Nonprofits serving communities of color will receive $25,000 grants for general operating funds. CHARLOTTE, N.C. – Duke Energy today announced its second annual $1 million grant opportunity through the Duke Energy Foundation for North Carolina nonprofit organizations working for social justice and racial equity.  Applications will be reviewed through a competitive grant cycle, and $25,000…

Read More

CHARLOTTE, N.C. – Duke Energy today issued the following statement concerning the confirmation of North Carolina DEQ Secretary Delli-Gatti: “We are committed to a clean, reliable energy transition for North Carolina. While the communities we serve are seeing the benefits of this transition already, we understand there are many opportunities left to further this good…

Read More

Company is strengthening electric infrastructure to reduce outages and improve resiliency. Take simple steps now to prepare your home, business for emergencies. CHARLOTTE, N.C. – June 1 marks the beginning of the Atlantic hurricane season and serves as an important reminder to take steps now to prepare for hurricanes and other severe weather to keep…

Read More

CHARLOTTE, N.C. – Below is Duke Energy’s (NYSE: DUK) statement in response to Elliott Management’s announcement today: Today’s announcement by Elliott is the latest in a series of proposals that the hedge fund has offered to Duke Energy since July 2020. Throughout, Duke Energy’s Board of Directors has reviewed their proposals in depth and determined…

Read More

Courses can be tailored to meet each utility’s specific needs. Training modules available for natural gas, electric, other energy companies. CHARLOTTE, N.C. – Duke Energy (NYSE: DUK) today announced it is offering virtual reality training services branded “Virtual Crew” to energy companies and contractors nationwide. With Virtual Crew, Duke Energy can customize simulated field training and…

Read More

CHARLOTTE, N.C. – Duke Energy today declared a quarterly cash dividend on its common stock of $0.965 per share payable on June 16, 2021 to shareholders of record at the close of business May 14, 2021. The company also declared a quarterly cash dividend on its Series A preferred stock of $359.375 per share payable…

Read More

CHARLOTTE, N.C. – Duke Energy has awarded more than $1 million to organizations across North Carolina that are helping students rebound from the effects of pandemic learning loss. “After a difficult year for North Carolina’s students and families, we’re investing in programs that address the disproportionate learning loss among vulnerable communities and help put students…

Read More

by Johnny Kampis Carolina Journal News Service  RALEIGH — The N.C. Utilities Commission on Friday, April 16, issued an order approving a partial rate increase for Duke Energy Progress and a settlement addressing coal ash cleanup costs.  The amount of the increase will be less than the 12.3% rate hike the private power provider requested, but the…

Read More

by Johnny Kampis, Carolina Journal News Service RALEIGH — The N.C. Utilities Commission on Friday, April 16, issued an order approving a partial rate increase for Duke Energy Progress and a settlement addressing coal ash cleanup costs. The amount of the increase will be less than the 12.3% rate hike the private power provider requested, but the…

Read More