Additional risks and uncertainties are identified and discussed in Duke Energy's reports filed with the SEC and are available at the SEC's website. CHARLOTTE, N.C. Duke Energy Corporation (NYSE: DUK) (Duke Energy) announced today that it intends to offer, subject to market and other conditions, $1.5 billion aggregate principal amount of convertible senior notes due 2026 (the convertible notes) in a private placement under the Securities Act of 1933, as amended (the All Rights Reserved. "Certainly if you've got EHS I would recommend opting out, if you've got a chronic disease I would consider it, if you're normal, normal meaning healthy, it's up to you," he said. At the end of each calendar year, Duke Energy credits the customer for any unused net metering credits at an annual rate based on the COG-1 tariff. The company says about two million meters have been switched so far. The conversion rate and the corresponding conversion price will be subject to adjustment in some events but will not be adjusted for any accrued and unpaid interest. One letter sent to the state utilities commission from a group of scientists and health professionals reads "The adverse health impacts are real, significant, and for some people debilitating.". You can view the current electricity rates in Indiana on Duke Energy's website. {Qb:T ^8^ UT>3o 2:-~3=1?=s=qSIbajc/.L%6 1-Q,-IH{K1X@D #u,khco&9.

Abby Motsinger This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. As a result, Duke Energys net metering cap varies depending on the state in which it is operating. Duke Energy will settle conversions of the convertible notes by paying cash up to the aggregate principal amount of the convertible notes to be converted and paying or delivering, as the case may be, cash, shares of its common stock, $0.001 par value per share, or a combination of cash and shares of its common stock, at its election, in respect of the remainder, if any, of its conversion obligation in excess of the aggregate principal amount of the convertible notes being converted. You can view the current electricity rates in Kentucky on Duke Energy's website. For homeowners, the program offers a $0.60/Watt rebate for systems up to 10 kilowatts. Indiana. They encourage anyone who has questions or issues to give them a call. Web9.0 SPECIAL SERVICE REQUIREMENTS FOR HEAVY SNOW LOADING AREAS 10.0 PERMANENT U/G SERVICE FROM A METER PEDESTAL 11.0 PERMANENT U/G SERVICE ON A WOOD POST 12.0 TERMINATION FACILITIES 13.0 TRENCHING 2.0 PURPOSE The purpose of this standard is to assist the customer and his engineer The minimum bill is essentially a minimum usage charge of $30 per month to ensure we are able to recover the costs necessary to serve our entire customer base across Florida with continued safe and reliable service, Duke Energy said in a statement to 8 On Your Side. Please select your state. After solar panel system installation, an inspection may be required. Ohio. Interest will be payable semiannually in arrears. Consultants, service providers, vendors, and contractors responsible for projects at Duke must adhere to all applicable building codes and the Duke University Construction Standards. In addition to the Level 1 application, customers must also include an electrical one-line diagram, equipment specifications, and a disconnect switch. Knowing where your account is located will help us serve you better. Duke Energy. Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of the largest energy holding companies in the U.S. Duke Energy says it is aware of the concerns about health impacts, but the company insists the meters are safe. 417 0 obj <>/Filter/FlateDecode/ID[<4F170BA6314A2C4799890C6296C94965><7DA0517029A689448105BDFDB28C085E>]/Index[399 43]/Info 398 0 R/Length 89/Prev 518948/Root 400 0 R/Size 442/Type/XRef/W[1 2 1]>>stream North Carolina. Customers are separately responsible for the monthly Basic Facilities Charge. Approaches and cost allocations can vary. The company says its something many Florida utility companies are already doing, including Tampa Electric Company and Florida Power & Light. Duke Energy Florida. Duke Energy started switching out analog and older digital meters in North Carolina for the new so-called smart meters earlier this year. The agreement was approved on June 4, 2021. The sale of the convertible notes is expected to close on April 6, 2023, subject to customary closing conditions. Customers can request a refund in writing from the utility which will be valued at the Rider RE rate. View the job description, Each state within Duke Energys territory requires an application to connect. Kentucky.

