Duke Energy offers tips to save energy and money as wide-spread heat wave brings triple digit temperatures to the Carolinas
Rhea-AI Summary
Duke Energy (NYSE: DUK) has released energy-saving tips and assistance programs for customers facing triple-digit temperatures in the Carolinas. The company's recommendations include setting thermostats to higher comfortable temperatures, using cold water for laundry, and running heat-producing appliances during cooler morning hours.
The utility provider offers several assistance programs including free home energy assessments, Smart $aver rebates for equipment upgrades, and bill credits through Power Manager® and EnergyWise® Home programs. Duke Energy also provides payment assistance through various initiatives, including the Share the Light Fund® and a new Payment Assistance Finder tool.
Positive
- Company proactively addresses customer needs during extreme weather
- Offers multiple cost-saving programs and rebates for energy efficiency
- Provides flexible payment options and assistance programs for customers
Negative
- None.
News Market Reaction – DUK
In the trading session that priced this news, DUK declined 1.94%, reflecting a mild negative market reaction.
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- Energy-saving tools and tips are available to help customers
- B-roll of energy-saving tips to beat the heat available here
Tips to save energy and money
- Set your thermostat to the highest comfortable setting. Even a couple of degrees can help save energy and money. Keep in mind: Your system will run longer – using more energy – the hotter it is outside even if your thermostat setting never changes.
- Use cooler water for washing clothes. Switching your temperature setting from hot to warm can cut a laundry load's energy use in half.
- Run heat-producing appliances during cooler morning hours for additional savings.
- Close curtains and blinds on the sunny side of your home to help prevent the sun from heating your home.
- Operate ceiling fans in a counterclockwise direction in the summer, which pushes cooler air back down into the room.
Savings programs and incentives
- Get a free home energy assessment. Customers receive a free energy efficiency kit, customized usage report, low-cost tips and expert recommendations to help them see energy savings by signing up for our free Home Energy House Call.
- Need an upgrade? Customers can take advantage of rebates for equipment like HVAC systems, water heaters and pool pumps as well as upgrades like attic insulation through our Smart $aver program.
- Get paid for shifting energy use. Customers can receive a credit on their bill for automatically shifting their energy use to times when demand for energy is lower. Enroll your smart thermostat in our Power Manager® (Duke Energy Carolinas customers)/ EnergyWise® Home (Duke Energy Progress customers) program.
Payment assistance
- Installment Payment Plans can help customers who need flexibility with paying their energy bills.
- Duke Energy works with local and state agencies to connect qualified customers with access to resources, including Share the Light Fund® and Low Income Home Energy Assistance programs.
- A new Payment Assistance Finder tool helps connect customers to local resources with just a zip code. Visit our Special Assistance page for more information.
For more ways to save, visit duke-energy.com/SummerSavings.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in
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.
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SOURCE Duke Energy