Duke Energy

Duke Energy is asking state regulators to increase residential rates by 18% over the next two years. The utility says these increases are needed to improve resiliency and reliability.

The bill represents North Carolina's most sweeping effort so far to put regulations around data center development.

The legislation, which is working through the NC House, would require large data centers to have closed loop cooling systems and have contracts for their electric purchases that prevent costs from being passed on to ratepayers.

New legislation would require closed loop cooling systems for data centers, ban local incentives and examine the financial impact of NC's 2050 carbon dioxide net neutrality law.

Duke would be required to obtain a certificate of public necessity and convenience for new nuclear facilities before retiring baseload powerplants like coal- or natural gas-fired facilities.

The state's Utilities Commission will soon decide whether Duke Energy can increase residential electric rates by up to 18% over two years. It's the first big decision for the commission since it shifted to a Republican majority.

Spring is in full swing in the Carolinas, but some folks are still experiencing a lingering winter chill from overdue utility bills. For Duke Energy customers, this increasingly results in disconnection.

At its peak, the facility can provide 100 MW of power for up to two hours. Duke Energy says these batteries will help increase reliability for customers.

The federal government plans to pay to keep coal plants open longer. It recently selected Duke Energy’s two-unit coal-burning plant to receive up to $34 million.

The town accused the utility giant of engaging in a decades-long public deception campaign downplaying the risks of fossil fuels and climate change. The judge says the case presents "nonjusticiable questions."