Duke Energy Indiana adds $100,000 to energy bill assistance funds for summer

Rhea-AI Summary

Duke Energy is allocating an additional $100,000 for energy bill assistance in Indiana, allowing qualifying customers to receive up to $300 annually. This funding supports over 1,100 households this year, with a total of $260,000 distributed to date. The assistance is administered through the Share the Light Fund, in partnership with the Indiana Community Action Association. Additionally, interest-free payment plans for eligible customers have been extended from three to six months, providing more resources for those facing financial challenges.

Positive

• Duke Energy has increased its energy assistance funding by $100,000, benefiting Indiana customers.
• The company has distributed nearly $260,000 to over 1,100 households this year.
• Interest-free payment plans have been extended for eligible customers from three months to six months.

Negative

• None.

• Qualifying Duke Energy customers who are struggling to pay their electricity bills can receive up to a $300 credit annually on their account
• Year to date, Duke Energy has supported more than 1,100 Indiana households with nearly $260,000 in energy bill assistance

PLAINFIELD, Ind., Aug. 18, 2022 /PRNewswire/ -- Duke Energy is dedicating an additional $100,000 in financial assistance to Indiana customers who may be struggling to pay their energy bills. Qualifying Duke Energy customers can receive up to a $300 credit annually on their account.

The funding is made possible through Duke Energy's Share the Light Fund, which brings together customers and communities to help individuals and families in need.

"We understand the hardship some of our customers are experiencing in the current state of rising prices in all aspects of their daily lives," said Stan Pinegar, president of Duke Energy Indiana. "If a customer is struggling to pay their Duke Energy bill, the most important thing they can do is contact us to discuss what options might be available to them. There are resources to help."

So far this year, Duke Energy has supported more than 1,100 Indiana households with nearly $260,000 in energy bill assistance. Duke Energy works in partnership with the Indiana Community Action Association to distribute assistance funds. Customers should contact their local community action agency to see if they are eligible. Click here to find a listing of service providers by county.

The company recently extended interest-free payment plans for eligible customers from three months to six months. Duke Energy offers a number of tools and resources to help customers take control of their energy use and save money. To learn more about these programs, visit duke-energy.com/HereToHelp.

Duke Energy Indiana

Duke Energy Indiana, a subsidiary of Duke Energy (NYSE: DUK), provides about 6,300 megawatts of owned electric capacity to approximately 870,000 customers in a 23,000-square-mile service area, making it Indiana's largest electric supplier.

Contact: McKenzie Barbknecht
24-Hour: 800.559.3853

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SOURCE Duke Energy

FAQ

What is the new funding amount for Duke Energy's assistance program in Indiana?

Duke Energy has added $100,000 to its energy bill assistance program in Indiana.

How many households have received assistance from Duke Energy in Indiana?

Over 1,100 households have received assistance from Duke Energy this year.

What is the maximum energy bill credit available to qualifying Duke Energy customers?

Qualifying Duke Energy customers can receive up to $300 annually as a credit.

What resources does Duke Energy offer to help customers with energy bills?

Duke Energy collaborates with the Indiana Community Action Association to provide energy assistance resources.