GREENVILLE, S.C., Aug. 15, 2025 /PRNewswire/ -- Duke Energy has announced its submission of the final license application to the Federal Energy Regulatory Commission (FERC) for the Bad Creek Pumped Storage Hydroelectric Station, located near Salem, S.C. The application, if approved, would extend the plant's operations for an additional 50 years.
CHARLOTTE, N.C., Aug. 14, 2025 /PRNewswire/ -- Today, Duke Energy asked state and federal regulators for permission to combine its two electric utilities in the Carolinas. Planned for years, the combination is projected to result in billions of dollars in customer savings.
CINCINNATI, Aug. 11, 2025 /PRNewswire/ -- Aug. 11 is National Safe Digging Day (also known as 811 Day), and Duke Energy Ohio/Kentucky is advising customers and excavators to call 811 at least three business days before beginning any outdoor project that involves digging.
CHARLOTTE, N.C., Aug. 5, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) has posted its second-quarter 2025 financial results in a news release available on the company's website at the following link: duke-energy.com/investors.
Harry Sideris, president and chief executive officer, and Brian Savoy, executive vice president and chief financial officer, will discuss the company's financial results and other business and financial updates during an investor presentation at 10 a.m. ET today.
GREENVILLE, S.C., Aug. 4, 2025 /PRNewswire/ -- Duke Energy has increased incentives and eligibility for many of its residential and business energy efficiency and demand response programs in South Carolina, expanding ways customers can save energy and money. The updates were approved by the Public Service Commission of South Carolina (PSCSC) and launched on Aug. 1, 2025.
CHARLOTTE, N.C., July 29, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced it reached an agreement to sell its Piedmont Natural Gas Tennessee local distribution company business for $2.48 billion in cash to Spire Inc. ("Spire") – one of the largest publicly traded natural gas companies in the country.
CHARLOTTE, N.C., July 28, 2025 /PRNewswire/ -- With portions of the Carolinas expecting to see near record temperatures this week and heat alerts issued for most of the eastern United States, Duke Energy has tips to help you take control of your energy use while keeping you and your family comfortable.
PLAINFIELD, Ind., July 18, 2025 /PRNewswire/ -- Duke Energy is monitoring forecasts and preparing for potential severe weather, including strong thunderstorms and damaging winds, that may bring widespread outages to its Indiana service territory this weekend.
"A critical part of being safe in severe weather is being prepared," said Clint Carnahan, general manager of emergency preparedness at Duke Energy. "We do regular storm planning throughout the year, and we want our customers to be prepared as well so they can react quickly during a storm."
CHARLOTTE, N.C., July 15, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.065 per share, an increase of $0.02. This dividend is payable on Sept. 16, 2025, to shareholders of record at the close of business on Aug. 15, 2025.
The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Sept. 16, 2025, to shareholders of record at the close of business on Aug. 15, 2025. This is equivalent to $0.359375 per depositary share.
CHARLOTTE, N.C., July 8, 2025 /PRNewswire/ -- Duke Energy will post its second-quarter 2025 financial results at 7 a.m. ET on Tuesday, Aug. 5, on the company's website at duke-energy.com/investors.
An earnings conference call for analysts is scheduled at 10 a.m. ET that day to discuss the second-quarter 2025 results and other business and financial updates.
The conference call will be hosted by Harry Sideris, president and chief executive officer, and Brian Savoy, executive vice president and chief financial officer.
GREENVILLE, S.C., July 1, 2025 /PRNewswire/ -- Duke Energy Carolinas today asked South Carolina regulators to perform a public review of the company's current rates.
The company last requested a review of base rates for customers in early 2024. Since then, the company has made investments in the things our nearly 680,000 retail electric customers expect from us: upgrades to strengthen the grid, improve reliability and storm resilience, and maintain and upgrade our generation fleet.Duke Energy Carolinas provides retail electric service to customers in the following counties in South Carolina: Abbeville, Anderson, Cherokee, Chester, Fairfield, Greenville, Greenwood, Kershaw, Lancaster, Laurens, McCormick, Newberry, Oconee, Pickens, Saluda, Spartanburg, Union and York.
CHARLOTTE, N.C., June 26, 2025 /PRNewswire/ -- As summer's first heat wave brought triple-digit temperatures to parts of North Carolina and South Carolina this week, Duke Energy thanks customers for conserving energy during periods of peak demand.
"We appreciate our customers' support this week to reduce their electricity use during the hottest parts of the day," said Ben Harrison, Duke Energy vice president of grid operations – planning and operations. "We understand it can be inconvenient, but those actions made a significant difference for all. I am also grateful for our crews and grid and plant operators that managed through this event."
CHARLOTTE, N.C., June 23, 2025 /PRNewswire/ -- As high temperatures increase, Duke Energy is urging customers in the Carolinas to reduce their energy use during periods of peak demand today, June 23 from 3-8 p.m. to help lessen the energy demand on the power grid and reduce the potential of isolated power outages.
As we continue to manage available power supplies, protect the grid and maintain normal operations, here are some simple ways customers can help:
CHARLOTTE, N.C., June 23, 2025 /PRNewswire/ -- With summer's first heat wave bringing potential triple-digit temperatures to parts of the Carolinas this week, Duke Energy is reminding customers to take control of their energy use.
CHARLOTTE, N.C., June 20, 2025 /PRNewswire/ -- With weather forecasters predicting high temperatures across the Carolinas this weekend and next week, Duke Energy has tips to help you take control of your energy use while keeping you and your family cool.
CINCINNATI, June 19, 2025 /PRNewswire/ -- Duke Energy has restored power to more than 41,000 customers who were affected by severe and damaging storms that ripped through southwest Ohio and northern Kentucky last night, causing more than 48,000 power outages across the region. Crews are working to restore approximately 7,000 customers who remained without power as of 10:15 a.m. ET.
PLAINFIELD, Ind., June 19, 2025 /PRNewswire/ -- Duke Energy has restored power to more than 73,000 customers who were affected by severe and damaging storms that ripped through Indiana yesterday, causing more than 100,000 power outages across nearly all of the 28 districts the company serves. Crews are working to restore approximately 31,000 customers who remained without power as of 6 a.m. ET.
CHARLOTTE, N.C., June 18, 2025 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced the promotions of Pepper Natonski to senior vice president, federal affairs, policy and sustainability and Tom Craig to vice president, federal affairs, effective July 1.
"Duke Energy is executing an ambitious strategy to serve the growing needs of our customers and communities," said Louis Renjel, executive vice president and chief corporate affairs officer. "This is a pivotal moment for our federal engagement, and we are fortunate to have an exceptional team in place. Pepper has demonstrated not only a passion for our customers and stakeholders, but also a strong track record of translating that passion into outcomes for them. Tom is a highly respected leader whose deep experience and trusted voice on Capitol Hill will continue to drive our success."
PLAINFIELD, Ind., June 17, 2025 /PRNewswire/ -- Duke Energy Indiana and Reliable Energy Inc., which represents several of Indiana's major coal producers, have reached a settlement in Duke Energy Indiana's request pending before the Indiana Utility Regulatory Commission for a proposed new natural gas plant at its Cayuga Generating Station in Vermillion County, Ind.
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