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Duke Energy Corp. - DUK STOCK NEWS

Welcome to our dedicated news page for Duke Energy (Ticker: DUK), a resource for investors and traders seeking the latest updates and insights on Duke Energy.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Duke Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Duke Energy's position in the market.

Rhea-AI Summary
Duke Energy offers energy-saving tips and tools to customers to help manage energy usage and reduce utility bills. The company's meteorologists reported peak highs in the upper 70s to mid-80s and peak lows in the 30s and mid-40s for December and January. Tips include adjusting thermostat settings, changing air filters regularly, checking for air leaks, replacing standard bulbs with LEDs, and managing water heating. Duke Energy also offers programs like Budget Billing and Installment/Payment Plans to help customers better manage their monthly energy expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
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Rhea-AI Summary
Duke Energy (NYSE: DUK) has been recognized as one of America's Most JUST Companies for the second consecutive year, ranking 57th overall in 2024, up from 79th in 2023. The company is committed to a future that offers reliable, accessible, and affordable clean energy, transitioning to low- and zero-emissions energy, investing in communities, and developing a diverse workforce. Duke Energy plans to invest $145 billion over the next decade to fund critical energy infrastructure, leading to $250 billion in economic output and supporting 20,000 jobs annually. The company is also focused on increasing diversity across its workforce, ensuring a just transition as it retires coal, and investing in supply chain resiliency. Duke Energy aims to achieve at least a 50 percent carbon reduction by 2030 and net-zero carbon emissions by 2050, making it a top U.S. renewable energy provider.
Rhea-AI Impact
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End-of-Day
-0.2%
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Rhea-AI Summary
Duke Energy is offering Florida customers the opportunity to earn up to $1,700 in home improvement rebates through their Home Energy Check program, encouraging energy efficiency and cost savings. The program provides expert recommendations for upgrades and offers incentives for improvements such as attic insulation, duct testing and repair, high-efficiency HVAC replacement, and energy-efficient windows for single-family homes, as well as HVAC replacement for manufactured homes and multifamily properties.
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Rhea-AI Sentiment
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-0.2%
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Rhea-AI Summary
Duke Energy Florida has announced a $50,000 donation to St. Petersburg College's Promise Scholarship program to provide upcoming high school graduates with the opportunity to attend SPC at no cost to them. The funding reinforces the company's support for the college and its commitment to creating a diverse, skilled workforce representative of the communities it serves. SPC's Promise Scholarship was launched last year as a pilot program for graduates of five area high schools with the highest poverty rates in Pinellas County. In 2023, more than 460 students received the scholarship, and the program has now been expanded to include graduates from eight high schools. The scholarship monies are disbursed on a first-come, first-served basis, and more details are available at spc.edu/promisescholarship.
Rhea-AI Impact
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End-of-Day
2.05%
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Rhea-AI Summary
Duke Energy supports South Carolina's rapid population growth by proposing new energy generation resources to meet increasing electricity demand. The company aims to maintain reliability and affordability through a diverse 'all of the above' approach.
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0.31%
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Duke Energy Florida is proposing investments to increase power plant efficiency, reduce outages, and expand solar generation as part of increased base rates taking effect in January 2025. The company is requesting an average annual base rate increase of approximately 4% during 2025 through 2027. Despite the requested base rate increase, the company expects overall customer bills to decrease in 2025. The rate request aims to deliver a smarter energy future, decrease outages, and shorten restoration times for customers and communities, while reducing emissions at a reasonable cost. The proposed investments include continued grid modernization, enhancements to power plants, and the construction of 14 new solar plants between 2025 and 2027, adding another 1,050 megawatts of clean energy to Florida's grid. Duke Energy Florida is also exploring innovative clean energy technologies, such as long-duration energy storage and the DeBary Hydrogen project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
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Rhea-AI Summary
Duke Energy Carolinas will implement new rates for North Carolina customers on Jan. 15 as approved by the North Carolina Utilities Commission. The rates will remain below the national average, even after $7.7 billion in upgrades to make the electric grid more resilient. The approval includes performance incentives to hold the utility accountable for reliability, encourage renewables, and reduce peak system loads.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
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Rhea-AI Summary
Duke Energy has launched an EV charger rental program in North Carolina, approved by the North Carolina Utilities Commission, allowing customers to lease an EV charger at a low monthly cost. The program offers a wide range of charger options for residential and non-residential customers, supporting the state's clean energy goals. Duke Energy has a variety of customer programs to prepare for the electric vehicle transition, including Charger Prep Credit program and a 12-month EV charging subscription pilot program. The company is executing an aggressive clean energy transition to achieve net-zero carbon emissions from electricity generation by 2050.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
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Rhea-AI Summary
Duke Energy is offering Florida customers up to $1,700 in home improvement rebates through their Home Energy Improvement program. Customers can earn rebates for upgrades to their home's energy efficiency, including HVAC systems, windows, ducts, and attic insulation. The program also provides expert recommendations for improvements based on the home's energy usage. Single-family homes may qualify for up to $800 for attic insulation, 50% of the cost of duct tests, up to $200 for duct repairs, and up to $300 for high-efficiency HVAC replacements. Energy-efficient windows can also earn up to $400 in rebates. Manufactured homes and multifamily properties can receive $150 in rebates for HVAC replacements. The program aims to help customers save money and energy while adding value to their homes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
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Rhea-AI Summary
Duke Energy Florida collaborates with the Arbor Day Foundation's Energy-Saving Trees program to distribute 900 free trees to Florida customers. The company is donating $50,000 to the Arbor Day Foundation to purchase and distribute the trees. The initiative aims to improve power reliability, conserve energy, and maximize environmental benefits. The trees are expected to be delivered in time for National Arbor Day, April 26, 2024. Duke Energy Florida has been recognized for its tree management practices for 18 consecutive years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
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Duke Energy Corp.

NYSE:DUK

DUK Rankings

DUK Stock Data

73.21B
768.77M
0.14%
66.6%
1.09%
Nuclear Electric Power Generation
Utilities
Link
US
Charlotte

About DUK

headquartered in charlotte, n.c., duke energy is one of the largest energy holding companies in the united states. its electric utilities and infrastructure business unit serves approximately 7.5 million customers located in six states in the southeast and midwest. the company's gas utilities and infrastructure business unit distributes natural gas to approximately 1.6 million customers in the carolinas, ohio, kentucky and tennessee. its commercial renewables business unit operates a growing renewable energy portfolio across the united states. duke energy is a fortune 125 company traded on the new york stock exchange under the symbol duk.