Duke Energy, Q3
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Duke Energy announced Wednesday that the Florida Public Service Commission approved its request to lower customer bills starting in March 2026.
A clean energy group is claiming that a Duke Energy program would fool customers into buying clean energy credits that don’t actually generate new clean energy.
Indiana Utility Regulatory Commissioners last week approved Duke Energy's $3.3B financing plan to replace two coal-powered units at the Cayuga Generating Station with natural gas units.
Duke Energy Florida will lower bills for customers starting in March 2026. The company recently received approval from the Florida Public Service Commission to lower bills. Residential customers can expect to see a $44 decrease for every 1,000 kilowatt-hours of electricity they use, according to Duke Energy.
The utility initiated a rate case earlier this year, seeking a 12.1% increase in rates for retail customers, but has now reached a settlement.
Duke Energy Indiana has received approval for two new natural gas units at Cayuga Station in Vermillion County, Indiana, after about six months of sparring with opponents before the Indiana Utility Regulatory Commission (IURC).
Electricity in the downtown Lafayette area went out about 4 p.m. Thursday. Duke Energy's outage map indicates that about 1,000 customers are in the dark. No word yet what caused the outage or when the power will be restored.
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Duke Energy Stock: Is Wall Street Bullish or Bearish?
With a market cap of $96.2 billion, Duke Energy Corporation (DUK) is one of the largest U.S. electric and gas utilities, serving millions of customers across the Southeast and Midwest. Headquartered in Charlotte,
LOWER BILLSDuke Energy customers in Florida could expect to pay less to keep the lights on beginning in early 2026.
The Duke Energy Foundation is contributing a total of $207,000 in shareholder-funded grants to organizations across the company’s Indiana service territory to support hunger relief efforts. This includes seven grants for nonprofits in southeast Indiana.