Welcome to our dedicated page for Duke Energy news (Ticker: DUK), a resource for investors and traders seeking the latest updates and insights on Duke Energy stock.
Duke Energy Corporation reports developments tied to one of the largest regulated utility platforms in the United States. The company operates electric utilities serving customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and natural gas utilities in North Carolina, South Carolina, Ohio and Kentucky.
Recurring news themes include quarterly financial results, common and preferred stock dividends, electric grid modernization, generation investments, customer cost initiatives, and regulatory approvals affecting power plants and utility service. Company updates also cover nuclear generation, natural gas and other resource additions, federal and state regulatory matters, and Duke Energy Foundation community programs in the utility territories it serves.
Duke Energy Carolinas (NYSE: DUK) has filed a rate review request with South Carolina regulators, seeking an annual revenue increase of $150.5 million, representing a 7.7% increase over current revenues. If approved, the new rates would take effect March 1, 2026.
The proposal would increase monthly bills for typical residential customers using 1,000 kilowatt-hours from $136.82 to $147.19, a $10.38 increase. Commercial customers face an average 5.4% increase, while industrial customers would see approximately 5.2% higher rates.
The rate adjustment reflects investments in grid strengthening, storm readiness, and generation fleet maintenance serving nearly 680,000 retail electric customers across 18 South Carolina counties. The company's smart, self-healing technology has already demonstrated effectiveness during Hurricane Helene, automatically restoring over 35,000 customer outages and saving more than 153,000 hours of total outage time.
Duke Energy (NYSE: DUK) has set a new preliminary summer usage record of 35,269 MWh on June 24, 2025, surpassing the previous summer record of 34,439 MWh from July 2024. The achievement comes amid triple-digit temperatures in the Carolinas, where customers helped manage peak demand through conservation efforts.
Over 521,000 Carolinas customers participated in demand response programs during June 23-24. The company relies on a diverse energy mix including nuclear, natural gas, hydro, renewables, and coal to meet high demand periods. Duke Energy continues to expand its portfolio with plans for solar, energy storage, and new natural gas plants over the next five years.
The company has also outlined various energy-saving programs and initiatives for customers, including home energy assessments, rebates for equipment upgrades, and payment assistance options.