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 (NYSE: DUK), a leading U.S. energy provider, maintains this comprehensive news resource for stakeholders seeking official updates and strategic developments. Our curated collection features timely press releases, regulatory filings, and operational announcements directly from Duke Energy and verified sources.
Investors and industry professionals will find essential updates including quarterly earnings reports, infrastructure investment plans, renewable energy initiatives, and regulatory compliance matters. The repository serves as a reliable reference for tracking the company's progress in grid modernization, natural gas distribution improvements, and clean energy transitions.
All content is organized to facilitate quick access to critical information about service territory expansions, rate case decisions, and sustainability commitments. Bookmark this page for streamlined monitoring of Duke Energy's operational milestones and strategic positioning within the evolving utilities sector.
The Duke Energy Foundation has invested over $19.5 million in emergency preparedness and response efforts across six states over the past five years. This funding aims to boost community safety and resilience through collaborative efforts with local leaders and nonprofits. The Foundation's approach includes providing advanced tools, customized training, and life-saving equipment to first responders.
Duke Energy volunteers have also contributed significantly, packing thousands of no-cost storm kits for seniors and donating $3.3 million in money and volunteer time. The funding has delivered immediate relief during crises and equipped first responders with essential tools. For example, a grant-funded drone recently helped locate a missing man in South Carolina.
As the 2024 storm season continues through November, Duke Energy and its Foundation remain prepared to support communities. Customers are encouraged to download the enhanced American Red Cross Emergency app for additional preparedness measures.
Duke Energy (NYSE: DUK) has restored power to over 1.1 million customers in the Carolinas following Hurricane Helene, with approximately 904,000 customers still without power as of 6 p.m. Sunday. The hardest-hit areas in upstate South Carolina and western North Carolina are expected to have power restored by Friday, except for inaccessible areas or those with destroyed infrastructure.
The company has deployed 18,000 workers for storm restoration efforts. Severe damage to transmission infrastructure in upstate South Carolina and the North Carolina mountains, including submerged substations and downed transmission towers, is impeding restoration efforts. Duke Energy is using helicopters, drones, and track vehicles to assess damages and continue restoration work.
The company serves over 4.5 million customers in the Carolinas and is focusing on restoring power to public health and safety facilities first. Customers are advised to be cautious with generators and to have damaged meter boxes inspected by licensed electricians before power can be reconnected.
Duke Energy Florida has restored power to 687,000 customers following Hurricane Helene, with 73,000 still experiencing outages as of 3 p.m. ET on September 29, 2024. The company aims to restore power to 95% of customers able to receive it by 11:59 p.m. tonight. Due to significant damage on Pinellas County barrier islands, Duke Energy is establishing a centralized command center in Madeira Beach to rebuild the electric grid.
While crews continue energizing parts of the barrier islands that can receive power, many structures are unsafe to energize due to extensive damage. Duke Energy Florida is committed to keeping customers informed throughout the rebuilding process and has set up a dedicated webpage for updates on Pinellas County barrier islands. Customers are encouraged to update their contact information for text and email updates.
Duke Energy Florida has restored power for over 600,000 customers following Hurricane Helene, with nearly 150,000 still experiencing outages. The company has set estimated restoration times for Big Bend and North Florida counties by 11:59 p.m. Sunday, Sept. 29, 2024, expecting to restore 95% of affected customers. However, coastal areas of Pinellas County face significant challenges due to storm surge and wind damage, requiring longer restoration times.
Duke Energy's workforce of over 8,000 is working around the clock to restore power. The company acknowledges potential delays in some areas due to additional damage or access issues. Customers are advised that individual service line problems may require electrician intervention before power can be reconnected. Duke Energy (NYSE: DUK) serves 2 million customers in Florida and is executing an ambitious clean energy transition towards net-zero emissions.
Duke Energy has restored power to 723,000 customers in the Carolinas following Hurricane Helene, with approximately 1.1 million customers still without power as of 1 p.m. on Saturday. The company expects to restore power to most customers outside the western parts of the Carolinas by 11:59 p.m. ET on Sunday, Sept. 29. Major challenges persist in accessing areas across the North Carolina mountains and Upstate of South Carolina due to historic flooding, debris, and road closures.
