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Duke Energy (DUK) Stock News

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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.

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Duke Energy (NYSE: DUK) is sharing summer tips to help Carolinas customers cut energy use and manage bills as temperatures reach the 90s. Suggestions include higher thermostat settings, cooler water for laundry, using ceiling fans, and closing curtains.

According to Duke Energy, customers can also enroll in free Home Energy House Call assessments and smart thermostat programs like Power Manager and EnergyWise Home to receive customized efficiency advice and bill credits for shifting usage to off-peak times.

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Duke Energy (NYSE:DUK), through the Duke Energy Foundation, is providing $500,000 in 2026 HERO grants to 34 nonprofits and government agencies across South Carolina to support emergency preparedness for the 2026 hurricane season.

Since 2022, the HERO program has funded 133 grants totaling $2.5 million.

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Duke Energy (NYSE:DUK) was selected by the U.S. Department of Energy for up to $61.8 million in new grants to support reliability and refurbishment projects at coal plants in Kentucky and North Carolina.

Combined with a prior $34 million grant, total DOE support reaches nearly $96 million, aimed at critical upgrades while helping keep customer costs lower.

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Duke Energy (NYSE: DUK) is providing $500,000 in Duke Energy Foundation grants to support nonprofit-led programs that assist small businesses across North Carolina. Eligible nonprofits can receive up to $25,000, which will be distributed as microgrants of up to $5,000 to individual small businesses.

Applications are open through June 30, 2026. According to Duke Energy, the Foundation has committed more than $2.9 million to North Carolina small businesses since 2020 and provides nearly $30 million annually in philanthropic support.

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Duke Energy (NYSE: DUK) highlighted how its Site Readiness Program helped prepare the Bailey Industrial Site in Cherokee County, South Carolina, for USA Rare Earth's planned $1.2 billion advanced manufacturing facility, expected to create 490 new jobs.

Since 2005, program sites in South Carolina have attracted $3.5 billion in capital investment and over 5,200 jobs, with Duke Energy evaluating 102 sites and 26 companies choosing program locations.

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Duke Energy Florida (NYSE:DUK) will implement its third 2026 rate reduction from June through September, lowering a typical 1,000-kWh residential bill by about $50, or 25%, versus January.

Reductions stem from early storm-cost charge removal, seasonal savings programs, a storm-cost true up, plant efficiencies, new solar sites and Inflation Reduction Act tax credits.

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Duke Energy (NYSE: DUK) is providing $500,000 in grants through the Duke Energy Foundation to 20 North Carolina nonprofits and local governments ahead of the 2026 hurricane season. Funds support emergency preparedness, better storm coordination, safer recovery, and local resilience, including shelter capacity, rescue equipment, communications and flood monitoring.

Since 2016, the Foundation has invested over $8.9 million in North Carolina emergency preparedness and storm response and provides nearly $30 million annually in philanthropic support funded by Duke Energy shareholders.

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Duke Energy (NYSE:DUK) received approval to launch the PowerShare Storage nonresidential demand response program in South Carolina. The program uses customer-sited energy storage as a flexible grid resource and offers bill credits to commercial, industrial, government and other nonresidential participants.

Incentives include a one-time connectivity credit of $120/kW, an additional $30/kW credit for systems charged with renewable energy, a monthly capacity credit of $3.50/kW (minus verified losses) and an energy curtailment credit of $0.10/kWh during events. Duke Energy plans to begin operating PowerShare Storage in August 2026.

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Duke Energy (NYSE:DUK), through the Duke Energy Foundation, is awarding $130,000 to 10 organizations across Florida ahead of the 2026 hurricane season starting June 1.

Grants support storm preparedness, emergency communications, senior and vulnerable resident protection, training programs, and coordinated recovery efforts, complementing Duke Energy’s ongoing grid hardening and resiliency initiatives in its Florida service area.

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Duke Energy (NYSE:DUK), through the Duke Energy Foundation, is awarding $30,000 in Memorial Day grants to South Carolina nonprofits supporting veterans' workforce development as part of its America250 initiative.

$15,000 each goes to Hidden Wounds and Upstate Warrior Solution, aiding job readiness across eight counties and contributing to more than $550,000 invested in the Palmetto State.

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FAQ

What is the current stock price of Duke Energy (DUK)?

The current stock price of Duke Energy (DUK) is $122.05 as of June 8, 2026.

What is the market cap of Duke Energy (DUK)?

The market cap of Duke Energy (DUK) is approximately 96.8B.