Duke Energy Progress reaches agreement with North Carolina Public Staff and other stakeholders to deliver a lower-cost path to power North Carolina's future

Duke Energy Progress reaches agreement with North Carolina Public Staff and other stakeholders to deliver a lower-cost path to power North Carolina's future

* Customer and stakeholder feedback informs more cost-effective way to reliably serve North Carolina's customers * Duke Energy will contribute another $10 million to help customers most in need CHARLOTTE, N.C., Aug. 5, 2026 /PRNewswire/ -- After listening carefully to customer and stakeholder feedback, Duke Energy Progress and stakeholders have reached an agreement that will allow the company to continue building the infrastructure needed to reliably serve North Carolina while reducing the proposed rate increase by more than half.