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In July 2004, Duke Energy agreed to pay $208M to settle allegations that it had engaged in price gouging in California during the energy crisis of 2000 and 2001. [ 59 ] In December 2009, Duke Energy agreed to spend approximately $93M to resolve violations of the Clean Air Act.
Rank Entity State Class of ownership Parent Number of customers Sales (MWh) Revenue ($1,000 ) Average retail price/kWh) 1: Pacific Gas & Electric: CA: Investor owned
Duke officials say that by 2030 energy demand could be 22% above what the company estimated just two years ago, and within a decade it could be 25% greater than previously forecast, prompting the ...
In 2002, Duke Energy acquired Westcoast Energy, a Canadian corporation, which owned Chatham, Ontario-based Union Gas, regulated under the 1998 Ontario Energy Board Act.. On December 29, 2006 Standard & Poor's added Spectra Energy Corp. to its S&P 500 Index, replacing Parametric Technology Corp. (Nasdaq: PMTC), a software company, which then moved to the S&P MidCap 400 list instead. [5]
As Duke Energy's controversial rate case continues, the company's proposed settlement could keep cost hikes from reaching the initial 20% increase. Duke settlement could mean less drastic price ...
A new Duke Energy program will help pay for expensive upgrades that can lower your power bill at home. Here’s how it will work. Duke Energy wants to make new heating and air systems affordable.
On January 22, 2018, Duke Energy Renewables proposed a $62 million rebate program for both residential and nonresidential customers. It was the first of three programs Duke is proposing as part of "Competitive Energy Solutions for North Carolina" legislation, signed into law in 2017 by Gov. Roy Cooper.
Duke Energy Corporation (NYSE:DUK) reported third-quarter adjusted EPS of $1.62, down from $1.94 a year ago and missing the consensus of $1.70. Revenues of $8.154 billion exceeded the consensus of ...