Duke Energy, Tampa Bay Rays team up with $100,000 donation to help Florida customers pay their energy bills

Rhea-AI Summary

Duke Energy and the Tampa Bay Rays have donated $100,000 to help Florida customers pay their energy bills through the Share the Light Fund®. The donation, based on $1,000 for every regular season win, will be distributed to 14 local agencies. The Share the Light Fund is a customer assistance program funded by employees, shareholders, and voluntary customer donations, with the Duke Energy Foundation matching up to $500,000 annually.

Since last year, over $1.2 million in energy bill assistance has been distributed to Florida customers through this fund. Duke Energy Florida, a subsidiary of Duke Energy, supplies electricity to 2 million customers across a 13,000-square-mile service area in Florida. The Duke Energy Foundation provides more than $30 million annually in philanthropic support to communities where Duke Energy customers live and work.

Positive

• Duke Energy and Tampa Bay Rays donated $100,000 to help customers pay energy bills
• Duke Energy Foundation matches donations up to $500,000 annually
• Over $1.2 million in energy bill assistance distributed since last year

Negative

• None.

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• Company donated $1,000 for every regular season win
• Funds provided to community agencies help residents pay utility expenses

ST. PETERSBURG, Fla., Sept. 19, 2024 /PRNewswire/ -- Duke Energy and the Tampa Bay Rays continue their commitment to our communities with a $100,000 donation to Florida agencies.

During the Tampa Bay Rays' final week at home this season, the Duke Energy Foundation presented grants to support the 14 local agencies to help customers pay their energy bills through the Share the Light Fund®.

"Duke Energy has been St. Petersburg's local electric provider for 125 years. At the very foundation of our company is a commitment to serve our customers and communities," said Melissa Seixas, Duke Energy Florida state president. "Our long-standing relationship with the Tampa Bay Rays is an effective and powerful way we can connect customers to available assistance."

The Share the Light Fund is a customer assistance program funded by employees, shareholders and voluntary customer donations to help Florida residents pay for utility expenses such as electric, natural gas, oil or wood. In addition to the funds provided by this collaboration, donations are matched, up to $500,000, by the Duke Energy Foundation annually.

"The Tampa Bay Rays are proud to support our local organizations who are assisting our most vulnerable communities," said Rays President Brian Auld. "This collaborative approach with Duke Energy gives us the opportunity to provide resources and assistance to those who need it most."

One hundred percent of funds received by Share the Light Fund are distributed to social service agencies, including: United Way Suncoast, on a monthly basis, by county to assist Duke Energy Florida customers in need.

Since last year, more than $1.2 million in energy bill assistance was distributed to Florida customers through the company's Share the Light Fund.

Residents who need financial assistance are encouraged to visit duke-energy.com/ShareTheLight to locate available resources.

Duke Energy Foundation

The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The Foundation is funded by Duke Energy shareholders.

Duke Energy Florida

Duke Energy Florida, a subsidiary of Duke Energy, owns 12,300 megawatts of energy capacity, supplying electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Tampa Bay Rays

The Tampa Bay Rays mission is to energize the community through the magic of Rays baseball. The organization is committed to building a strong community bond through meaningful interactions and charitable donations and has proudly represented Major League Baseball since 1998.

Duke Energy Media Contact: Ana Gibbs
24-Hour: 800.559.3853

Tampa Bay Rays Media Contact: Rafaela A. Amador
Office: 727.825.3236

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SOURCE Duke Energy

FAQ

How much did Duke Energy and Tampa Bay Rays donate to help Florida customers pay energy bills?

Duke Energy and the Tampa Bay Rays donated $100,000 to help Florida customers pay their energy bills through the Share the Light Fund®.

How is the donation amount for DUK's Share the Light Fund calculated based on Tampa Bay Rays' performance?

The donation is based on $1,000 for every regular season win by the Tampa Bay Rays.

How much has Duke Energy's Share the Light Fund distributed in energy bill assistance since last year?

Since last year, over $1.2 million in energy bill assistance has been distributed to Florida customers through Duke Energy's Share the Light Fund.

How many customers does Duke Energy Florida (DUK) serve?

Duke Energy Florida supplies electricity to 2 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.