Welcome to our dedicated page for Duke Energy news (Ticker: DUK), a resource for investors and traders seeking the latest updates and insights on Duke Energy stock.
Duke Energy Corporation reports developments tied to one of the largest regulated utility platforms in the United States. The company operates electric utilities serving customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and natural gas utilities in North Carolina, South Carolina, Ohio and Kentucky.
Recurring news themes include quarterly financial results, common and preferred stock dividends, electric grid modernization, generation investments, customer cost initiatives, and regulatory approvals affecting power plants and utility service. Company updates also cover nuclear generation, natural gas and other resource additions, federal and state regulatory matters, and Duke Energy Foundation community programs in the utility territories it serves.
Duke Energy (NYSE: DUK) plans a public offering of 35 million equity units, each with a stated amount of $50, for an aggregate stated amount of $1.75 billion. Each unit initially consists of a purchase contract for future Duke Energy common stock and two 1/40 undivided beneficial ownership interests in remarketable senior notes, each with a principal amount of $1,000.
Duke Energy expects to grant underwriters an option to buy an additional 5 million corporate units (another $250 million stated amount) to cover over-allotments. The company intends to list the corporate units on the NYSE within 30 days of initial issuance, subject to approval, and plans to use net proceeds to redeem $500 million of 3.25% Junior Subordinated Debentures due 2082, repay a portion of commercial paper, and for general corporate purposes.
Duke Energy (NYSE: DUK) outlined steps to help North Carolina customers manage higher summer energy bills as extreme heat drives demand. Cooling demand across the state was 43% above normal by July 4, increasing air‑conditioning use and costs for many customers.
The company highlighted new digital tools such as Bill Insights, Usage Alerts and Home Energy Reports, plus payment assistance options including the Payment Assistance Finder, Share the Light Fund and income‑qualified weatherization programs. Duke Energy also cited long‑term cost actions: returning up to $3.1 billion in tax credits to customers (subject to regulatory approval), leveraging $96 million in Department of Energy grants, and targeting $2.3 billion in net customer savings through 2040 from combining its Carolinas utilities.
Duke Energy (NYSE: DUK), through Duke Energy Progress, reached a settlement with North Carolina Public Staff and several customer and energy groups to revise its rate proposal. The agreement, if approved by the North Carolina Utilities Commission, would result in an average annual rate increase of 3.4% over two years starting Jan. 1, 2027.
The company said this represents a reduction of its previously proposed increase by more than half. Duke Energy shareholders will contribute an additional $10 million for low-income bill assistance and weatherization, on top of a prior $10 million Duke Energy Carolinas commitment. The settlement also includes a new Multiyear Rate Plan refund rider, potential customer refunds if infrastructure upgrades are not completed on time, accelerated refund of $120 million in annual federal tax credits, and reduced customer costs for Roxboro Steam Plant upgrades due to federal funding.
Duke Energy (NYSE: DUK), through Duke Energy Florida, is advising customers on coping with August’s peak heat, noting recent summers have been 10%-15% hotter than long-term averages and that AC systems work harder as humidity rises. The company highlights lineworkers’ safety-focused efforts to maintain and strengthen the grid for more than 2 million Florida customers.
According to Duke Energy Florida, customers can lower usage by adjusting thermostats, cleaning air filters and using ceiling fans. Digital Usage Alert emails provide mid-month projections of energy use and bills. Free Home Energy Checks can be associated with up to $3,800 in improvement rebates, and the EnergyWise Home program offers monthly bill credits.
Duke Energy (NYSE: DUK) announced that its second-quarter 2026 financial results are available in a news release on the investors section of duke-energy.com. President and CEO Harry Sideris and CFO Brian Savoy will review results and business updates during an investor presentation at 10 a.m. ET on Aug. 4, 2026, accessible via webcast or dial-in with confirmation code 485914666. A recording will be posted on the company’s investor website on Aug. 5.
Duke Energy (NYSE: DUK), through the Duke Energy Foundation, is providing $300,000 in grants to 32 organizations across South Carolina to expand housing, nutrition and other essential services for older residents, with individual grants up to $20,000.
According to Duke Energy, the senior-focused funding, including this round, totals $870,000 since 2022 and represents the fifth consecutive year of support for South Carolina nonprofits serving older adults. The Foundation, funded by Duke Energy shareholders, provides more than $30 million in philanthropic support annually in the company’s service areas.
Duke Energy (NYSE: DUK), through the Duke Energy Foundation, is providing a new $1 million grant investment to more than 50 nonprofit organizations across North Carolina to support food access, housing stability, health care, senior services and utility assistance for families, seniors and vulnerable residents.
The funding is split between two programs: $500,000 for Capacity Building grants to 27 organizations to upgrade technology, expand food distribution, improve case management, coordinate volunteers and strengthen fundraising; and $500,000 for Senior Vibrancy grants to 22 organizations that provide home repairs, meals, transportation, benefits navigation and emergency financial support so older adults can live independently and safely.
According to Duke Energy, this brings its North Carolina community and customer support since 2016 to over $65.6 million, including more than $34.6 million for essential-needs nonprofits and over $31 million in utility-bill assistance through the Share the Light Fund and Share the Warmth. Employees have also contributed more than 37,300 volunteer hours in the state over the same period.
Duke Energy (NYSE: DUK) announced that growth in data centers under its Customer Protection Plus framework is expected to generate billions of dollars in long-term bill relief for customers. The company emphasizes that data centers will pay their fair share while contributing to savings for existing customers.
The framework rests on three priorities: preserving reliability through engineering studies before new large-load connections; powering responsible growth via long-term agreements that can include customer-funded connection costs, financial security, termination charges and curtailment provisions; and producing shared value when revenues from new large-load customers exceed their service costs, supporting grid investments and broader economic growth.
Duke Energy (NYSE: DUK) announced that Duke Energy Carolinas has reached a settlement with North Carolina Public Staff and several major customer and energy groups to significantly reduce its previously proposed rate increase. If approved by the North Carolina Utilities Commission, the agreement would result in an average annual retail rate increase of 3.7% over two years, based on a 9.8% allowed return on equity and a 53% equity ratio. The deal adds a new Multiyear Rate Plan refund rider to return funds with interest if planned infrastructure projects are not completed on time and reflects lower customer costs for Belews Creek reliability upgrades due to federal funding. Duke Energy shareholders will also provide $10 million in additional support for low-income bill assistance and weatherization programs, and the company plans to pursue similar terms for Duke Energy Progress customers. New rates would take effect Jan. 1, 2027, subject to regulatory approval.
Duke Energy Florida (NYSE: DUK) is promoting its EnergyWise Home program, which offers participating homeowners and renters up to $141 in annual bill credits for enrolling select appliances such as heating, cooling, pool pumps and water heaters.
According to Duke Energy Florida, a no-cost control device is installed on enrolled appliances, allowing run time to be reduced during high demand periods, starting with water heaters and rarely affecting heating and cooling. Customers using at least 600 kWh per month receive credits, with typical residential usage at 1,000 kWh. Mobile home residents can earn up to $111 annually for heating, cooling and water heaters.