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Why Duke Energy (DUK) Is Becoming a Data Center Power Demand Play

Duke Energy offering $350,000 in energy bill assistance to Indiana customers

The utility is offering qualifying customers a credit on their account as part of its Summer Energy Assistance Credit Program.

Indiana consumer agency accuses Duke Energy of over-collecting $90 million from customers

The Indiana Office of Utility Consumer Counselor (OUCC) is accusing Duke Energy of collecting nearly $90 million more from customers than state regulators approved.

Power Giants NextEra Energy and Dominion Energy Eye $67B Link

Florida-based NextEra said May 19 it seeks to buy Virginia-based utiiity Dominion to create "one of the world’s largest energy infrastructure companies.”

Bloomington man sues Duke Energy after transformer explosion, electrical fire 'destroy' home

BLOOMINGTON, Ind. — A Bloomington resident is suing Duke Energy after he says an electrical failure on his property started a fire that damaged his home. The lawsuit was filed late...

Duke Energy versus Indiana Office of Utility Consumer counselor

Duke Energy and the Indiana Office of Utility Consumer Counselor (OUCC) are fighting over claims that Duke has been allowed to over-collect millions of dollars from consumers.

Duke Energy proposes special rules for data centers in North Carolina

For months, clean energy and consumer advocates in North Carolina have pressed Duke Energy to follow the national trend and create special rules and prices for data centers. The st...

State consumer advocate claims Duke is overcharging its customers

The state’s top utility customer advocate says Duke Energy Indiana over-collected more than $89 million from its ratepayers and is set to over-collect another $86 million annually.

Duke Energy Latest Company to Accept Trump’s Dirty “Deal” to Scrap Offshore Wind

RALEIGH, N.C. — Duke Energy accepted $129 million in taxpayer money to buyout an offshore wind lease, making it the latest company to accept such an offer from Trump’s Department o...

Duke Energy exploring tech partnerships to offset nuclear expansion risks

NextEra-Dominion Energy: Scaling Up The Eastern U.S. To Match Demand

Trump administration grants Duke Energy $28.4M for NC coal plant

Person County’s Roxboro plant is one of 13 projects across the country selected to receive grant funding from the U.S. Department of Energy.

Duke University’s Jackson Ewing on a massive merger between NC’s two largest electricity providers

  Earlier this month, regulatory commissions in North and South Carolina approved a merger between the two energy monopolies that dominate electricity production and distribution i...

Dominion Energy, NextEra seek to merge, creating world’s largest electric utility

NextEra Energy is seeking to acquire Dominion Energy, which could bring customers in the Carolinas under the umbrella of one of the largest power companies in the United States. Th...

Duke gives up offshore wind lease for ‘partial’ reimbursement under Interior deal

A Duke Energy subsidiary paid $155 million for the lease in 2022, saying it could support up to 1.6 GW of capacity. The utility now says it will “refocus” nearly $129 million to pr...

EDF policy director Will Scott discusses Duke Energy’s Carbon Plan and NC’s future energy needs

  When a utility company like Duke Energy plans for the future, it tries to predict how much electricity its customers will need a decade from now. Unfortunately, and not surprisin...

Duke Energy to Terminate NC Offshore Wind Lease

Duke Energy will terminate its offshore wind lease in the Carolina Long Bay area under a settlement agreement with the U.S. Interior Department and reinvest nearly $129 million in...

Duke reduces rate hike request, still faces regulator pushback

The utility dropped its proposed residential rate increase to 11.6% from 18% after pushback, but hearings this week highlighted continued unease. “I don't see how you can say that...

NextEra and Dominion File to Form a Huge Power Company

They asked regulators in three states and at a federal agency to approve a deal that would create a combined company with 10 million customers across the Southeast.

NextEra to pay $150M to settle charges related to Florida political misconduct allegations

The agreement comes about a month after NextEra Energy proposed merging with Dominion Energy in a $67 billion deal.

AT&T Files Complaint Against Duke Energy Over Pole Attachment Rates

AT&T previously challenged Duke's pole rates in federal court.

NextEra Dominion Energy Merger: A $67B Utility Giant Facing Regulatory Hurdles

The post NextEra Dominion Energy Merger: A $67B Utility Giant Facing Regulatory Hurdles appeared first on Shale Magazine.

Duke Energy to Sell Back its North Carolina Offshore Wind Area Lease

Duke Energy is joining the growing list of companies selling back their offshore wind energy leases to the Trump administration. The company has agree...

IDU: Immediate And Lasting Catalysts For Energy Demand