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.
Duke Energy's Green Source Advantage program has gained three significant customers: the City of Durham, Durham County Government, and Durham Public Schools, collectively purchasing nearly 35 MW from a new solar facility. Developed by Pine Gate Renewables, the project aims to power operations with 80% renewable energy by 2030 and 100% by 2050. The facility will offset approximately 50% of the city's and 75% of the county's electricity consumption with clean solar power, avoiding greenhouse gas emissions equivalent to over 61,500 acres of U.S. forests annually. Operational by late 2025, this collaboration signifies a milestone in renewable energy progress for Durham.
Duke Energy Progress has reached a partial settlement regarding customer rate increases with the North Carolina Public Staff, which aims to reduce overall requested revenue requirements and support grid improvement and clean energy initiatives. This settlement addresses several operational items, along with cost recovery of historical capital investments and depreciation for coal plant retirements. The settlement was filed with the North Carolina Utilities Commission (NCUC) before an upcoming hearing starting on May 1, where unresolved matters such as return on equity and capital structure will be discussed. Duke Energy Progress continues to actively engage with stakeholders to resolve outstanding issues in its rate request.
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