Latest Duke Energy Corp News

Investigators question NC governor’s pipeline fund actions

Nov. 20, 2019 8:04 PM EST

RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper appears to have “improperly used the authority and influence of his office” to pressure natural gas pipeline builders to agree to a $57.8 million mitigation fund under his control, private investigators reported Wednesday. The...

Indiana agency to regulators: Deny Duke's rate increase

Nov. 7, 2019 7:50 PM EST

INDIANAPOLIS (AP) — An Indiana agency advised regulators to deny Duke Energy's request to increase average monthly charges by as much as $23 per customer, countering that fees should instead be lowered. Indiana's Office of Utility Consumer Counselor Bill Fine has recommended that the utility reduce its...

Scaled-down utility finance measure heads to NC governor

Oct. 30, 2019 6:58 PM EDT

RALEIGH, N.C. (AP) — The General Assembly has finalized legislation that would let utilities like Duke Energy issue bonds to pay for storm recovery costs in North Carolina. But an idea the company also lobbied for so it could seek multiyear rates from regulators ultimately got left out. The Senate voted...

Multiyear rate option sought by Duke Energy in NC scuttled

Oct. 29, 2019 5:14 PM EDT

RALEIGH, N.C. (AP) — Legislative allies of the nation's largest electricity company have given up this year on a proposal to let Duke Energy and other utilities seek multiyear rates from North Carolina state regulators. House and Senate members who fashioned the negotiated bill weeks ago withdrew it on...

Duke Energy's proposed 15% Indiana rate faces data pushback

Oct. 29, 2019 12:46 PM EDT

PLAINFIELD, Ind. (AP) — Several large companies want Indiana regulators to order Duke Energy to refile paperwork supporting its proposed 15% rate increase. Duke Energy is seeking the Indiana Utility Regulatory Commission's approval for the rate hike for its 840,000 Indiana electric customers. But the...

NC city unveils license plate honoring power linemen

Oct. 19, 2019 12:06 AM EDT

NEW BERN, N.C. (AP) — New Bern became the first city in North Carolina to unveil a new license plate honoring the state's utility workers Wednesday (Oct. 9) morning during a gathering at City Hall. A bill creating the new plate was signed by Governor Roy Cooper in early September, the same week that...