Duke Energy Corporation reports developments tied to one of the largest regulated utility platforms in the United States. The company operates electric utilities serving customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and natural gas utilities in North Carolina, South Carolina, Ohio and Kentucky.
Recurring news themes include quarterly financial results, common and preferred stock dividends, electric grid modernization, generation investments, customer cost initiatives, and regulatory approvals affecting power plants and utility service. Company updates also cover nuclear generation, natural gas and other resource additions, federal and state regulatory matters, and Duke Energy Foundation community programs in the utility territories it serves.
Duke Energy (NYSE: DUK), through the Duke Energy Foundation, is investing $180,000 in workforce training across South Carolina by awarding nine technical and community colleges grants of $20,000 each. The funding will support construction-related training, welding tools, electrician program supplies and other hands-on learning that aligns with high-demand skilled trades.
According to Duke Energy, the initiative aims to help meet labor needs for projects such as its planned natural gas facility in Anderson County, which is expected to require potentially thousands of skilled trade workers. Since 2016, the Foundation has invested $5.4 million in similar workforce initiatives in the state.
Duke Energy (NYSE: DUK) is highlighting digital tools and assistance programs to help customers in North Carolina and South Carolina manage higher summer power bills as heat persists. The initiative follows NOAA data indicating July 2026 was the hottest month ever recorded across the contiguous U.S.
Customers can use Bill Insights in the Duke Energy app, Usage Alerts and Home Energy Reports to monitor and understand energy use and projected bills. According to Duke Energy, partnerships with community organizations have delivered more than $31 million in bill-payment assistance over the past decade through programs such as Share the Light Fund and Share the Warmth.
Duke Energy (NYSE: DUK), through the Duke Energy Foundation, launched a $175,000 Main Street Revitalization grant program for South Carolina communities. The program will fund projects that enhance downtown districts, neighborhood centers and commercial corridors, focusing on quality of life and long-term economic growth.
South Carolina government entities and qualified nonprofits can apply for grants up to $10,000 for initiatives such as facade improvements, streetscape upgrades, public gathering spaces, wayfinding signage, blighted building renovations, landscaping, greenway connections and small-business incentive programs. Applications are open through Aug. 31. According to Duke Energy, its Foundation provides over $30 million in annual philanthropic support funded by company shareholders.
Duke Energy (NYSE: DUK) reported that more than 2,000 lineworkers, tree trimmers and support personnel restored over 340,000 customer outages across Greater Cincinnati after a rare derecho and subsequent storms between Aug. 11 and Aug. 15.
The company said crews restored 85% of outages in under 48 hours after the Aug. 11 derecho. Self-healing grid technology in Greater Cincinnati automatically restored around 23,000 customer outages, avoiding more than 225,000 hours of outage time. About 80% of Duke Energy’s electric customers in Ohio and Kentucky are served by this technology.
Duke Energy (NYSE: DUK) submitted its 2026 Carolinas Resource Plan to the Public Service Commission of South Carolina on Aug. 14, outlining how it will meet the state's fast‑growing energy demand. The plan emphasizes maximizing existing assets while adding diverse resources, including natural gas, solar, storage and potential future nuclear generation.
Key actions include a 1,400 MW combined cycle facility in Anderson County, an RFP for 400 MW of standalone storage, continued solar build‑out, and expanded Grid Edge programs. Duke Energy targets more than $5 billion in customer cost-saving benefits from tax credits and the approved combination of Duke Energy Carolinas and Duke Energy Progress, and has applied for U.S. DOE loans that could provide additional customer savings. A PSCSC hearing is scheduled for April 2027, with an order expected by June 2027.
Duke Energy (NYSE: DUK) reports that crews have restored nearly 222,653 customer outages across Greater Cincinnati as of 4 p.m. Thursday, following major storms that caused more than 261,000 outages on Tuesday and Wednesday. Current outages total 38,861, with 32,485 in Ohio and 6,376 in Kentucky, meaning about 85% of affected customers have been restored.
The company expects nearly all remaining Duke Energy Ohio/Kentucky customers who can safely receive service to be restored on Thursday and directs all impacted customers to its online Outage Map for estimated restoration times. More than 2,000 lineworkers, tree trimmers and storm workers, including personnel from Indiana and the Carolinas, are engaged in the response. The Duke Energy Foundation has also committed $100,000 in grants to organizations providing food, shelter and recovery assistance in the region.
Duke Energy (NYSE: DUK), through the Duke Energy Foundation, is providing $500,000 in grants to North Carolina organizations that support small businesses. The funding consists of $25,000 awards to 20 nonprofits that will deliver microgrants and business assistance to hundreds of local entrepreneurs statewide.
According to Duke Energy, funded projects will address local needs such as downtown revitalization, storefront improvements, investments in equipment, technology and e-commerce, and mentorship, technical assistance and business training. The company notes this continues its North Carolina small business support, totaling over $3 million since 2020.
Duke Energy (NYSE: DUK), through the Duke Energy Foundation, announced emergency grants to support recovery from recent severe storms in Ohio and Kentucky that caused widespread damage and power outages for more than 180,000 customers at peak.
The Foundation is providing $75,000 to Freestore Foodbank for food, water and essentials, $15,000 to the American Red Cross for shelters and disaster recovery, and $10,000 to Matthew 25: Ministries for relief supplies and cleaning products. The company said these rapid-response grants complement ongoing power restoration efforts by Duke Energy crews and target immediate community needs beyond grid repair. The Duke Energy Foundation, funded by shareholders, provides nearly $30 million annually in philanthropic support across its service territories.
Duke Energy (NYSE: DUK) reports it has restored power to more than 171,000 customers in Greater Cincinnati over the past 24 hours following multiple rounds of severe weather. As of 4 p.m. Wednesday, outages restored totaled 145,548 in Ohio and 25,921 in Kentucky, with 102,589 customers still without power across both states.
According to the company, more than 1,000 additional workers from outside Ohio and Kentucky are joining restoration efforts. Beginning at 7 p.m. Wednesday, many customers can view estimated restoration times on Duke Energy’s Outage Map, which will be updated as damage assessments continue.
Duke Energy (NYSE: DUK) reports that more than 160,000 customers in southwest Ohio and Northern Kentucky remained without power as of 10 p.m. on Aug. 11, 2026, after severe storms in Greater Cincinnati. At the peak, more than 180,000 customers lost service.
About 134,000 affected customers are in southwest Ohio and 26,000 in Northern Kentucky. Crews are working around the clock, using lineworkers and self-healing grid technology to assess damage, clear debris and restore power, but additional storms and high winds may extend outages and slow restoration.