How Duke Energy, Walmart deal would expand clean energy for commercial customers in Carolinas

Duke Energy Carolinas’ residential customers, including those in Charlotte, will see rates go up about 0.3% Aug.1 under rate adjustments approved by the N.C. Utilities Commission last month. Commercial customers will see rates drop 2.6% and Indu.....»»

Duke Energy Corp. is getting into the business of building solar projects and leasing them to commercial and institutional customers in the Carolinas to give them access to renewable energy without paying the upfront costs. Duke (NYSE: DUK) has estab.....»»

Rhode Island Gov. Gina Raimondo also pledged to help the U.S. economy recover from the pandemic, to expand broadband access to regions with patchy Internet connections, and to promote manufacturing and clean-energy jobs......»»

A state law that had been the subject of more than a year of negotiations between Duke Energy, solar developers, industrial customers, clean-air advocates and other stakeholders is foundering, some supporters concede......»»

Hurricane Dorian appears to be causing less damage to the eastern Carolinas than once feared, as Duke Energy Corp. (NYSE: DUK) reports about 210,000 customers have lost power to the winds and flooding caused by the now-Category 1 hurricane. By Frida.....»»

Customers in Carolinas will continue to receive power post the sal.....»»

Residential customers of Duke Energy Carolinas could see a rate increase next month despite a four-year break on some costs. And the ultimate increase will likely be more than the widely reported 1.2% hit. Duke Energy Corp. (NYSE: DUK), like all C.....»»

N.C. Attorney General Josh Stein will appeal Duke Energy Carolinas’ 1.2% rate hike, challenging at least the provisions putting customers on the hook for $475 million in coal-ash cleanup costs. “We are reviewing the rest of the order as well,â€.....»»

A clarification issued Monday by state regulators has turned what appeared to be a slight rate hike for Duke Energy Carolinas into an even smaller rate cut. The figures are tentative — and even a bit squirrelly. But the bottom line is that the cla.....»»

Duke Energy (DUK) continues to expand its green energy generation capacity in South Carolina and is working to produce 8 GW of clean energy by 2020. Duke Energy Corporation DUK announced that its unit Duke Energy Car.....»»

N.C. Attorney General Josh Stein wants the state Supreme Court to strike down a regulatory order allowing Duke Energy Carolinas to charge customers for what will eventually be billions of dollars in coal-ash cost.  Stein contends in his formal notic.....»»

The N.C. Utilities Commission has approved new fuel and renewable energy charges for Duke Energy Carolinas that amount to a small increase for residential customers. Duke Carolinas, based in Charlotte, calculates a typical residential customer’s a.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

WXII The Tria.....»»

Duke Energy Corp. says it handed ended up with more than 10,000 line crews and support workers in the Carolinas to restore power to about 1.1 million customers who suffered outages caused by Tropical Storm Michael. The storm raced through the two st.....»»

Duke Energy Corp. says it handed ended up with more than 10,000 line crews and support workers in the Carolinas to restore power to about 1.1 million customers who suffered outages caused by Tropical Storm Michael. The storm raced through the two st.....»»

Some critics of Duke Energy Corp.’s proposed program to provide renewable energy options to large commercial and institutional customers have reached a partial settlement among themselves on bill credits in the program. The compromise proposes a .....»»

Duke Energy Carolinas has closed on $1 billion worth of “green bonds” the utility can use to finance solar projects it builds and other clean-energy investments it makes in the next several years. Much of the money is likely to fund construction a.....»»

It cost Duke Energy Corp.’s two Carolinas utilities more than $760 million to restore power and repair storm damage from 2018’s triple whammy of Hurricane Florence, Hurricane Michael and Winter Storm Diego. Duke Energy Progress and Duke Energy C.....»»

Duke Energy Corp. eliminated 1,900 positions in its latest round of job reductions, largely through voluntary buyouts but with some involuntary layoffs included. That is more than was cut even after Duke bought Progress Energy in 2012. After that deal.....»»