Skip to content
Bull Bear Daily

Bull Bear Daily

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2024
  • December
  • 27
  • Duke Energy files to recover $1.1 billion in hurricane costs

Duke Energy files to recover $1.1 billion in hurricane costs

Bull Bear Daily December 27, 2024 1 minute read
2024-12-27T193446Z_2_LYNXMPEKBQ0HV_RTROPTP_4_DUKE-ENERGY-LAWSUIT-NORTH-CAROLINA

(Reuters) – U.S.-based utility Duke Energy said on Friday it had filed a plan with the Florida Public Service Commission to recover about $1.1 billion in direct costs associated with the company’s emergency activation and response to hurricanes Debby, Helene and Milton.

Duke, the largest utility covering North and South Carolina, said the hurricanes hit its service territories in the past few months and rip away miles of transmission lines and power poles, leaving tens of thousands of its customers without electricity.

The company said on Friday residential customers will face an increase of about $21 per 1,000 kilowatt-hours (kWh) of electricity in their monthly bills in March 2025 compared to February 2025.

(Reporting by Pooja Menon in Bengaluru; Editing by Shinjini Ganguli)

About the Author

Bull Bear Daily

Administrator

Visit Website View All Posts

Post navigation

Previous: Starbucks largely loses appeal over baristas’ firing in NLRB case
Next: FDA approves injectable version of Bristol Myers Squibb’s cancer drug Opdivo

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Sign up for our free Bull Bear Daily Newsletter!

Discover new market trends and ideas directly to your inbox.

Recent Posts

  • Stocks rise, supported by tech rally as Nvidia reports strong results
  • Samsung unveils Galaxy S26; lifts prices in key markets amid chip price surge
  • US to allow resale of Venezuelan oil to Cuba’s private sector, Treasury says
  • Iran’s Araqchi aims to reprise role as nuclear dealmaker
  • Jefferies sued by investors over losses tied to First Brands collapse

You may have missed

  • Newsletters

Stocks rise, supported by tech rally as Nvidia reports strong results

Bull Bear Daily February 27, 2026
2026-02-25T222707Z_1_LYNXMPEM1O196_RTROPTP_4_SAMSUNG-ELEC-SMARTPHONES.JPG
  • Newsletters

Samsung unveils Galaxy S26; lifts prices in key markets amid chip price surge

Bull Bear Daily February 27, 2026
  • Newsletters

US to allow resale of Venezuelan oil to Cuba’s private sector, Treasury says

Bull Bear Daily February 27, 2026
  • Newsletters

Iran’s Araqchi aims to reprise role as nuclear dealmaker

Bull Bear Daily February 27, 2026
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Home
  • Privacy Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Bull Bear Daily | bullbeardaily.com