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. Commercial and industrial customers will experience bill reductions ranging from 0.8% to 3.6%. The rate decrease is driven by lower fuel costs and an innovative tax strategy that avoids a planned 2% base rate increase. Duke Energy continues investing in renewable energy and grid improvements to enhance reliability while keeping costs manageable. Customers are encouraged to use available energy efficiency and financial assistance programs.
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 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...
Duke Energy Foundation awarded $180,000 in grants to nine South Carolina technical colleges to expand construction-related training and support certifications in high-demand trades. Each college received $20,000 to enhance programs like welding and e...
