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July 22, 2024

Duke Energy

Duke Energy
Duke Files Settlement with Munis at FERC on Battery Dispute
Duke Energy Progress and North Carolina Eastern Municipal Power Agency filed a settlement with FERC regarding the latter using batteries to shave its peak demand.
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NCUC Approves Duke Energy’s Bill-funded Efficiency Programs
North Carolina regulators approved two on-bill-financed residential energy efficiency programs for Duke Energy.
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NCUC Approves Duke Energy’s Voluntary EV Charging Program
North Carolina regulators approved a new, voluntary electric vehicle charging program where Duke Energy will rent and maintain chargers for its customers.
Duke Energy
Duke Energy Quarterly Call Focuses on Long-term ‘Organic’ Growth Plans
Duke Energy saw earnings slip on mild weather and focused on its organic growth plans as a fully regulated firm engaged in the energy transition.
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MVP Southgate Extension Request Gets Mixed Reception at FERC
Mountain Valley Pipeline elicited written protests for asking FERC for a three-year extension to build the Southgate extension of the pipeline.
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Duke Energy Sells Distributed Renewable Business to ArcLight
Duke Energy announced a $364 million deal to sell its distributed renewable business to ArcLight Capital.
House Energy and Commerce Committee
House Energy and Commerce Examines Moore County Attack
Members of Congress went to North Carolina to hold a field hearing on the substation attacks in early December that knocked out power to 45,000 customers.
Duke Energy
Duke Energy Sees Earnings Fall on Warm Winter Weather
Warm weather in its service territories led to lower earnings for Duke in Q1, but CEO Lynn Good told investors that the firm should make up for it this summer.
South Carolina Electricity Market Reform Measures Study Committee
Brattle Report Sees Benefits for SC RTO Membership
South Carolina would benefit from joining PJM or forming a new RTO with neighbors, Brattle Group said in a report to state legislators.
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FERC OKs Duke Energy Rate Changes to Reflect Tax Cuts
FERC approved Duke Energy’s rate settlement with two co-ops to reflect lower corporate taxes enacted during the Trump administration.

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