Duke Energy offers ways South Carolina customers can save energy and money as winter officially begins
Rhea-AI Summary
Duke Energy (DUK) announces initiatives to help South Carolina customers manage energy costs during winter. The company offers a free home energy assessment through the Home Energy House Call program, providing customers with efficiency kits, usage reports, and expert recommendations. The Smart $aver® home improvement rebate programs support insulation and sealing improvements. Additional offerings include the Flex Savings Option, a time-of-use rate program, and Usage Alerts for better bill prediction.
The company provides several energy-saving tips including thermostat management, regular maintenance, utilizing natural sunlight, proper sealing, LED lighting, optimal ceiling fan usage, and water heater settings. Duke Energy serves 8.4 million electric customers across six states and is working toward net-zero carbon emissions from electricity generation by 2050.
Positive
- Offering free home energy assessment program to help customers reduce costs
- Implementation of Smart $aver® rebate program for home improvements
- Introduction of Flex Savings Option for time-based rate savings
- Large customer base of 8.4 million electric customers across six states
Negative
- None.
News Market Reaction – DUK
In the trading session that priced this news, DUK declined 1.97%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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- Free home energy assessment available in-home and virtually.
- Seal and insulate your home and save through rebate program.
- B-roll available: Virtual home energy assessment, energy efficiency tips
Duke Energy customers can sign up for a free home energy assessment through the Home Energy House Call program to prepare their home for cooler temperatures. Through education and awareness of energy use from energy specialists, customers find ways to save energy and money by being more efficient. Customers receive a free energy efficiency kit, a customized usage report, low-cost tips and expert recommendations to help them see energy savings.
Another way customers can save is through the Smart $aver® home improvement rebate programs. Insulating and sealing your home ahead of the winter months will help keep warm air in and cold air out to help manage energy and save money.
Customers can also save by signing up for our Flex Savings Option – a time-of-use rate that enables you to lower your energy costs by simply shifting portions of your energy use to off-peak times. Powered by your smart meter, it is a rate designed to give you greater control over managing your energy bill.
Better predict what you will spend on electricity by reviewing the Usage Alerts that arrive midway through a billing cycle. By having a smart meter and an email address on file, customers automatically are enrolled to receive a Usage Alert notification that shows how much electricity customers are using and how much it may cost in time to adjust. Customers can track energy usage down to the hour, day or week. The goal is to see when energy use is spiking and adjust habits that may be driving it up. Simply sign in to your online account or create one here.
Low- to no-cost energy-saving tips and projects
In addition to our programs, incentives and rates, customers can also use these low- to no-cost tips to save energy this season:
- Reduce your thermostat to the lowest comfortable setting. The closer you match your thermostat to outdoor temperatures, the lower you can make your bill. Even a couple of degrees make it easier on your heating systems and your wallet.
- Change your air filter and schedule regular maintenance for your heating systems. Maintaining your heating systems can help increase efficiency.
- Leave drapes or blinds open during sunny winter days to allow the sun's rays to warm the house but close them at night to help insulate your home.
- Seal cracks in windows, doors and vents with caulking and weatherstripping to save
10% to20% in heating costs.
- Replace standard bulbs with LEDs. LEDs are more efficient than regular bulbs, while giving off the same amount of light. Replacing just six of your most frequently used bulbs with LEDs can save up to
$480
- Operate ceiling fans in a clockwise direction in the winter, which pushes warm air back down into the room. (Most fans have a switch that allows you to reverse the motor.) While fans move air and make people more comfortable, they do not provide heat, so remember to turn the fan off when you leave the room.
- Manage water heating. Set your water heater to 120 degrees or less. Water heating is typically the second biggest user of energy in your home.
Visit our Winter Energy Savings webpage for more information: duke-energy.com/SeasonalSavings.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in
Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear.
Contact: Ryan Mosier
24-Hour: 800.559.3853
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SOURCE Duke Energy