The Public Service Commission of South Carolina has approved Duke Energy's merger of its Carolinas utilities, Duke Energy Carolinas and Duke Energy Progress, aiming to deliver billions in long-term customer savings. The merger is expected to reduce operating and capital costs, with guaranteed savings tracked over 14 years and backed by shareholder commitments. The combined utility will operate more efficiently, supporting economic growth and lower energy prices. The North Carolina Utilities Commission's approval is still pending, with a final decision expected in Q2 2026 and a targeted merger date of January 1, 2027.
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...
