Duke Energy’s second-quarter earnings soared to $1.43 per share, powered by electric utilities and major infrastructure upgrades to meet rising demand. The company reaffirmed its full-year forecast and is targeting the upper half of its growth range starting in 2028. With over $1 billion monthly investments in regulated capital, Duke secured a key North Carolina rate case settlement balancing affordability with modernization. They’re leveraging tax credits and federal loans to slash future costs and launched “Customer Protection Plus” to ensure fair contributions from large energy users. Looking ahead, Duke aims to add 15 gigawatts of capacity by 2031—focusing on nuclear and dispatchable generation—with careful financial safeguards in place before advancing new nuclear projects. They’re also expanding their gas fleet and driving economic growth across service areas, confident in delivering reliable, affordable energy while boosting shareholder value.
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