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 (DUK) and the Duke Energy Foundation are providing more than $500,000 through a monthlong South Carolina food-insecurity campaign. The funding supports nearly 70 organizations, alongside employee volunteering under the “Powering Plates. Nourishing Neighbors.” campaign.
Support includes $100,000 for FoodShare South Carolina hubs in the Upstate. Grants throughout November will support food distributions, student food programs and meal delivery. The campaign concludes on Dec. 1 with $130,000 in Giving Tuesday microgrants to dozens of community organizations.
Duke Energy (NYSE: DUK) has posted its third-quarter 2026 financial results on its investor website at duke-energy.com/investors.
CEO Harry Sideris and CFO Brian Savoy will discuss the results and other business and financial updates at 10 a.m. ET on Nov. 5, 2026. A webcast recording will be available on the investor website on Nov. 6.
Duke Energy (NYSE: DUK) received Florida Public Service Commission approval to lower its Florida subsidiary's electricity rates in 2027. Typical residential customers using 1,000 kilowatt-hours per month will pay $33 less in January 2027 than in January 2026. The company attributes part of that reduction to a recently implemented tax strategy that avoided a scheduled 2027 base-rate increase.
From December 2026 to January 2027, residential bills at that usage will decrease approximately $0.95; commercial and industrial rates will fall between 0.9% and 3.8%, with impacts varying. Residential customers will receive an additional $10 reduction per 1,000 kilowatt-hours in March under the temporary March-through-November reduction. The company plans continued renewable-energy and infrastructure investment.
Piedmont Natural Gas, a Duke Energy (DUK) subsidiary, is reminding customers how to recognize and respond to suspected natural gas leaks. Mercaptan, an odorant added to otherwise odorless natural gas, gives it a rotten-egg smell. Other warning signs include bubbling water, blowing dirt, dead plants or a hissing sound near a gas line or meter.
Anyone suspecting a leak should leave immediately and call Piedmont at 800.752.7504 or 911 from somewhere away from the smell. Customers should not return until a Piedmont technician or emergency responder says the area is safe. Natural gas detectors provide an additional alert; an alarm also calls for leaving the area and contacting emergency help.
Duke Energy (NYSE: DUK), through its Florida subsidiary, shared household energy-saving tips focused on devices that consume electricity while idle. The company estimates these devices account for roughly 5% to 10% of a residential customer's total energy use, with often upward of 40 in a typical home. Its recommendations include unplugging unused devices, using smart power strips, enabling energy-saving settings and choosing energy-efficient replacements when needed.
Duke Energy (NYSE: DUK) lineworkers earned six awards at the International Lineman's Rodeo, held Oct. 17 in Bonner Springs, Kansas.
Justin McCarson, Heath Burrell and Miles Bell placed second overall in the journeyman division, while Keith Griffin, Jay Tipton and Sandy Barnhill won the journeyman seniors division. Duke Energy sent 57 lineworkers who qualified through its regional competitions earlier in 2026. The international event drew approximately 1,250 competitors, testing skills used in grid maintenance and power restoration, with evaluation based on speed, agility, technique and adherence to safety procedures.
Duke Energy (DUK) is reminding Florida electric vehicle owners about monthly bill credits through its off-peak charging program.
Since the program launched in 2022, enrolled Duke Energy Florida customers have received a collective $1.5 million in bill credits for changing their charging behavior. Eligible customers using a Level 2 charger can earn $7.50 monthly by charging during off-peak hours: 10 a.m. to 6 p.m. and 11 p.m. to 5 a.m. Monday through Friday, and anytime on weekends and holidays. The program is available to Duke Energy Florida residential customers, with up to two EVs per account.
Duke Energy (DUK), through its foundation, is investing $190,000 in South Carolina communities to support Main Street revitalization efforts.
Twenty-two organizations have received grants of up to $10,000 for community-led projects in downtown districts, neighborhood centers and commercial corridors. Funding will support facade improvements, wayfinding signage, public gathering spaces and small business incentives or microgrants. Recipients include municipalities, Florence Downtown Development Corporation and Laurens County Chamber Foundation.
Duke Energy (DUK) reported that its Florida subsidiary restored power to approximately 10,000 customers following Hurricane Isaias.
About 2,200 customers remained without power across North Florida after the hurricane cleared Florida. The company expects to finish restoration on the afternoon of October 10, 2026. Resources deployed from across the state supported repairs, with crews working around the clock. Duke Energy credits its grid investments with reducing outages, shortening their duration and helping crews restore service faster during severe weather.
Duke Energy (DUK) is preparing crews and equipment for potential storm damage and power outages from Isaias' remnants in the Carolinas. Rain and wind gusts could affect the region Saturday and Sunday, with the greatest outage risk in North Carolina's mountains and South Carolina's Upstate. Crews are preparing to move to hardest-hit areas. Restoration will begin when safe; hazardous travel and high winds may delay repairs.