DUKE ENERGY CORPORATION

(DUK)
  Report
Delayed Nyse  -  04:04 2022-07-05 pm EDT
106.34 USD   -2.99%
07/04Duke Energy Florida's innovative technology reduces outages and saves customers millions of minutes of interruptions
AQ
07/01Duke Energy Florida's innovative technology reduces outages and saves customers millions of minutes of interruptions
PR
07/01DUKE ENERGY : Florida's innovative technology reduces outages and saves customers millions of minutes of interruptions
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Duke Energy : offers tips, tools to help customers save energy, money as temperatures rise

05/20/2022 | 01:05pm EDT

CHARLOTTE, N.C. - As the mercury rises in the Carolinas today and over the weekend, Duke Energy is providing tips and tools to help customers save energy - and money - while trying to stay cool.

Duke Energy has sufficient resources to meet customers' energy needs and continues to monitor its power plants, power lines and other equipment to help ensure customers receive reliable service during the heat wave.

High temperatures bring higher usage for customers, which can translate into higher bills. But a few smart, simple tips can help energy users take control of their bill and save money.

Low- to no-cost energy efficiency tips

High temperatures can lead to higher energy usage and bills as customers combat the heat. Below are some tips to help manage your energy use.

  • Change air filters regularly. A dirty air filter makes an HVAC system work harder, which uses more energy.

  • Set your thermostat at the highest comfortable setting. The smaller the difference between the inside and outside temperatures, the lower your energy usage and bill will be.
  • Close blinds, drapes and curtains during the hottest part of the day. Keeping your blinds, drapes and curtains closed will help prevent the sun's rays from heating your house.
  • Use a ceiling fan in occupied rooms to supplement your air conditioning. Make sure the fans are set to operate in a counterclockwise direction to push cool air down into living spaces. Only use ceiling fans in rooms that are occupied; fans cool people, not things.
  • Grill outdoors. Using your electric oven and stovetop creates a lot of indoor heat. Help save energy by firing up the grill outdoors or prepare meals that don't require cooking.
  • Turn off unnecessary lights. Be sure to turn off lights when you leave a room. Lights emit heat and cause your air conditioning system to work harder.

Track, manage your energy usage

Energy use typically spikes in the summer since air conditioning is one of the biggest energy users in your home. Customers can also easily track and adjust their usage during this week's heat wave.

  • Customers with smart meters can check online to view their daily usage. Smart meters collect usage information by the hour, so checking spikes throughout the month - by day and even hour - can show what appliances and behaviors are increasing their bills. Video and b-roll available here.
  • Duke Energy customers with smart meters also receive usage alerts through email and/or text halfway through their billing cycle, well before their bill arrives, with their current usage amount and a projection of what their final monthly bill could be.
  • Customers can also set budget alerts, so they know when their bill reaches a specific dollar amount of their choosing, allowing them to adjust their usage and help save money on their bill.
  • Customers without smart meters can sign up to receive high bill alerts for when adverse weather is projected to increase their electric bills by at least 30% and $30 compared to historical usage.

Other energy-saving programs, tips and guidance to help you manage higher energy bills that can result from increased energy is available at duke-energy.com/Summer.

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 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 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 28,000 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune's 2022 "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: Jeff Brooks
800.559.3853

Disclaimer

Duke Energy Corporation published this content on 20 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 May 2022 17:04:05 UTC.


© Publicnow 2022
All news about DUKE ENERGY CORPORATION
07/04Duke Energy Florida's innovative technology reduces outages and saves customers million..
AQ
07/01Duke Energy Florida's innovative technology reduces outages and saves customers million..
PR
07/01DUKE ENERGY : Florida's innovative technology reduces outages and saves customers millions..
PU
07/01Duke Energy to fund new Joules Accelerator clean-tech camp for students
AQ
06/30DUKE ENERGY : Ohio files request for regulatory review of its natural gas rates; reflects ..
PU
06/30UBS Downgrades Duke Energy to Neutral From Buy, Adjusts Price Target to $112 From $122
MT
06/30Duke Energy to fund new Jules Accelerator clean-tech camp for students
PR
06/29New South Carolina law could help electric customers save millions of dollars spent to ..
PR
06/28Duke Energy announces grant opportunities for nonprofits dedicated to social justice, r..
PR
06/28DUKE ENERGY : announces grant opportunities for nonprofits dedicated to social justice, ra..
PU
More news
Analyst Recommendations on DUKE ENERGY CORPORATION
More recommendations
Financials (USD)
Sales 2022 26 585 M - -
Net income 2022 4 126 M - -
Net Debt 2022 70 974 M - -
P/E ratio 2022 19,8x
Yield 2022 3,76%
Capitalization 81 871 M 81 871 M -
EV / Sales 2022 5,75x
EV / Sales 2023 5,79x
Nbr of Employees 27 605
Free-Float 95,0%
Chart DUKE ENERGY CORPORATION
Duration : Period :
Duke Energy Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DUKE ENERGY CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 106,34 $
Average target price 114,17 $
Spread / Average Target 7,36%
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$)
DUKE ENERGY CORPORATION1.37%81 871
NEXTERA ENERGY-15.26%155 412
SOUTHERN COMPANY6.65%75 248
IBERDROLA, S.A.-2.74%65 909
DOMINION ENERGY, INC.1.11%64 511
ENEL S.P.A.-27.94%52 855