Duke Energy restores power for 98% of customers from Wednesday's storm; work continues for hard-hit areas in Clark, Floyd counties
Rhea-AI Summary
Duke Energy (NYSE: DUK) has successfully restored power to over 98% of customers affected by Wednesday's severe weather in Indiana. The company has reduced storm-related outages from nearly 97,000 to approximately 1,000 customers, primarily in Clark and Floyd counties, as of 9 a.m. ET Friday.
The restoration process prioritizes repairing large power lines and infrastructure that will restore service to the maximum number of customers, followed by essential services like hospitals and water facilities. Duke Energy Indiana, the state's largest electric supplier, serves approximately 910,000 customers across a 23,000-square-mile service area with 6,300 megawatts of owned electric capacity.
Positive
- Rapid restoration of power to 98% of affected customers
- Efficient emergency response system in place
- Large service capacity with 6,300 megawatts of owned electric capacity in Indiana
Negative
- 1,000 customers still without power in Clark and Floyd counties
- Risk of new outages from potential incoming storms
News Market Reaction – DUK
In the trading session that priced this news, DUK declined 4.13%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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- Storm-related outages across the company's service territory have decreased from nearly 97,000 to approximately 1,000
In total, storm-related power outages across the company's service territory have decreased from nearly 97,000 to approximately 1,000 – now largely concentrated in
"We've made a lot of progress, but we have to finish strong and do it safely. Restoring the last customer to service is as important as the first," said Clint Carnahan, general manager of emergency preparedness at Duke Energy. "We appreciate our customers' continued patience while we complete the work."
The company is carefully monitoring the weather closely for any incoming storms that could cause new outages. "We urge customers to remain vigilant," Carnahan said.
Power restoration process
During power restoration, the company's priority is to repair large power lines and other infrastructure that will return power to the greatest number of customers as safely, quickly and efficiently as possible. Additionally, it prioritizes essential services such as hospitals and water pumping and treatment facilities. Crews then can work on repairs affecting individual neighborhoods and homes. Click here for information on how Duke Energy restores power.
Tips on what to do before, during and after a storm can be found at duke-energy.com/safety-and-preparedness/storm-safety.
Outage updates
The most up-to-date information about power outages, including the total number of outages systemwide and estimated times of restoration, can be accessed on Duke Energy's interactive outage map.
Customers can also report and check the status of their power outage in the following ways:
- Text OUT to 57801 (standard text and data charges may apply).
- Use the Duke Energy mobile app. Download the Duke Energy App from a smartphone via Apple Store or Google Play.
- Visit duke-energy.com/outages on a desktop computer or mobile device.
- Call the automated outage-reporting system at 800.POWERON (800.343.3525).
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
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.
Contact: McKenzie Barbknecht
24-Hour: 800.559.3853
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SOURCE Duke Energy