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Duke Energy's carbon plan is meant to provide a roadmap to achieving 70% emissions reductions in the state by 2030 and carbon neutrality by 2050. But the latest plan pushes for a five-year extension on the 2030 deadline.
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The generators are part of Duke Energy’s plan to meet state energy needs and emission goals.
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The utility's Customer Assistance Program will give eligible families a $42 monthly credit for a year. It will also refer customers to energy efficiency programs to reduce energy usage and monthly costs.
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A year ago, during a Christmas Eve cold snap, a half-million electricity customers across the Carolinas had their power cut off for hours in a series of rolling blackouts. Could that happen again?
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Rates are going up in January for Duke Energy customers in central and western North Carolina. State regulators on Friday approved a three-year, 14.6% increase, slightly less than the 15.7% Duke had asked for.
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Duke Energy is delaying by one year a pilot program to test the use of electric vehicle batteries to power the electric grid in North Carolina.
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The recent cancellation of a next-generation nuclear reactor project in Idaho has prompted concern about the technology's future. But Duke Energy says the setback won't affect its plans in North Carolina.
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A group of Duke Energy business customers has withdrawn its challenge to a low-income customer assistance program that requires them to contribute $1.70 a month per account.
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When the Danish wind developer Orsted last week announced it was canceling two New Jersey offshore wind projects, it set off a bit of a panic over the industry's fate. Headlines called it a threat to the Biden administration's energy agenda and a "moment of reckoning" for the U.S. offshore wind industry.
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Duke Energy executives say the company is now in a "new era" after it sold off its two unregulated commercial renewable energy businesses last month. Officials say that leaves Charlotte-based Duke as a fully regulated company poised to grow revenues and profits.