CHARLOTTE, N.C., Nov. 1, 2024 /PRNewswire/ -- As daylight saving time ends this weekend, it's time to turn back our clocks and lock in energy savings ahead of the winter season.

"Our goal is to help give customers greater control over their energy use and provide them with more options to save money," said Kendal Bowman, president of Duke Energy North Carolina. "With winter around the corner when energy usage typically increases, it's a good time to take advantage of our self-service platforms that help our customers make informed decisions for their household energy use."

GREENVILLE, S.C., Oct. 31, 2024 /PRNewswire/ -- Duke Energy Carolinas customers in South Carolina will see their electric rates fall starting Nov. 1 as part of an annual adjustment for the cost of fuel used to generate electricity at its power plants. As approved by the Public Service Commission of South Carolina (PSCSC), today's average monthly residential bill will decrease by 12.7%.

CHARLOTTE, N.C., Oct. 22, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) has received approval for Green Source Advantage Choice (GSA-C) in North Carolina, a program that provides the opportunity for large business customers to support renewable energy development by supplementing their power usage with 100% renewable, carbon-free generation.

Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images.

ST. PETERSBURG, Fla., Oct. 15, 2024 /PRNewswire/ -- Duke Energy Florida has completed more than 99% of power restoration in Pasco County, as well as all other counties impacted by Hurricane Milton.

Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images.

ST. PETERSBURG, Fla., Oct. 14, 2024 /PRNewswire/ -- Duke Energy Florida has completed power restoration for over 95% of customers in Brevard, Citrus, Hernando, Highlands, Lake, Marion, Orange, Osceola, Polk, Seminole, Sumter and Volusia counties post-Hurricane Milton – meaning the company met, and in many cases exceeded, that estimated time of restoration.

Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images.

ST. PETERSBURG, Fla., Oct. 13, 2024 /PRNewswire/ -- Duke Energy Florida is continuing with power restoration post-Hurricane Milton. As of 9 a.m. ET today, Sunday, Oct. 13, outages have decreased from over 1 million to approximately 390,000.  

Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images.

ST. PETERSBURG, Fla., Oct. 12, 2024 /PRNewswire/ -- Duke Energy Florida is continuing with power restoration in areas impacted by Hurricane Milton. Outages have decreased from over 1 million immediately post-storm to approximately 580,000 as of 12 p.m. ET today, Saturday, Oct. 12.

Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images.

ST. PETERSBURG, Fla., Oct. 11, 2024 /PRNewswire/ -- With 16,000 resources and many crews working throughout the night, Duke Energy Florida is issuing estimated times of restoration for customers impacted by Hurricane Milton. While some customers will have their power restored earlier, the majority who can receive power are expected to be restored by the following days/times:

ST. PETERSBURG, Fla., Oct. 11, 2024 /PRNewswire/ -- While damage assessment is ongoing, Duke Energy Florida is now beginning power restoration in many areas impacted by Hurricane Milton and will issue estimated times of restoration for all customers later this afternoon. As of 9 a.m. ET, nearly 350,000 outages have been restored, and over 850,000 outages still exist throughout the company's service territory.

ST. PETERSBURG, Fla., Oct. 10, 2024 /PRNewswire/ -- Less than 24 hours after Hurricane Milton made landfall, Duke Energy Florida is announcing estimated times of restoration will be issued for all customers impacted by the storm on the afternoon of Friday, Oct. 11.  

"We know Floridians impacted by Hurricane Milton are eager to begin the recovery process," said Todd Fountain, Duke Energy Florida storm director. "We are working tirelessly to assess the damage caused by this storm and confirm estimated times of restoration as soon as possible, so it's our hope that providing this information and communicating regularly with our customers will allow them to plan accordingly."

ST. PETERSBURG, Fla., Oct. 10, 2024 /PRNewswire/ -- Duke Energy Florida is reporting approximately 850,000 power outages, as of 8 a.m. Thursday, Oct. 10, after Hurricane Milton hit Florida as a Category 3 storm overnight. As customers can safely return home, the company expects outage numbers to continue to increase. Duke Energy Florida is conducting damage assessment as weather and road conditions allow and will soon begin what is anticipated to be a lengthy restoration process.  