The offering is being made to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. The customer is still responsible for paying the monthly customer charge. IMPORTANT NOTICE:The requirements listed on the following pages apply only to electric service of 120/240V, single phase, 200 amps or less except Ability to maintain strict confidentiality of business information. Beginning Jan. 1, Dukes residential accounts, and most non-demand commercial and industrial customers received minimum monthly bills of $30. Research salary, company info, career paths, and top skills for 2023 Summer Internship - Chemical Engineering - Regulated and WebQUALIFICATIONS: No experience required. Forward-looking statements speak only as of the date they are made and Duke Energy expressly disclaims an obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Duke Energy Corporation (NYSE: DUK) ("Duke Energy") announced today (April 3) that it intends to offer, subject to market and other conditions, $1.5 billion Duke Energy also intends to grant to each of the initial purchasers of the convertible notes an option to purchase, within a 13-day period from, and including, the date on which the convertible notes are first issued, up to an additional $225 million aggregate principal amount of the convertible notes solely to cover over-allotments. Building a Smarter Energy Future Were making smart investments to improve reliability, prevent VFgT7q^. For residential customers, the interconnection process is for projects less than or equal to 20kW. Lots of studies have been done on these technologies," Brooks said. Prior to the close of business on the business day immediately preceding January 15, 2026, the convertible notes will be convertible at the option of the holders only under certain conditions. "This is being shoved down our throats and anybody in their right mind would not want a smart meter after reading about how bad they are," said Rachael Robertson of Burlington. Specific Requirements Depending on work location, may be required to meet requirements for unescorted access/security clearance. The offering is being made to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. You can view the current electricity rates in Florida on Duke Energy's website. In that case, the PUCO approved a stipulation that reduced Dukes distribution revenue by $19.177 million, with an authorized rate of return of 7.54% Work Requirements and Deliverables. Duke Energy Progress. Manage universal and hazardous waste and coordinate required disposal and recycling. Participate in annual environmental site audits and complete audit reports. WebI currently live in Fuquay and have been a Progress Energy customer (in good standing) since 2008. For Level 2 and Level 3 applications there are $50 and $100 application fees respectively plus a $1/kW and $2/kW. Most residential customers have solar panel systems less than 25 kW and fall under the interconnection process for Level 1.

