by improving operational efficiency and cost management. Additionally, a new agreement to monetize $3.1 billion in tax credits from nuclear and solar investments will provide long-term savings. These efforts aim to keep energy affordable while maintaining reliability and supporting economic growth in the region. The merger is set to take effect on January 1, 2027, with all savings passed directly to customers.
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...
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...
Duke Energy, a regulated utility serving 10 million customers, has paid dividends for 100 consecutive years, supported by its stable, contractually structured cash flow from essential grid infrastructure. The company is executing a $103 billion capit...
Duke Energy is rated a Buy with a $159 price target, suggesting 29% upside from its current $123 price. Growth is driven by a large-load and data center pipeline, a $103 billion capital plan from 2026-2030, and a generation expansion adding about 14 ...
Duke Energy has joined the Careers Electric coalition to train 25,000 workers over the next decade, focusing on electrical careers in North Carolina. This initiative addresses a growing demand for skilled electricians as electrification expands and e...
