STOCK TITAN

Duke Energy anticipates widespread damage, extended outages; encourages customers to prioritize safety

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Duke Energy Florida is preparing for Hurricane Helene, expected to make landfall in Florida as a potential category four storm. The company has 8,000 workers ready to respond to widespread power outages, with nearly 4,000 positioned in The Villages, Central Florida. Duke Energy emphasizes the importance of customer safety and has provided safety protocols.

The Duke Energy Foundation has awarded $50,000 to the American Red Cross for disaster response and relief efforts. This is in addition to $3.5 million donated over the last five years and a previous $100,000 grant to upgrade the organization's Emergency app.

Duke Energy Florida, a subsidiary of Duke Energy (NYSE: DUK), supplies electricity to 2 million customers across a 13,000-square-mile service area in Florida. The parent company serves 8.4 million electric customers across six states and is executing an ambitious clean energy transition.

Loading...
Loading translation...

Positive

  • 8,000 workers ready to respond to power outages
  • $50,000 donation to American Red Cross for disaster relief
  • $3.5 million donated to American Red Cross over last five years
  • 2 million customers served in Florida

Negative

  • Anticipation of widespread damage and extended outages due to Hurricane Helene
  • Potential disruption to power supply and infrastructure

News Market Reaction

-0.89%
1 alert
-0.89% News Effect

On the day this news was published, DUK declined 0.89%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

  • Awards $50,000 to the American Red Cross as Hurricane Helene makes landfall in Florida later today

ST. PETERSBURG, Fla., Sept. 26, 2024 /PRNewswire/ -- As Hurricane Helene makes landfall in Florida later today, Duke Energy Florida is reminding customers that the company has 8,000 workers, including nearly 4,000 in The Villages in Central Florida, ready to respond to widespread power outages as soon as conditions allow. The company is also encouraging customers to remain informed and vigilant – while prioritizing safety above all else – before, during and after the storm.

"Hurricane Helene poses a significant threat to Florida's Big Bend and other communities along the state's west coast. The potential of a category four storm can cause widespread damage to our equipment resulting in extended outage durations for our customers," said Todd Fountain, Duke Energy Florida storm director. "We can't overstate how critical it is for our customers in these areas to keep safety top of mind in the hours and days ahead."

In anticipation of the Hurricane Helene, the Duke Energy Foundation has awarded $50,000 to the American Red Cross to support disaster response and relief efforts. This is in addition to the $3.5 million the Foundation has donated specifically to the American Red Cross' emergency response work in Florida over the last five years, as well as a previous $100,000 grant to upgrade the organization's Emergency app.  

"The American Red Cross offers life-saving services in the aftermath of hurricanes and other disasters," said Melissa Seixas, Duke Energy Florida state president. "It's our privilege to contribute to this important mission and help ensure our fellow Floridians can get back on their feet as quickly as possible post-Helene."

Customers are advised to practice the safety protocols below:

  • Have a portable radio, TV or NOAA Weather Radio on hand to monitor the storm's latest developments.
  • In case of strong winds, stay away from windows and doors, even if they are covered. Seek shelter in a small interior room, closet or hallway on the lowest floor.
  • Disconnect or turn off any nonessential electrical equipment that may start automatically when power is restored to avoid overloading circuits.
  • Do not open freezers or refrigerators more than necessary. Opening these appliances will allow food to thaw quicker. For more information, see the FDA's food safety guidelines.

To report a power outage, text OUT to 57801, call 800.228.8485 or report online or through the mobile app. For more safety tips, please visit duke-energy.com/StormTips

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.  

Duke Energy 
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. 

Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear.  

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: Ana Gibbs
24-Hour: 800.559.3853 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/duke-energy-anticipates-widespread-damage-extended-outages-encourages-customers-to-prioritize-safety-302259972.html

SOURCE Duke Energy

FAQ

How is Duke Energy (DUK) preparing for Hurricane Helene in Florida?

Duke Energy has 8,000 workers ready to respond to power outages, with nearly 4,000 positioned in The Villages, Central Florida. The company is emphasizing customer safety and has provided safety protocols.

What financial support has Duke Energy (DUK) provided for hurricane relief efforts?

Duke Energy Foundation has awarded $50,000 to the American Red Cross for Hurricane Helene relief efforts, in addition to $3.5 million donated over the last five years and a previous $100,000 grant for the Emergency app upgrade.

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

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

What safety advice does Duke Energy (DUK) offer for customers during Hurricane Helene?

Duke Energy advises customers to have a portable radio or TV, stay away from windows and doors, disconnect nonessential electrical equipment, minimize opening freezers or refrigerators, and report outages via text, call, online, or mobile app.
Duke Energy Corp

NYSE:DUK

DUK Rankings

DUK Latest News

DUK Latest SEC Filings

DUK Stock Data

93.51B
776.54M
0.13%
69.73%
1.81%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States
CHARLOTTE