ST. PETERSBURG, Fla., Oct. 9, 2024 /PRNewswire/ -- As Hurricane Milton approaches Florida's west coast, Duke Energy Florida is urging its customers to prepare for this catastrophic storm and a lengthy power restoration process that will result in extended outages.

The company is readying 16,000 resources to respond to over 1 million power outages across its service territory as soon as weather and other conditions allow. These crews are convening at The Villages, Suwannee Valley Farmers Market and Ritchie Brothers Auctioneers, staging sites that are positioned along the outside of Hurricane Milton's projected path, but as close to the impacted areas as possible. (Click here for video footage from the staging sites.)

Editor's note: Visit the Duke Energy News Center for downloadable B-roll and high-resolution images.

CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- Duke Energy crews have been all-hands-on-deck since the moment Helene exited the Carolinas. The company has successfully restored electric service to most customers in the upstate of South Carolina and the majority of those who can receive power in western North Carolina. While Duke Energy workers have made substantial progress overall, extremely difficult and targeted work lies ahead before the company can restore additional customers in the hardest-hit communities.

CHARLOTTE, N.C., Oct. 8, 2024 /PRNewswire/ -- Duke Energy will post its third-quarter 2024 financial results at 7 a.m. ET on Thursday, Nov. 7 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 third-quarter 2024 results and other business and financial updates.

The conference call will be hosted by Lynn Good, chair and chief executive officer, Harry Sideris, president, and Brian Savoy, executive vice president and chief financial officer.

ST. PETERSBURG, Fla., Oct. 8, 2024 /PRNewswire/ -- Duke Energy Florida continues to prepare for Hurricane Milton, increasing its resource count from 10,000 to 16,000. The company also encourages its 2 million customers across the state to take the appropriate safety measures prior to the storm's landfall.

"Hurricane Milton's intensity is expected to be unlike anything the Tampa Bay area has ever experienced before," said Todd Fountain, Duke Energy Florida storm director. "Duke Energy Florida is preparing to respond accordingly – with an army of resources at the ready – and we strongly advise our customers to use this time to protect their homes and businesses, while helping ensure their family members, friends and neighbors are safe."  

CHARLOTTE, N.C., Oct. 7, 2024 /PRNewswire/ -- Duke Energy (NYSE: DUK) today declared a quarterly cash dividend on its common stock of $1.045 per share. This dividend is payable on Dec. 16, 2024, to shareholders of record at the close of business on Nov. 15, 2024.

The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable on Dec. 16, 2024, to shareholders of record at the close of business Nov. 15, 2024. This is equivalent to $0.359375 per depositary share.

ST. PETERSBURG, Fla., Oct. 7, 2024 /PRNewswire/ -- Duke Energy Florida is mobilizing approximately 10,000 responders as it prepares for more than 1 million power outages associated with damage from Hurricane Milton.

The National Hurricane Center expects Milton to strengthen to a Category 4 hurricane. There is a risk of life-threatening storm surge for the west coast of Florida, strong winds and heavy rainfall that will affect the area well ahead of the storm. 

ST. PETERSBURG, Fla., Oct. 6, 2024 /PRNewswire/ -- As Duke Energy meteorologists track Tropical Storm Milton, the company urges customers to take immediate action and prepare for the approaching storm.

The National Hurricane Center expects Milton to strengthen into a major hurricane producing potentially extremely hazardous weather conditions to portions of the company's Florida service area. Regardless of the hurricane's intensity, there is a risk of life-threating storm surge for the west coast of Florida and heavy rainfall that will affect the area well ahead of the storm. 

Editor's note: Visit the Duke Energy News Center for storm director videos, downloadable B-roll and high-resolution images.

CHARLOTTE, N.C., Oct. 5, 2024 /PRNewswire/ -- Duke Energy restored power to 90% of Carolinas customers able to receive power following Helene and will continue working until all customers are restored. The company says it could be days before it completes restoration work for all customers capable of receiving service, especially in the hardest-hit areas.

ST. PETERSBURG, Fla., Oct. 5, 2024 /PRNewswire/ -- Today, Duke Energy Florida completed restoration efforts for all customers in Pinellas County's barrier islands who are capable of receiving power after Hurricane Helene – meeting, and in many cases exceeding, estimated times of restoration.