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.

Duke Energy Florida si sta preparando per l'Uragano Helene, previsto per fare landfall in Florida come una potenziale tempesta di categoria quattro. L'azienda ha 8.000 lavoratori pronti a rispondere a diffuse interruzioni di corrente, con quasi 4.000 posizionati a The Villages, in Florida centrale. Duke Energy sottolinea l'importanza della sicurezza dei clienti e ha fornito protocolli di sicurezza.

La Fondazione Duke Energy ha stanziato 50.000 dollari per la Croce Rossa Americana per le operazioni di risposta e aiuto in caso di calamità. Questo si aggiunge ai 3,5 milioni di dollari donati negli ultimi cinque anni e a una precedente sovvenzione di 100.000 dollari per aggiornare l'app di Emergenza dell'organizzazione.

Duke Energy Florida, una sussidiaria di Duke Energy (NYSE: DUK), fornisce elettricità a 2 milioni di clienti in un'area di servizio di 13.000 miglia quadrate in Florida. La società madre serve 8,4 milioni di clienti elettrici in sei stati e sta portando avanti una transizione ambiziosa verso l'energia pulita.

Duke Energy Florida se está preparando para el Huracán Helene, que se espera toque tierra en Florida como una posible tormenta de categoría cuatro. La empresa tiene 8,000 trabajadores listos para responder a los cortes de energía generalizados, con casi 4,000 posicionados en The Villages, Florida Central. Duke Energy enfatiza la importancia de la seguridad del cliente y ha proporcionado protocolos de seguridad.

La Fundación Duke Energy ha otorgado $50,000 a la Cruz Roja Americana para los esfuerzos de respuesta y alivio ante desastres. Esto se suma a $3.5 millones donados en los últimos cinco años y a una subvención anterior de $100,000 para mejorar la aplicación de Emergencia de la organización.

Duke Energy Florida, una subsidiaria de Duke Energy (NYSE: DUK), suministra electricidad a 2 millones de clientes en un área de servicio de 13,000 millas cuadradas en Florida. La empresa matriz sirve a 8.4 millones de clientes eléctricos en seis estados y está llevando a cabo una ambiciosa transición hacia la energía limpia.

Duke Energy Florida는 허리케인 헬렌에 대비하고 있으며, 예상되는 카테고리 4의 폭풍우로 플로리다에 상륙할 것으로 보입니다. 이 회사는 광범위한 정전 사태에 대응할 8,000명의 직원을 준비하고 있으며, 그 중 거의 4,000명이 중앙 플로리다의 더 빌리지를 포함하고 있습니다. Duke Energy는 고객 안전의 중요성을 강조하고 있으며, 안전 프로토콜을 제공하고 있습니다.

Duke Energy 재단은 재난 대응 및 구호 노력을 위해 미국 적십자사에 $50,000를 기부했습니다. 이는 지난 5년 동안 기부된 $3.5백만 달러와 조직의 긴급 앱을 업그레이드하기 위한 이전의 $100,000 기부에 추가됩니다.

Duke Energy Florida는 Duke Energy(뉴욕증권거래소: DUK)의 자회사로서, 플로리다의 13,000 제곱 마일의 서비스 지역에 200만 고객에게 전기를 공급합니다. 모회사는 6개 주에 걸쳐 840만 전기 고객에게 서비스를 제공하며, 야심 찬 청정 에너지 전환을 실행하고 있습니다.

Duke Energy Florida se prépare pour l'ouragan Helene, qui devrait toucher la Floride en tant que tempête potentielle de catégorie quatre. L'entreprise a 8 000 travailleurs prêts à répondre à des pannes de courant généralisées, avec près de 4 000 employés positionnés dans The Villages, en Floride centrale. Duke Energy souligne l'importance de la sécurité des clients et a fourni des protocoles de sécurité.

La Fondation Duke Energy a accordé 50 000 $ au Croissant-Rouge américain pour les efforts de réponse et d'aide en cas de catastrophe. Cela s'ajoute aux 3,5 millions de dollars donnés au cours des cinq dernières années et à une subvention précédente de 100 000 $ pour mettre à niveau l'application d'urgence de l'organisation.

Duke Energy Florida, une filiale de Duke Energy (NYSE : DUK), fournit de l'électricité à 2 millions de clients sur une zone de service de 13 000 milles carrés en Floride. La société mère sert 8,4 millions de clients électriques dans six États et met en œuvre une transition énergétique propre ambitieuse.

Duke Energy Florida bereitet sich auf Hurrikan Helene vor, der in Florida als potenzieller Sturm der Kategorie vier auf Land treffen soll. Das Unternehmen hat 8.000 Mitarbeiter bereit zur Reaktion auf weitreichende Stromausfälle, wobei sich fast 4.000 in The Villages, Zentral-Florida, befinden. Duke Energy betont die Bedeutung der Sicherheit der Kunden und hat Sicherheitsprotokolle bereitgestellt.

Die Duke Energy Stiftung hat 50.000 Dollar an das Amerikanische Rote Kreuz gespendet für Katastrophenhilfe und Hilfsmaßnahmen. Dies kommt zu den 3,5 Millionen Dollar, die in den letzten fünf Jahren gespendet wurden, sowie zu einem früheren Zuschuss von 100.000 Dollar zur Aktualisierung der Notfall-App der Organisation.

Duke Energy Florida, eine Tochtergesellschaft von Duke Energy (NYSE: DUK), liefert Strom an 2 Millionen Kunden über ein Servicegebiet von 13.000 Quadratmeilen in Florida. Das Mutterunternehmen bedient 8,4 Millionen elektrische Kunden in sechs Bundesstaaten und führt einen ehrgeizigen Übergang zu sauberer Energie durch.

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

Insights

Hurricane Helene's imminent landfall as a potential category four storm poses a significant threat to Duke Energy's infrastructure in Florida. The company's preparation of 8,000 workers, including 4,000 in Central Florida, indicates the severity of expected damage and extended outages. This proactive approach is important but may still result in prolonged service disruptions affecting 2 million customers across a 13,000-square-mile service area.

The $50,000 donation to the American Red Cross, while commendable, is relatively small compared to the potential economic impact of widespread outages. However, it's part of a larger $3.5 million commitment over five years, showing ongoing support for disaster preparedness.

Investors should note that while such storms can lead to short-term financial setbacks due to repair costs and lost revenue, they also often result in regulatory approval for infrastructure improvements, potentially benefiting Duke Energy in the long term. The company's emphasis on customer safety and communication during this crisis may also enhance its reputation and customer relations.

Duke Energy's response to Hurricane Helene highlights the ongoing challenges faced by utility companies in disaster-prone regions. The company's substantial workforce mobilization demonstrates its operational readiness, but also underscores the potential for significant capital expenditures in the aftermath of the storm.

Investors should consider the following:

  • Short-term financial impact: Expect increased costs for emergency response and repairs, potentially affecting quarterly earnings.
  • Regulatory environment: Florida's regulatory framework typically allows for recovery of storm-related costs, which could mitigate long-term financial impacts.
  • Grid resilience investments: This event may accelerate Duke Energy's plans for grid hardening and modernization, potentially leading to increased capital expenditures but also improved long-term reliability.
  • Climate change adaptation: The frequency and intensity of such storms may influence Duke Energy's long-term strategy and investment in resilience measures.

While the immediate outlook may be challenging, Duke Energy's proactive stance and experience in managing such events could provide stability in the long run.

  • 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 Corporation

NYSE:DUK

DUK Rankings

DUK Latest News

DUK Stock Data

89.74B
772.20M
0.14%
66.7%
1.14%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States of America
CHARLOTTE