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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) crews repaired equipment and restored power to 131,059 Carolinas customers as of 2 p.m. ET on Jan. 26, 2026, while about 21,976 customers remained without power.
Most outages are expected to be restored the same day, though some hard‑hit areas along the Blue Ridge Escarpment (Hendersonville, Travelers Rest, Clemson) may not be restored until Tuesday due to road and equipment damage. Duke serves about 4.7 million electric customers in the Carolinas and offered energy‑saving tips as colder‑than‑normal weather increases heating use.
Duke Energy (NYSE: DUK) reported widespread outages across the Carolinas as Winter Storm Fern delivers freezing rain and sleet, causing trees, limbs and power lines to fall. As of 4 p.m. on Jan. 25, the company has restored 24,864 customers and 18,016 remain without power, with outage counts expected to rise as ice accumulates. Crews and more than 18,000 storm personnel are staged across the region; additional out-of-state crews are on call to arrive Tuesday if needed. Duke warns outages could last several days and will issue estimated restoration times after damage assessments.
Duke Energy (NYSE: DUK) announced that the Duke Energy Foundation is awarding a $100,000 rapid response grant to the American Red Cross ahead of Winter Storm Fern on Jan. 24, 2026. Funds will be distributed across North Carolina and South Carolina to support warming shelters, emergency supplies, blankets and community-run shelter operations as severe weather and sustained cold are expected.
The Foundation provides more than $30 million annually in philanthropic support and is funded by Duke Energy shareholders. Duke Energy serves 8.6 million electric customers and 1.7 million natural gas customers.
Duke Energy (NYSE: DUK) is mobilizing more than 18,000 restoration workers from 27 U.S. states and Canada ahead of Winter Storm Fern expected to impact the Carolinas starting Jan. 23, 2026. Teams include lineworkers, vegetation specialists and support staff staged at 22 basecamps across the region to assess damage, clear trees and restore power when conditions allow.
Company meteorologists warn freezing rain and ice accumulation pose the greatest risk of extended outages; customers are urged to prepare, sign up for outage alerts and follow safety guidance.
Duke Energy (NYSE: DUK) urges Carolinas customers to prepare for Winter Storm Fern on Jan. 22, 2026, and warns of possible multiday power outages from snow, sleet or freezing rain.
The company said it has staged equipment, set up mobile command centers and mobilized more than 18,000 workers (including mutual-aid crews) to respond when conditions are safe. Duke Energy serves about 4.7 million electric customers in the Carolinas and reminded customers to sign up for outage alerts, update My Account info, and follow safety and generator-use guidance.
Piedmont Natural Gas (NYSE: DUK) issued winter tips and customer resources to help manage higher heating bills as cold weather arrives. Recommendations include setting thermostats to the lowest comfortable level, using smart thermostats, opening drapes on sunny days, changing air filters, setting water heaters to 120°F, sealing drafts, and running ceiling fans clockwise. The company highlights online tools such as usage history, an Energy Advisor, and cost calculators, plus the free Equal Payment Plan (EPP) to level monthly bills. Assistance programs referenced include Share the Warmth and LIHEAP. Piedmont serves more than 1.2 million customers in NC, SC and TN.
Duke Energy (NYSE: DUK) is offering winter programs and tips to help customers lower bills as temperatures fall. Customers who enroll a qualifying smart thermostat receive a $150 initial bill credit + $50 annually. The company promotes Power Manager and EnergyWise Home programs and a Flex Savings Option time-of-use rate to shift usage and reduce costs. About 520,000 customers in the Carolinas already participate. Duke Energy serves 8.6 million electric and 1.7 million gas customers and owns 55,100 MW of capacity.
Matthews International (NASDAQ: MATW) announced an agreement with activist investor Barington Capital under which Barington will withdraw its previously submitted director nominations and abide by standstill provisions and other restrictions. Company leaders said the outcome follows multi‑year engagement on a strategic review, corporate governance enhancements, balance sheet strengthening, and board composition changes. The parties said the full agreement will be disclosed in a Form 8‑K. J.P. Morgan Securities is serving as financial advisor and Sidley Austin LLP and Olshan Frome Wolosky LLP are serving as legal counsel to the respective parties.
Duke Energy Florida (NYSE: DUK) said the storm cost recovery charge tied to about $1.1 billion of hurricane response costs will be removed from customer bills one month early. Beginning in February residential customers will see an approximate $33 reduction per 1,000 kWh; in March an additional ~$11 seasonal decrease will apply, totaling ~$44 per 1,000 kWh vs January. Commercial and industrial bills will fall roughly 9.6%–15.8%.
The company also cited $340M fuel-cost savings from gas-plant improvements, $750M from three new solar sites, and $65M of IRA tax credits passed to customers.
Duke Energy (NYSE: DUK) brought a 50-MW, four-hour battery energy storage system online at the former Allen coal plant, a project that cost approximately $100 million and began serving customers in November with final testing completing this month. The company will begin construction in May on a 167-MW, four-hour BESS (its largest) on-site and plans a 115-MW BESS at Riverbend with late-2026 start. Both Allen systems qualify for a 40% federal investment tax credit. Duke projects 6,550 MW of battery additions in the Carolinas by 2035 to meet rising demand.