Duke Energy

Duke Energy has proposed rate hikes for North Carolina customers in both of its service territories for 2027 and 2028. In the first year, residential rates for Duke Energy Carolinas customers would increase by 11.9%, and those for Duke Energy Progress customers would increase by 14.1%. The utility has also asked state regulators to raise rates for commercial and industrial customers.

Energy experts gathered in Raleigh this week to discuss how North Carolina’s energy grid — and ratepayers’ wallets — will handle the incoming wave of new data centers.

Duke Energy plans to build new natural gas infrastructure to accommodate incoming data centers and manufacturers. But one data center developer is attempting to distance itself from the associated cost of new energy generation — illustrating the tension between the state’s biggest new power consumers and residents worried about their bills.

Duke Energy filed its 2025 Carbon Plan Wednesday morning. Seismic shifts in federal energy policy over the last year have left a mark on the utility’s approach to clean energy.

Duke Energy plans to file its updated plan this week to meet North Carolina energy needs while reducing carbon pollution. However, a recent environmental report gave the utility a failing grade for transitioning to clean energy.

The N.C. Utilities Commission directed Duke to work with wind energy developers to see if committing to a wind farm by the mid-2030s is cost effective.

Climate change and its cause — the burning of fossil fuels — are problems that surround us as much as, well, the air we breathe. A new book by the father of popular climate writing, Bill McKibben, offers a simple solution: harness the power of the sun.

Duke Energy announced big profits during this week’s quarterly earnings call. The presentation comes on the heels of new legislation that further improves the company's credit and removes a key North Carolina climate target.

The state legislature has overridden Gov. Stein’s veto of Senate Bill 266 with the support of two Mecklenburg County Democrats. The bill eliminates a key climate target for the state and Duke Energy.

Senate Bill 266 also shifts some costs of purchased power from industrial to residential customers by changing how they're calculated.