Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Duke Energy : launches more robust customer assistance program called ‘Share the Light Fund'

11/29/2021 | 02:31pm EST
  • New fund expands giving options to increase assistance for customers who need it most.

  • Company to match up to $1 million in contributions to the fund in Carolinas in 2021.

CHARLOTTE, N.C. - Duke Energy today introduced the Share the Light Fund - a new, integrated program designed to provide increased financial assistance to customers struggling to pay their energy bills.

An evolution of Share the Warmth and the Energy Neighbor Fund, the Share the Light Fund expands opportunities for giving to increase financial assistance for customers who need it most. And like Share the Warmth, any customer can help by contributing via the Share the Light Fund option on their monthly bill, with Duke Energy pledging to match up to $1 million in contributions in the Carolinas.

"Increasing fuel costs and colder temperatures mean higher energy bills. With many customers still recovering from the negative economic impacts of the pandemic, providing assistance to our vulnerable customers is more important than ever," said Barbara Higgins, senior vice president and chief customer officer. "The Share the Light Fund makes it easier for customers to give and get help."

Duke Energy works in partnership with agencies to distribute funds to qualifying customers to pay energy bills, deposits and reconnection/connection charges.

Customer contributions

Duke Energy customers who would like to contribute to the Share the Light Fund can do so beginning this Giving Tuesday (Nov. 30, 2021). Customers can round up their bill to the next closest dollar, set up a recurring payment, make a one-time donation, include an additional amount in the designated area of their bill and add that amount to their payment or mail in a separate check made payable to the Share the Light Fund.

Customers in need

Customers experiencing financial hardship may qualify for assistance with their energy bills.​ Customers can access financial assistance resources at duke-energy.com/sharethelight.​

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 7.9 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 51,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,500 people.

Duke Energy is executing an aggressive clean energy strategy to create a smarter energy future for its customers and communities - with goals of at least a 50 percent carbon reduction by 2030 and net-zero carbon emissions by 2050. The company is a top U.S. renewable energy provider, on track to own or purchase 16,000 megawatts of renewable energy capacity by 2025. The company also is investing in major electric grid upgrades and expanded battery storage, and exploring zero-emitting power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune's 2021 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media contact: Loree Elswick
Email: Loree.Elswick@duke-energy.com
Media line: 800.559.3853


Duke Energy Corporation published this content on 29 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 19:30:04 UTC.

ę Publicnow 2021
01/21DUKE ENERGY : ready in advance of latest winter storm to hit Carolinas
01/20Duke Energy launches 'Bring Your Own Battery' study to test potential improvement of en..
01/20DUKE ENERGY : donates $12,000 to Richland Volunteer Fire Department in Texas
01/20Guggenheim Adjusts Duke Energy's Price Target to $119 From $115, Maintains Buy Rating
01/18DUKE ENERGY : Florida State Parks Foundation announces major partnership with Duke Energy ..
01/17Duke Energy crews restore power to more than 250,000 customers after winter storm moves..
01/17Duke Energy ready for Carolinas winter storm; urges customers to act now
01/16Duke Energy crews to begin damage assessment, power restoration once winter storm moves..
01/15Duke Energy warns customers of scammers during Carolinas winter storm
01/15Duke Energy estimates 750,000 customers could lose power in Carolinas due to approachin..
More news
Analyst Recommendations on DUKE ENERGY CORPORATION
More recommendations
Financials (USD)
Sales 2021 25 436 M - -
Net income 2021 3 901 M - -
Net Debt 2021 64 763 M - -
P/E ratio 2021 20,1x
Yield 2021 3,84%
Capitalization 79 227 M 79 227 M -
EV / Sales 2021 5,66x
EV / Sales 2022 5,68x
Nbr of Employees 27 535
Free-Float 95,0%
Duration : Period :
Duke Energy Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DUKE ENERGY CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 102,98 $
Average target price 108,18 $
Spread / Average Target 5,05%
EPS Revisions
Managers and Directors
Lynn J. Good Chairman, President & Chief Executive Officer
Steven K. Young Chief Financial Officer & Executive Vice President
Bonnie Titone Chief Information Officer
Dhiaa M. Jamil Chief Operating Officer & Executive Vice President
Melissa Feldmeier Chief Ethics & Compliance Officer, Vice President
Sector and Competitors
1st jan.Capi. (M$)
NEXTERA ENERGY-11.53%162 073
ENEL S.P.A.-2.00%79 582
IBERDROLA, S.A.-2.55%71 054