WebPlease see the information below on options to apply for service and where you can find more information. To learn more about our company, visit our internship page and locations page on our career website. Conduct site visits of electric utility, natural gas utility, wind generation, and power plant operations as needed. WebDuke Energy Website. Duke Energy may not redeem the convertible notes prior to the maturity date. The deadline to submit the final Interconnection Request is October 1 to ensure the system is connected before the end of the year. None of the convertible notes or any shares of the common stock issuable upon conversion of the convertible notes have been or are expected to be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States or to U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. This internship will introduce you to the natural gas and electric utility industry. Duke Energy Corporation (NYSE: DUK) ("Duke Energy") announced the pricing of its offering of $1.5 billion aggregate principal amount of 4.125% convertible senior notes due 2026 (the "convertible notes") in a private placement under the Securities Act of 1933, as amended (the "Securities Act"). 399 0 obj <> endobj These factors include, but are not limited to: the ability to implement Duke Energy's business strategy, including Duke Energy's carbon emission reduction goals; state, federal and foreign legislative and regulatory initiatives, including costs of compliance with existing and future environmental requirements, including those related to climate change, as well as rulings that affect cost and investment recovery or have an impact on rate structures or market prices; the extent and timing of costs and liabilities to comply with federal and state laws, regulations and legal requirements related to coal ash remediation, including amounts for required closure of certain ash impoundments, are uncertain and difficult to estimate; the ability to recover eligible costs, including amounts associated with coal ash impoundment retirement obligations, asset retirement and construction costs related to carbon emissions reductions, and costs related to significant weather events, and to earn an adequate return on investment through rate case proceedings and the regulatory process; the costs of decommissioning nuclear facilities could prove to be more extensive than amounts estimated and all costs may not be fully recoverable through the regulatory process; the impact of extraordinary external events, such as the pandemic health event resulting from COVID-19, and their collateral consequences, including the disruption of global supply chains or the economic activity in Duke Energy's service territories; costs and effects of legal and administrative proceedings, settlements, investigations and claims; industrial, commercial and residential growth or decline in service territories or customer bases resulting from sustained downturns of the economy, reduced customer usage due to cost pressures from inflation or fuel costs, and the economic health of Duke Energy's service territories or variations in customer usage patterns, including energy efficiency efforts, natural gas building and appliance electrification, and use of alternative energy sources, such as self-generation and distributed generation technologies; federal and state regulations, laws and other efforts designed to promote and expand the use of energy efficiency measures, natural gas electrification, and distributed generation technologies, such as private solar and battery storage, in Duke Energy service territories could result in a reduced number of customers, excess generation resources as well as stranded costs; advancements in technology; additional competition in electric and natural gas markets and continued industry consolidation; the influence of weather and other natural phenomena on operations, including the economic, operational and other effects of severe storms, hurricanes, droughts, earthquakes and tornadoes, including extreme weather associated with climate change; changing investor, customer and other stakeholder expectations and demands including heightened emphasis on environmental, social and governance concerns and costs related thereto; the ability to successfully operate electric generating facilities and deliver electricity to customers including direct or indirect effects to the company resulting from an incident that affects the U.S. electric grid or generating resources; operational interruptions to Duke Energy's natural gas distribution and transmission activities; the availability of adequate interstate pipeline transportation capacity and natural gas supply; the impact on facilities and business from a terrorist or other attack, war, vandalism, cybersecurity threats, data security breaches, operational events, information technology failures or other catastrophic events, such as fires, explosions, pandemic health events or other similar occurrences; the inherent risks associated with the operation of nuclear facilities, including environmental, health, safety, regulatory and financial risks, including the financial stability of third-party service providers; the timing and extent of changes in commodity prices and interest rates and the ability to recover such costs through the regulatory process, where appropriate, and their impact on liquidity positions and the value of underlying assets; the results of financing efforts, including the ability to obtain financing on favorable terms, which can be affected by various factors, including credit ratings, interest rate fluctuations, compliance with debt covenants and conditions, an individual utility's generation mix, and general market and economic conditions; credit ratings of Duke Energy or its subsidiaries may be different from what is expected; declines in the market prices of equity and fixed-income securities and resultant cash funding requirements for defined benefit pension plans, other post-retirement benefit plans and nuclear decommissioning trust funds; construction and development risks associated with the completion of Duke Energy's or its subsidiaries' capital investment projects, including risks related to financing, timing and receipt of necessary regulatory approvals, obtaining and complying with terms of permits, meeting construction budgets and schedules and satisfying operating and environmental performance standards, as well as the ability to recover costs from customers in a timely manner, or at all; changes in rules for regional transmission organizations, including changes in rate designs and new and evolving capacity markets, and risks related to obligations created by the default of other participants; the ability to control operation and maintenance costs; the level of creditworthiness of counterparties to transactions; the ability to obtain adequate insurance at acceptable costs; employee workforce factors, including the potential inability to attract and retain key personnel; the ability of Duke Energy's subsidiaries to pay dividends or distributions to Duke Energy; the performance of projects undertaken by Duke Energy's nonregulated businesses and the success of efforts to invest in and develop new opportunities, as well as the successful sale of the majority of its commercial renewable energy business; the effect of accounting and reporting pronouncements issued periodically by accounting standard-setting bodies and the Securities and Exchange Commission (the "SEC"); the impact of U.S. tax legislation to Duke Energy's financial condition, results of operations or cash flows and Duke Energy's credit ratings; the impacts from potential impairments of goodwill or equity method investment carrying values; asset or business acquisitions and dispositions may not yield the anticipated benefits; and the actions of activist shareholders could disrupt Duke Energy's operations, impact Duke Energy's ability to execute on Duke Energy's business strategy, or cause fluctuations in the trading price of Duke Energy's common stock.

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You need to enable JavaScript to WebWhen applying for service online, you can request service as soon as the following business day, or you can schedule it months in advance whatever suits your needs.
WebConstruction Standards. Duke Energy will settle conversions of the convertible notes by paying cash up to the aggregate principal amount of the convertible notes to be converted and paying or delivering, as the case may be, cash, shares of its common stock, $0.001 par value per share, or a combination of cash and shares of its common stock, at its election, in respect of the remainder, if any, of its conversion obligation in excess of the aggregate principal amount of the convertible notes being converted. Ohio. Find out how affordable solar is for your home with our Solar Dukes last rate case was decided by the PUCO in December 2018 in Case No. Lake James downstream to Lake Wylie: Whom do I

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