Duke Energy put a “for sale” sign on its 3.5-GW commercial renewable business, saying it wants to focus its capital on regulated spending.

Solar installers in North Carolina agreed to a phased reduction in net metering rates under a compromise with Duke Energy that is now before state regulators.

Solar advocates celebrated the defeat of a Florida bill that would have phased out the state’s net metering program but warned the battle is far from over.

Rooftop solar is a good start, but it will take careful design of utility rates to ensure electrification comes with carbon reductions, industry officials say.

Duke Energy filed a proposal with the North Carolina Utilities Commission that presents four broad paths to reducing carbon emissions by 70% by 2030.

Duke Energy and TotalEnergies will pay a combined $315 million to lease 110,000 acres off North Carolina that could produce 1.3 GW in offshore wind.

Duke Energy's net income declined in the first quarter despite a whopping increase in sales compared to a year ago because of the costs of winter storms.

FERC conditionally approved changes to Duke's contract with municipal utilities in N.C. but ordered negotiations over how demand charges are calculated.

By 2030, Dominion's generation in South Carolina will be coal-free, while it will “have only two remaining facilities in Virginia,” CEO Robert Blue said.

Duke Energy executives touted the company’s clean energy plans during the company’s fourth-quarter earnings call.