- American City Business Journals•5 hours ago
Duke Energy Progress has agreed to cut its proposed South Carolina rate increase by 30% in a settlement with opponents of its initial rate proposal led by the S.C. Office of Regulatory Staff. This is the first rate case in which any Duke (DUK) utility seeks to have customers pay any of the costs of cleaning up its coal-ash ponds. The settlement allows Duke Progress to recover about $900,000 in coal-ash costs, but specifically says that will not create a precedent for future requests to cover those costs.
- American City Business Journals•13 hours ago
South Carolina’s power system was hardest hit by Hurricane Matthew, with a third of the state’s electric customers without power at one point during the storm and its aftermath. At its peak, South Carolina had more than 800,000 customers left without power.
- American City Business Journals•yesterday
Duke Energy contends the material came from Lee’s inactive ash ponds, but is not coal ash and presents no environmental threat. The alliance has sent samples of the material it found to a lab at Appalachian State University to determine if arsenic and other materials found in coal ash are present. "Sounds like DEQ is trying to protect Duke again," she says.
Duke Energy Corporation (DUK)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||77.76 x 100|
|Ask||79.97 x 100|
|Day's Range||77.97 - 79.09|
|52wk Range||65.50 - 87.75|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||20.73|
|Avg Vol (3m)||2,946,720|
|Dividend & Yield||3.42 (4.39%)|