News Releases

Duke Energy announced today it has reached an agreement to sell its holdings in Brazil to China Three Gorges Corporation (CTG) for approximately $1.2 billion in cash and the assumption of debt. The after-tax proceeds from the transaction are expected to be used to reduce Duke Energy holding company debt.

Power has been restored to more than 600,000 Duke Energy customers in the aftermath of Hurricane Matthew over the weekend. Over 550,000 customers are without power now. In North Carolina, 410,000 customers are without power. In South Carolina: 140,000 customers.

Hurricane Matthew has left large portions of the Carolinas more heavily damaged than projected, on a scale similar to the destruction of Hurricanes Hugo and Floyd. In some Duke Energy service areas, the electrical system will need to be rebuilt.

Duke Energy crews and contractors are working 16-hour days and overnight hours to restore power to Florida customers and responding to 911 assistance calls in the aftermath of Hurricane Matthew.

Duke Energy Florida is making significant progress restoring electric service following the devastation of Hurricane Matthew, a Category 4 storm that brought heavy rain and wind to Florida.

Although Hurricane Matthew has been downgraded to Category 1 as it soaks the Carolinas, outage numbers are climbing and the potential for damage remains significant. The storm will continue to bring heavy rains and high winds to the Carolinas today before exiting on Sunday.

More than 2,200 line and vegetation management personnel mobilized Company urges customers to remember safety first and to stay away from downed power lines Widespread power outages are occurring with significant damage ST....

Duke Energy customers urged to finalize their emergency kits & plans ahead of the storm More than 4,600 employees ready to respond CHARLOTTE, N.C. -- Hurricane Matthew could result in extensive damage and extended power outages so Duke...

As Hurricane Matthew approaches the east coast of Florida, officials there are telling residents there will be power outages. And, if people do not take proper precautions, there will be fatalities. The storm, which has restrengthened to Category 4, with winds reaching around 140 miles per hour, continues to track toward the Carolinas and is expected to arrive Saturday.

Duke Energy Florida is mobilizing 2,150 linemen and vegetation personnel to safe locations, prepared to respond to outages once Hurricane Matthew reaches Florida. More crews can be added as needed.