Duke Energy has 13,000 workers involved in restoration efforts, including personnel from 19 U.S. states and Canada. The company is using helicopters and drones to assess damage in hard-hit areas. Customers are urged to exercise caution around utility workers and to turn off generators when crews are nearby. Duke Energy is also managing record-high lake levels in the Catawba-Wateree River Basin and warns residents in low-lying areas to stay informed about potential flooding.
Duke Energy Florida has restored power for over 407,000 customers following Hurricane Helene, with nearly 285,000 still experiencing outages. The company, deploying 8,000 personnel, has established estimated restoration times for several counties, expecting 95% of customers to be restored by 11:59 p.m. ET on Sunday, Sept. 29. However, adverse weather conditions and extensive damage may lead to extended outages for some customers.
Duke Energy reminds customers to stay away from downed power lines and to turn off generators when utility crews are working nearby. The company also advises that homes with flood damage will require inspection by a licensed electrician before power can be reconnected. Customers can report outages online, through the Duke Energy mobile app, or by calling 800.228.8485.
Duke Energy (NYSE: DUK) has begun power restoration efforts in the Carolinas after Hurricane Helene caused 1.7 million customer outages and historic flooding. As of 4 p.m., approximately 1.34 million customers remain without power, with outages most prevalent in western North Carolina and the Upstate of South Carolina. The company has already restored power to over 380,000 customers.
Duke Energy has deployed about 11,000 workers, including additional crews from 19 states and Canada, to assess damage and restore power. However, flooding and road closures are impeding restoration efforts, and multiday outages are expected. The company is also managing rising lake levels in the Catawba-Wateree River Basin, which may lead to increased flooding risks.
Customers are urged to be cautious of damaged equipment and report outages through the Duke Energy app, website, or by calling 800.POWERON. The company is focusing on restoring power to public health and safety facilities first while considering how to impact the greatest number of customers.
Duke Energy Florida is continuing power restoration efforts following Hurricane Helene's landfall. As of 7:30 a.m., nearly 198,000 customers have had power restored, while over 402,000 are still experiencing outages. Approximately 8,000 workers are responding to the situation.
The company is prioritizing public health and safety facilities in its restoration sequence. Duke Energy has provided safety guidance for customers, including staying away from downed power lines, disconnecting nonessential electrical equipment, and proper generator usage.
Customers can report outages via text, phone, online, or through the Duke Energy mobile app. The company offers an Outage Map and Outage Alerts for up-to-date information on restoration efforts.
Duke Energy is urging caution as Tropical Storm Helene increases flood risks in the Carolinas, particularly along the Catawba-Wateree River Basin. The company expects lake levels to rise sharply due to heavy rains from Helene, adding to the significant rainfall the region has already received this week.
Duke Energy manages 11 lakes and 12 hydroelectric stations in the basin and has been aggressively moving water through the system in preparation for Helene's arrival. Despite these efforts, historic flooding is possible in several areas. The company is collaborating with local emergency management officials and advises residents in flood-prone areas to stay informed and alert.
Real-time lake level information is available on Duke Energy's website, mobile app, and through a dedicated phone line. Residents are encouraged to follow instructions from state and county emergency management and monitor emergency notifications on their mobile phones.
Duke Energy has begun restoring power to customers impacted by Hurricane Helene in Florida. As of 5:00 pm, nearly 47,000 customers were without power, with 42,000 already restored. The company has 8,000 crews ready to respond at seven staging locations across the state.
Hurricane Helene is expected to make landfall as a major hurricane later in the evening, with the most significant damage anticipated in the Panhandle and Big Bend area. Duke Energy urges customers to prepare for extended outage periods in areas with major damage.
The company prioritizes safety and will begin damage assessment and repairs when wind speeds drop below 40 mph. Duke Energy Florida serves 2 million customers across a 13,000-square-mile service area in Florida. The company is executing an ambitious clean energy transition, aiming for net-zero carbon emissions from electricity generation by 2050.
