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.

ST. PETERSBURG, Fla., Oct. 4, 2024 /PRNewswire/ -- Duke Energy Florida is making substantial progress in Pinellas County's barrier islands, nearing 100% restoration in several communities post-Hurricane Helene. In the remaining barrier island communities, as well as on the mainland, the company is on track to meet or exceed estimated times of restoration – 11:59 p.m. on Friday, Oct. 4 for most and 11:59 p.m. on Saturday, Oct. 5 for some – meaning restoration of storm-related outages for those who are capable of receiving power is nearly complete. 

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

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

CHARLOTTE, N.C., Oct. 3, 2024 /PRNewswire/ -- More than 21,000 workers continue to make progress restoring power to Duke Energy customers in western North Carolina and Upstate South Carolina following Helene's catastrophic damage, though major challenges remain.

ST. PETERSBURG, Fla., Oct. 3, 2024 /PRNewswire/ -- Duke Energy Florida is here to help customers impacted by Hurricane Helene, offering a variety of resources and information in order to support the recovery process.

The company also continues with power restoration in areas hardest hit by the storm, including Pinellas County's barrier islands. Established estimated times of restoration – 11:59 p.m. on Friday, Oct. 4 for most and 11:59 p.m. on Saturday, Oct. 5 for some – are still on track to be met. Customers can visit dukeenergyupdates.com/BarrierIslands for updates. 

CHARLOTTE, N.C., Oct. 2, 2024 /PRNewswire/ -- New b-roll and photos of Duke Energy's Helene response are now available. Visit the Duke Energy News Center for downloadable B-roll and high-resolution images.

ST. PETERSBURG, Fla., Oct. 2, 2024 /PRNewswire/ -- Duke Energy Florida has issued estimated times of restoration for Pinellas County's barrier islands following Hurricane Helene. All customers in these communities who are capable of receiving power will be restored by 11:59 p.m. on Saturday, Oct. 5, with the majority restored by 11:59 p.m. on Friday, Oct. 4. (Click here for video footage of restoration efforts.)

ST. PETERSBURG, Fla., Oct. 2, 2024 /PRNewswire/ -- Duke Energy Foundation announced $350,000 in donations to statewide and local nonprofit organizations that serve areas impacted by Hurricane Helene.

In collaboration with local leaders, organizations were identified that can get supplies and support to those who need it most.

CHARLOTTE, N.C., Oct. 1, 2024 /PRNewswire/ -- Duke Energy's round-the-clock power restoration efforts continue following the historic damage caused by Helene in the Carolinas. Lineworkers – with the support of tree trimmers, state department of transportation workers and countless others – continue to restore power to hundreds of thousands of customers each day.

"We've never seen such widespread devastation and destruction as we're seeing in this region," said Jason Hollifield, Duke Energy storm director for the Carolinas. "We appreciate our local and state government partners continued help in getting us access to the hard-hit areas so we can make repairs where possible.

ST. PETERSBURG, Fla., Oct. 1, 2024 /PRNewswire/ -- Duke Energy Florida continues with power restoration in areas hardest hit by Hurricane Helene, including Madison, Pasco and Pinellas counties.

In Madison County, significant damage to the company's electrical infrastructure was caused by falling branches and downed trees. Currently, there are approximately 750 customers without power, while over 8,700 have been restored.