News Releases

RALEIGH, N.C. - Progress Energy Carolinas, a subsidiary of Duke Energy, has reached an agreement with the North Carolina Public Staff concerning the utility’s request to raise base rates. Under the terms of the settlement, the net increase to customers...

CHARLOTTE, N.C. -Duke Energy today announced changes in its nuclear organization designed to further strengthen oversight and management of its operating fleet, new nuclear development, Crystal River 3 decommissioning, and project management and ...

CHARLOTTE, N.C. -Duke Energy today initiated its 2013 adjusted diluted earnings per share (EPS) guidance range of between $4.20 and $4.45, and provided its long-term adjusted EPS growth objective of between 4 and 6 percent through 2015. Results for ...

CHARLOTTE, N.C. -Chairman, President and Chief Executive Officer Jim Rogers and other members of the Duke Energy management team will provide updates on the company’s operating businesses, report on regulatory initiatives, and offer the company’s ...

CHARLOTTE, NC -Duke Energy’s board of directors today elected John T. Herron, CEO, president and chief nuclear officer of Jackson, Miss.-based Entergy Nuclear, as a new board member, effective March 1, 2013.Herron, who will retire from Entergy on ...

CHARLOTTE, N.C. -Duke Energy Carolinas personnel will begin inspections of piers and structures located along the western shoreline of Lake Norman in Lincoln and Catawba counties in early March. These inspections are part of its Structure ...

TUCKASEGEE, N.C. -Improvements to Bear Creek Lake boating access area are complete, and the area is open to the public. The access area is located on Bear Creek Lake in Jackson County, N.C., at the end of Bear Lake Road. All the renovations were ...

WHITTIER AND CULLOWHEE, N.C. -Duke Energy has completed all the major work at the new Barkers Creek and Locust Creek access areas on the Tuckasegee River in Jackson County. They are free to the public.The Barkers Creek access area, located on Hwy. 74 ...

CHARLOTTE, N.C. -A Duke Energy installation in Gaston County, N.C., has been named one of the top projects of the year by the editors of POWERGRID International magazine and PennWell Corp.Duke Energy's battery installation at the Rankin Substation in ...

CHARLOTTE, N.C. - Duke Energy today announced that on March 8, the company will redeem all shares of three series of preferred stock issued by its subsidiary Progress Energy Carolinas, Inc. and all shares of five series of preferred stock issued by its...