News Releases

Duke Energy opens two new public recreation access areas on the Tuckasegee River

Published on February 15, 2013

WHITTIER AND CULLOWHEE, N.C. -Duke Energy has completed all the major work at the new Barkers Creek and Locust Creek access areas on the Tuckasegee River in Jackson County. They are free to the public.The Barkers Creek access area, located on Hwy. 74 ...

Duke Energy's Gaston County research project wins top industry award

Published on February 7, 2013

CHARLOTTE, N.C. -A Duke Energy installation in Gaston County, N.C., has been named one of the top projects of the year by the editors of POWERGRID International magazine and PennWell Corp.Duke Energy's battery installation at the Rankin Substation in ...

Duke Energy Corp. subsidiaries to redeem eight series of preferred stock

Published on February 6, 2013

CHARLOTTE, N.C. - Duke Energy today announced that on March 8, the company will redeem all shares of three series of preferred stock issued by its subsidiary Progress Energy Carolinas, Inc. and all shares of five series of preferred stock issued by its...

Duke Energy Carolinas files N.C. rate increase request

Published on February 4, 2013

CHARLOTTE, N.C. - Duke Energy Carolinas today filed a request with the North Carolina Utilities Commission (NCUC) to increase electric rates by approximately $446 million, for an overall increase of 9.7 percent. More than 90 percent of the request is...

Duke Energy's fleet modernization allows two coal plants to retire early

Published on February 1, 2013

CHARLOTTE, N.C. -Duke Energys Buck and Riverbend steam stations, coal-fired power plants in the Charlotte area, will retire two years earlier than scheduled, drawing to a close more than eight decades of operations at each facility. Both stations had ...

Duke Energy prepares for severe weather; urges customers to prepare

Published on January 29, 2013

CHARLOTTE, N.C. - Duke Energy is preparing for potential severe weather expected to bring high winds and heavy rain to portions of the Carolinas Wednesday. Crews across the Carolinas are preparing vehicles and materials to respond to outages that may...

Duke Energy's Brett Carter named chief distribution officer; Paul Newton to succeed Carter as company's president for North Carolina

Published on January 29, 2013

CHARLOTTE, N.C. -Brett Carter, president of Duke Energy North Carolina since 2008, has been named chief distribution officer and senior vice president for the companys utility operations in six states.The company has named Paul R. Newton to succeed ...

Duke Energy Renewables completes Notrees Battery Storage Project in Texas; North America's largest battery storage project at a wind farm

Published on January 23, 2013

CHARLOTTE, N.C. -Duke Energy Renewables, part of Duke Energys Commercial Businesses, announced today the completion of its 36-megawatt (MW) energy storage and power management system at its Notrees Windpower Project in west Texas. The system ...

Duke Energy to host an investor and analyst meeting in New York City Feb. 28

Published on January 21, 2013

CHARLOTTE, N.C. -Duke Energy will host an investor and analyst meeting Thursday, Feb. 28, from 8:30 a.m. to 12:30 p.m. ET in New York City.Chairman, President and Chief Executive Officer Jim Rogers and other members of the Duke Energy management team ...

Duke Energy prepares for winter weather, urges customers to prepare

Published on January 17, 2013

CHARLOTTE, N.C. - Duke Energy is preparing for a winter storm expected to bring accumulations of snow and ice to portions of the Carolinas. Crews in western and central North Carolina and South Carolina are preparing vehicles and materials to respond to...