Storm Cost Recovery
Find out how Duke Energy is taking steps to economically manage the cost of hurricanes and winter storms.
Saving Duke Energy NC customers $300 million
Duke Energy will be using bonds to finance the cost of several hurricanes and a winter storm over 20 years. Read more.
Issuing bonds keeps the impact as low as possible
The use of low-interest bonds, as approved by NC Utilities Commission (NCUC), reduced storm recovery costs by 35%
Storm cost recovery overseen by regulators
Duke Energy completed $1 billion in storm recovery bond financings overseen by NCUC, which reviews all submissions.