North Carolina has attracted significant private investment in clean energy in recent years — from battery and solar manufacturing to energy‑efficiency contractor work and grid upgrades.
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Many homeowners saw unusually high electric bills after back‑to‑back winter storms in January — largely because of increased energy consumption. A new program launched over the weekend aims to help Triad residents bring those costs down.
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Duke Energy has requested permission from state regulators for steep rate hikes beginning in 2027. It’s also seeking one of the highest returns on its Carolina operations among regulated utilities.
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Duke Energy is moving forward with plans to merge its two Carolina utilities, and a coalition of environmental, business and consumer advocates has reached a settlement intended to deliver immediate benefits to customers.
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Last month’s winter storm pushed North Carolina’s energy grid to its limit. Now, the resulting power bills are turning heads.
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The federal government plans to pay to keep coal plants open longer. It recently selected Duke Energy’s two-unit coal-burning plant to receive up to $34 million.
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