News Releases

Piedmont Natural Gas has reached an agreement with consumer and industrial groups in North Carolina for its rate review request, filed in March of this year.

Following investments to make its natural gas distribution system more reliable and resilient for customers, Duke Energy Kentucky today filed a request with the Kentucky Public Service Commission to review the company’s natural gas rates.

Following six months of stakeholder input, Duke Energy recently filed an additional $56 million proposal of Phase II programs to continue the advancement of transportation electrification in North Carolina.

Duke Energy Progress will implement new rates for North Carolina customers on June 1, as approved by the North Carolina Utilities Commission. The new rates will remain below the national average.

Duke Energy Carolinas will implement new rates for North Carolina customers on June 1, as approved by the North Carolina Utilities Commission. The new rates will remain below the national average.

By the end of this decade, renewables will make up a large portion of the company’s generation mix as Duke Energy (NYSE: DUK) looks to triple the amount of renewable energy it produces from company power plants and dramatically reduce carbon emissions.

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

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.