As summer approaches, Duke Energy dedicates $200,000 to help low-income Hoosiers manage home energy costs

Rhea-AI Summary

Duke Energy (DUK) has allocated $200,000 to its Share the Light Fund to assist low-income Indiana customers with summer energy costs. Working with the Indiana Community Action Association, the program offers up to $300 per qualifying customer for energy bills, deposits, and connection charges. Over the past five years, Duke Energy's fund has provided over $4 million in assistance, helping nearly 15,000 Indiana households. The company also offers various energy management tools including Usage Alerts, free Home Energy House Calls, and flexible payment plans. Duke Energy Indiana serves approximately 910,000 customers across a 23,000-square-mile service area with 6,300 megawatts of owned electric capacity.

Positive

• Commitment of $200,000 to help low-income customers demonstrates corporate social responsibility
• Strong track record with $4 million in assistance provided over past 5 years, helping 15,000 households
• Comprehensive support system including usage alerts, energy assessments, and flexible payment options
• Large established customer base of 910,000 customers in Indiana

Negative

• Allocation of funds may impact company's financial resources
• Limited assistance amount of $300 per qualifying customer may not fully address energy cost challenges
• Program limited to Indiana customers only

• Over the last five years, Duke Energy's Share the Light Fund^® has provided more than $4 million of assistance, supporting nearly 15,000 Indiana households

PLAINFIELD, Ind., June 3, 2025 /PRNewswire/ -- Duke Energy Indiana is dedicating $200,000 to its Share the Light Fund to support customers facing financial hardship this summer. The funding aims to help families and individuals manage their energy costs amid rising temperatures and higher energy use.

"The financial assistance we offer through the Share the Light Fund helps connect customers in need to resources to help pay their electric bills and stay cool through the summer," said Stan Pinegar, president of Duke Energy Indiana. "We appreciate our longtime partnership with statewide community action agencies who help identify customers in need and distribute the funds."

Duke Energy works with the Indiana Community Action Association to provide up to $300 to qualifying customers to help pay energy bills, deposits and reconnection/connection charges. Individuals should contact their local community action agency to see if they are eligible. Visit incap.org/energy-assistance to find a listing of service providers by county.

"High seasonal energy bills can cause financial strain for families experiencing economic hardship," said Ed Gerardot, executive director of the Indiana Community Action Agency. "With the support of partners like Duke Energy, we're extending a helping hand to people who are facing tough times by connecting them with resources to offset their expenses and increase their financial stability."

Over the last five years, Duke Energy shareholders, its employees and voluntary contributions from customers have provided more than $4 million in bill assistance through the Share the Light Fund, which has helped support nearly 15,000 Indiana households.

Duke Energy offers more than a dozen tools and resources to help customers take control of their energy use – and save money – while trying to stay cool. They include:

• Usage Alerts that send customers a notification of how much electricity they are using and its cost so they can make adjustments before their billing period ends
• Free Home Energy House Calls, where energy professionals assess a home for efficiency and provide homeowners with a toolkit of energy-saving devices
• Interest-free payment plans and due date extensions for customers needing flexibility

To learn more about these programs, visit duke-energy.com/HereToHelp.

Duke Energy Indiana

Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,300 megawatts of owned electric capacity to approximately 910,000 customers in a 23,000-square-mile service area, making it Indiana's largest electric supplier.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.

Contact: McKenzie Barbknecht
24-Hour: 800.559.3853

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SOURCE Duke Energy

FAQ

How much is Duke Energy dedicating to help Indiana customers with energy costs in summer 2025?

Duke Energy is dedicating $200,000 to its Share the Light Fund to help Indiana customers manage their energy costs in summer 2025.

What is the maximum amount of assistance available per customer through Duke Energy's Share the Light Fund?

Qualifying customers can receive up to $300 in assistance for energy bills, deposits, and reconnection/connection charges.

How many Indiana households has Duke Energy's Share the Light Fund helped over the past 5 years?

Over the past five years, the Share the Light Fund has helped nearly 15,000 Indiana households with more than $4 million in assistance.

What additional energy management tools does Duke Energy (DUK) offer to customers?

Duke Energy offers Usage Alerts, free Home Energy House Calls with energy-saving toolkits, and interest-free payment plans with due date extensions.

How many customers does Duke Energy Indiana serve?

Duke Energy Indiana serves approximately 910,000 customers across a 23,000-square-mile service area with 6,300 megawatts of owned electric capacity.