News Releases

Duke Energy Progress proposes lower overall rates for NC customers

Published on June 19, 2015

CHARLOTTE, N.C. - Duke Energy Progress' North Carolina customers will see greater savings on their energy costs in 2016 if the company's annual filings receive approval from the North Carolina Utilities Commission (NCUC). Electric rates would decrease...

Duke Energy announces completion of stock repurchase program

Published on June 19, 2015

CHARLOTTE, N.C. -Duke Energy today announced completion of a $1.5-billion accelerated stock repurchase program, funded with proceeds from the sale of the companys Midwest Commercial Generation business. Goldman, Sachs 3.2 million shares were retired ...

Take control of summer power bills with these simple money-saving tips from Duke Energy

Published on June 15, 2015

CHARLOTTE, N.C. - The current Carolinas heatwave might cause the green in your lawn to fade, but you can hold on to the green in your wallet with these simple, money-saving tips from Duke Energy, at little or no cost: Set your thermostat to the...

Duke Energy builds momentum in safely closing ash basins across the Carolinas

Published on June 5, 2015

CHARLOTTE, N.C. - Duke Energy released the following statement regarding North Carolinas issuance today of necessary permits to Charah, Inc., a vendor engaged in closing ash basins, and its subsidiary, Green Meadow, LLC, for structural fill projects at...

Duke Energy implodes historic coal units at retired Cape Fear power plant in Moncure, N.C.

Published on June 4, 2015

MONCURE, N.C. -With one final blast, Duke Energy's retired, coal-fired Cape Fear power plant in Moncure passed into history today, marking both the end of major demolition at the site and the end of an era.Duke Energy's contractor this morning ...

New swim beach and amenities at Lake Glenville add to regions growing list of recreational resources

Published on June 3, 2015

CULLOWHEE, N.C. -Duke Energy representatives, community leaders, officials from government agencies and environmental organizations and other guests gathered today to recognize the opening of the new swim beach and recreation amenities on Lake ...

Duke Energy, LG Chem, Greensmith to build fast-response energy storage system in Ohio

Published on May 26, 2015

CHARLOTTE, N.C. -Duke Energy, LG Chem and Greensmith will team up to build a battery-based energy storage system in Ohio, designed to enhance reliability and increase stability on the electric power grid, the companies announced today.Duke Energy, the ...

Community reminded to focus on boating and swimming safety while enjoying the lakes this summer

Published on May 22, 2015

CHARLOTTE, N.C. - Memorial Day marks the traditional start of the summer recreation season. Duke Energy encourages everyone to focus on safety while boating, swimming and enjoying other recreational lake activities. Each year, thousands of people die or...

Coal ash management progress: Riverbend coal ash excavation is under way to fully lined landfill

Published on May 21, 2015

CHARLOTTE, N.C. - The first truck of excavated coal ash left the retired Riverbend power plant near Charlotte today, marking the beginning of the end for ash storage at that site as Duke Energy relocates ash to a fully lined landfill. "We share our...

Duke Energy appoints Esamann to head Midwest, Florida operations

Published on May 19, 2015

CHARLOTTE, N.C. - Duke Energy today announced the appointment of Doug Esamann, currently president of Duke Energy Indiana, as president of the company's Midwest and Florida Regions and a corporate executive vice president. Esamann, 57, will oversee the...