News Releases

Duke Energy issued the following statement in response to today’s order by the North Carolina Utilities Commission on the rate adjustment request made by Duke Energy Carolinas on Sept. 30, 2019.

Piedmont Natural Gas today filed a request with the North Carolina Utilities Commission to recover approximately $1.7 billion in capital investments for expansion to accommodate growth in its communities, for infrastructure to decrease price volatility for its customers, and for federally required safety improvements to its system.

In a milestone settlement that resolves the last remaining major issues on coal ash management in North Carolina, the North Carolina Attorney General, North Carolina Public Staff, Sierra Club and Duke Energy have reached an agreement on costs related to coal ash management and safe basin closure.

Duke Energy Florida, consumer representatives and business groups have reached a sweeping agreement that will advance the clean energy vision for the state, introduce innovative programs for customers, retire coal plants faster and bring additional certainty to rates through 2024.

Duke Energy issued a statement in response to today’s ruling by the North Carolina Supreme Court in a case regarding a 2018 North Carolina Utilities Commission order that had addressed costs associated with coal ash management and safe basin closure.

Duke Energy Progress customers in North Carolina will see more than $4 in savings on their monthly energy bills beginning in December due to the combined impact of annual rate adjustments.

Duke Energy Carolinas customers in South Carolina will see a drop in their electric rates starting Oct. 1 as part of an annual adjustment of the actual cost of fuel used to generate electricity at its power plants.

Duke Energy Florida customers will see lower bills in 2021.

Duke Energy Carolinas customers in North Carolina will see a drop in their electric rates starting Sept. 1.

Duke Energy Carolinas is proposing a decrease in monthly fuel costs for its South Carolina customers beginning this fall as part of an annual adjustment of the actual cost of fuel used to generate electricity at its power plants.