Duke Energy Corp - DUK STOCK NEWS

The mayors of several cities, including Charlotte and Nashville, have declared December 12, 2022, as "Share the Warmth Day" to support Piedmont Natural Gas's charitable program. This initiative helps neighbors pay energy bills through donations collected from customers and community contributions. Piedmont's Round Up program allows customers to round up their bills to aid this cause. Since its inception in 2003, the program has aimed to alleviate energy cost struggles, especially during the cold season when bills tend to rise. The program is open to all, offering assistance year-round.

Duke Energy has successfully restored power to all customers in Moore County and surrounding areas a day earlier than expected following an attack on two major substations. Initially, approximately 45,000 customers were affected. Crews worked tirelessly, executing extensive repairs and equipment replacements. Additionally, the Duke Energy Foundation has pledged $100,000 to support local recovery efforts. Authorities are offering rewards up to $75,000 for information leading to the arrest of those responsible for the attack. Duke Energy, a prominent energy provider, serves millions across multiple states.

Duke Energy has restored power to approximately 10,000 customers in Moore County after an attack on two substations. The company aims to restore nearly all power by 11:59 p.m. Wednesday, with 35,000 customers still affected down from an initial 45,000. Crews are working in 24-hour shifts to repair vital equipment damaged during the incident. Additionally, the Duke Energy Foundation is donating $100,000 to local organizations to support community recovery efforts.

Duke Energy has successfully restored power to nearly 7,000 customers following the attack on substations in Moore County, NC. As of now, 38,000 customers remain without power, down from an initial 45,000. The company is working to restore services swiftly, though some areas face extended outages until December 8. Duke Energy's General Manager stated that extensive damage requires the replacement of significant equipment. The company is collaborating with various agencies to investigate the incident.

Duke Energy (NYSE: DUK) announced the upcoming retirement of Dhiaa Jamil, COO, after over 41 years at the company, effective mid-2023. Preston Gillespie will expand his role as Chief Generation Officer and join the Senior Management Committee, while Harry Sideris will take on the transmission organization. Jamil's leadership improved safety standards, making Duke a leader in the industry for seven consecutive years. Duke Energy is committed to a clean energy transition, targeting net-zero carbon emissions by 2050 and extensive investments in grid enhancements.

Duke Energy is addressing significant power outages in Moore County, affecting approximately 45,000 customers. The outages were caused by vandalism that damaged essential equipment at two substations. Crews are working 24-hour shifts to conduct repairs, with expectations of a prolonged outage lasting until Thursday. The company is collaborating with local and federal agencies on an investigation into the incident. Duke Energy serves 8.2 million customers across several states and is actively pursuing clean energy goals.

Duke Energy, headquartered in Greenville, S.C., has concluded a monthlong initiative supporting food insecurity solutions in South Carolina, providing over $325,000 to more than 40 organizations. On Giving Tuesday, it awarded nearly $170,000 in surprise microgrants to local agencies. These grants aim to help smaller organizations maintain food supplies and address community needs. Duke Energy Foundation contributes over $30 million annually to community support, reflecting the company's commitment to combating hunger.

Duke Energy Florida and the Duke Energy Foundation have pledged $235,000 to support four Florida organizations aiding veterans and their families. This contribution coincides with National Veterans and Military Families Month, highlighting the company's commitment to the veteran community, which includes over 360 employees who have served in the military. Notably, $100,000 is allocated to the Blue Angels Foundation to aid wounded warriors with post-traumatic stress. Other beneficiaries include NAMI Florida and Shield of Faith Missions, which also receive substantial financial support for their initiatives.