Duke Energy Dedicates $100,000 To Help Low-Income Hoosiers Manage Home Energy Costs This Summer

Rhea-AI Summary

Duke Energy has allocated an additional $100,000 through its Share the Light Fund to assist low-income Indiana residents with home energy costs during the summer. This initiative is part of a broader effort that has provided over $3 million in aid to more than 10,000 households over the past five years. Customers struggling to pay their energy bills can apply for up to $300 in financial assistance. The company also offers various programs to help manage energy costs, including usage alerts, free home energy assessments, budget billing, and interest-free payment plans. Duke Energy Indiana, serving approximately 900,000 customers, is the largest electric supplier in Indiana.

Positive

• Duke Energy dedicates an additional $100,000 to assist low-income residents with energy costs.
• Over $3 million in aid provided to more than 10,000 households in the past five years.
• Customers can apply for up to $300 in financial assistance.
• Additional support programs include usage alerts, free energy assessments, budget billing, and interest-free payment plans.
• Duke Energy Indiana serves approximately 900,000 customers, making it the largest electric supplier in Indiana.

Negative

• No concrete negative financial or business aspects were reported in the press release.

• Over the last five years, Duke Energy's Share the Light Fund® has provided more than $3 million of assistance, which has helped support more than 10,000 Indiana households

PLAINFIELD, IN / ACCESSWIRE / June 13, 2024 / Duke Energy Indiana customers who may be struggling to pay their energy bills can apply now for up to $300 in financial assistance. The company announced today it has dedicated an additional $100,000 through its Share the Light Fund to help individuals and families in need.

"As temperatures climb, these funds will help reduce the burden of energy expenses for those who need it most," said Stan Pinegar, president of Duke Energy Indiana. "We want to remind customers who may be having trouble paying their utility expenses to contact us about options for managing their bills, including interest-free payment plans."

Duke Energy works with the Indiana Community Action Association to distribute funds to qualifying customers to help pay energy bills, deposits and reconnection/connection charges. Individuals should contact their local community action agency to see if they are eligible. Click here to find a listing of service providers by county.

Over the last five years, Duke Energy, its employees and its customers have provided more than $3 million in bill assistance through the Share the Light Fund, which has helped support more than 10,000 Indiana households.

Duke Energy has more than a dozen energy assistance and bill-lowering tools, including:

• Usage Alerts that send customers a notification of how much electricity they are using and its cost so they can make adjustments before their billing period ends
  
• Free Home Energy House Calls, where energy professionals assess a home for efficiency and provide homeowners with a toolkit of energy saving devices
  
• Budget Billing, which helps ease the impact of higher seasonal bills by leveling out monthly payments
  
• Interest-free payment plans for customers needing flexibility

To learn more about these programs, visit duke-energy.com/HereToHelp.

Duke Energy Indiana

Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,300 megawatts of owned electric capacity to approximately 900,000 customers in a 23,000-square-mile service area, making it Indiana's largest electric supplier.

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 Twitter, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition

Contact: McKenzie Barbknecht
Phone: 800.559.3853

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Contact Info:
Spokesperson: Duke Energy
Website: https://www.3blmedia.com/profiles/duke-energy
Email: info@3blmedia.com

SOURCE: Duke Energy

View the original press release on accesswire.com

FAQ

What financial assistance is Duke Energy offering to low-income Hoosiers?

Duke Energy is offering up to $300 in financial assistance through its Share the Light Fund.

How much additional funding has Duke Energy dedicated to helping low-income Indiana residents?

Duke Energy has dedicated an additional $100,000 to help low-income Indiana residents.

How many households have benefited from Duke Energy's Share the Light Fund over the past five years?

Over 10,000 households have benefited from the $3 million provided through Duke Energy's Share the Light Fund.

What programs does Duke Energy offer to help manage energy costs?

Duke Energy offers usage alerts, free home energy assessments, budget billing, and interest-free payment plans.

How many customers does Duke Energy Indiana serve?

Duke Energy Indiana serves approximately 900,000 customers.