DUKE ENERGY CORPORATION

(DUK)
  Report
Delayed Nyse  -  05/27 04:03:37 pm EDT
114.40 USD   +1.03%
05/26Duke Energy Sustainable Solutions, BYU-Hawaii complete campuswide renewable energy system
PR
05/26DUKE ENERGY : Sustainable Solutions, BYU-Hawaii complete campuswide renewable energy system
PU
05/25Duke Energy encourages customers to plan now for active 2022 hurricane season
PR
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Duke Energy : ready for Carolinas winter storm; urges customers to act now

01/14/2022 | 10:12am EDT
  • Winter storm could bring mix of snow, sleet, freezing rain to areas of Southeast, including Carolinas.

  • Customers who experience power outages can text 'OUT' to 57801, or call Duke Energy's automated outage-reporting system.

CHARLOTTE, N.C. - With snow, sleet and freezing rain expected in the Carolinas this weekend, Duke Energy is ready to respond to possible power outages.

As Duke Energy's team of meteorologists continues to monitor the storm's development, Duke Energy crews are making preparations to safely handle weather-related service interruptions.

Heavy, wet snow or freezing precipitation can cause trees and tree limbs to fall or sag onto power lines, resulting in power outages. These outages typically occur when there is more than six inches of wet snow or a quarter of an inch of ice accumulation on trees.

"Customers need to be prepared for a wintry mix that will bring with it the potential to cause outages in our service area," said Jason Hollifield, Duke Energy Carolinas storm director. "Across the Carolinas, we have power line and tree crews, and other storm personnel, ready to safely respond to power outages this weekend."

Duke Energy is bringing in nearly 600 teammates from the company's other service areas, including the Midwest and Florida, to assist with power restoration across the Carolinas.

The company has also secured approximately 1,000 workers from other utilities who are scheduled to arrive in the Carolinas by Saturday to help restore power quickly and safely to impacted customers.

As Duke Energy has done throughout the COVID-19 pandemic, storm crews will follow social distancing protocols while on duty and working to restore power to ensure safety for both customers and crews.

Winter storm safety reminders

Weather can be unpredictable, so it's always good to be prepared for whatever conditions occur.

Customers can take steps to safely prepare for winter weather and outages that may impact them by doing the following:

  • Ensure an adequate supply of flashlights, batteries, bottled water, non-perishable foods, medicines, etc., as well as the availability of a portable, battery-operated radio, TV or weather radio.
  • Customers should make alternate shelter arrangements as needed if you will be significantly impacted by a loss of power - especially families who have special medical needs or elderly members.
  • If a power line falls across a car that you're in, stay in the car. If you MUST get out of the car due to a fire or other immediate life-threatening situation, do your best to jump clear of the car and land on both feet. Be sure that no part of your body is touching the car when your feet touch the ground.
  • Be aware that snow can cause hazardous driving conditions resulting in traffic accidents and downed power poles resulting in isolated outages. If you are driving and encounter emergency responders or other roadside work crews, remember to MOVE OVER.
  • If you use a generator due to a power outage, follow the manufacturer's instructions to ensure safe and proper operation. Operate your generator outside; never operate it inside a building or garage.
  • Don't use grills or other outdoor appliances or equipment indoors for space heating or cooking, as these devices may emit carbon monoxide.
  • Stay away from power lines that have fallen or are sagging. Consider all lines energized as well as trees or limbs in contact with lines. Please report downed power lines to Duke Energy or local emergency services.

Reporting power outages

Customers who experience a power outage should report the outage using Duke Energy's automated outage-reporting systems for their respective utility:

  • Customers can report an outage by texting OUT to 57801 or may also report an outage or view current outages on the Duke Energy app or at www.duke-energy.com/outages.
  • Duke Energy Carolinas: 1.800.POWERON (1.800.769.3766)
  • Duke Energy Progress: 1.800.419.6356

Duke Energy will also provide updates on its social media channels to keep customers informed if significant outages occur:

View B-roll of storm preparations and winter storm power restoration efforts

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% 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: 800.559.3853

Disclaimer

Duke Energy Corporation published this content on 14 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2022 15:11:09 UTC.


© Publicnow 2022
All news about DUKE ENERGY CORPORATION
05/26Duke Energy Sustainable Solutions, BYU-Hawaii complete campuswide renewable energy syst..
PR
05/26DUKE ENERGY : Sustainable Solutions, BYU-Hawaii complete campuswide renewable energy syste..
PU
05/25Duke Energy encourages customers to plan now for active 2022 hurricane season
PR
05/25DUKE ENERGY : encourages customers to plan now for active 2022 hurricane season
PU
05/25Goldman Sachs Adjusts Duke Energy's Price Target to $103 From $102, Maintains Neutral R..
MT
05/24Stellantis, Samsung SDI to build $2.5 bln Indiana JV battery plant
RE
05/24Duke Energy Florida's first solar power plant in Bay County delivers clean, renewable e..
PR
05/24Duke Energy Florida's First Solar Power Plant in Bay County Delivers Clean, Renewable E..
CI
05/24DUKE ENERGY : Florida's first solar power plant in Bay County delivers clean, renewable en..
PU
05/23Morgan Stanley Adjusts Price Target for Duke Energy to $119 From $123, Maintains Equalw..
MT
More news
Analyst Recommendations on DUKE ENERGY CORPORATION
More recommendations
Financials (USD)
Sales 2022 26 532 M - -
Net income 2022 4 143 M - -
Net Debt 2022 70 938 M - -
P/E ratio 2022 21,3x
Yield 2022 3,49%
Capitalization 88 077 M 88 077 M -
EV / Sales 2022 5,99x
EV / Sales 2023 6,04x
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
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 114,40 $
Average target price 114,78 $
Spread / Average Target 0,33%
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 CORPORATION9.06%88 077
NEXTERA ENERGY-17.06%152 111
SOUTHERN COMPANY9.78%80 826
IBERDROLA, S.A.8.60%76 957
DOMINION ENERGY, INC.8.40%69 164
ENEL S.P.A.-12.21%67 346