Duke Energy spends over 97% of its $17.2 billion annual sourcing budget on U.S.-based suppliers, including nearly $1 billion in North Carolina alone in 2025. These investments support critical grid equipment, sustain American manufacturing, and create jobs, helping to ensure reliable energy service as demand grows. The company plans to invest nearly $5 billion in North Carolina suppliers over five years, strengthening local economies and supply chains. This strategy aligns with Duke Energy's broader goals of energy transition and infrastructure modernization to meet future energy needs.
Duke Energy has introduced an AI-powered Bill Insights feature in its mobile app to help customers in the Carolinas understand the factors driving higher summer energy bills. The tool provides a clear, personalized explanation of monthly energy costs...
Duke Energy reported a strong Q1 with revenue growing over 10% year-over-year and net profit reaching $1.54 billion, boosted by a $652 million gain from asset sales. The company maintains solid financial health, supporting confidence in its ability t...
A $50,000 annual income from a $1 million portfolio can translate into very different spending power for retirees depending on tax rates, Medicare premiums, and inflation. Qualified dividends in low-tax states preserve more income, while REIT distrib...
