Duke Energy submitted its 2026 Carolinas Resource Plan to South Carolina regulators, focusing on reliable, cost-effective energy to support the state's rapid growth. The plan includes investments in natural gas, solar, battery storage, and potential new nuclear options, alongside energy efficiency programs. It aims to balance diverse energy sources while maximizing customer value through tax credits and cost-saving initiatives. A regulatory hearing is scheduled for April 2027, with a decision expected by June 2027.
The Duke Energy Foundation is investing $175,000 in South Carolina through its Main Street Revitalization grant program to enhance downtown areas, neighborhood centers, and commercial corridors. Grants up to $10,000 are available for projects like fa...
The Utilities Select Sector SPDR Fund (XLU), popular for AI-related utility exposure, has gained only 3.52% year-to-date, while the Tema Electrification ETF (VOLT), focused on electrical equipment for data centers, surged 31.68%. XLU holds mostly reg...
Duke Energy has restored power to 85% of the more than 261,000 customers affected by severe storms in Greater Cincinnati over the past 48 hours. As of Thursday afternoon, about 38,861 customers remain without power, but nearly all who can safely rece...
