Information
Earn rewards and save: Get a $150 initial bill credit + $50 annually when you enroll a qualifying smart thermostat Lower your rates: Sign up for the Flex Savings Option rate and lower your energy costs by shifting your
Original sourceAI Summary
Duke Energy is introducing energy-saving programs as temperatures drop, encouraging customers to enroll in initiatives like smart thermostats for savings. This strategy aims to enhance customer loyalty and manage rising energy demand, potentially improving DUK's financial position amidst the winter peak in energy usage.
Sentiment Rationale
Duke Energy's proactive approach to customer savings aligns with increased energy demand, which historically boosts revenue in winter months. Similar past initiatives have improved customer retention and satisfaction, supporting price appreciation.
Trading Thesis
Consider a bullish position on DUK as winter demand drives consistent revenue growth.
Market-Moving
- Winter energy demand may increase revenues for Duke Energy in the coming months.
- Participation in energy-saving programs could enhance customer retention for DUK.
- Increased customer savings may lead to positive sentiment around DUK's service reputation.
- Successful transition initiatives could attract further investments and regulatory approvals.
Key Facts
- Duke Energy launches initiatives to help customers lower winter energy costs.
- Programs include smart thermostat credits of $150 and annual savings of $50.
- Flex Savings Option allows customers to reduce energy bills by shifting usage.
- 520,000 customers participate in Power Manager and EnergyWise programs.
- Duke Energy is focused on transitioning to cleaner energy sources.
Companies Mentioned
- Duke Energy (DUK): Aims to support customers while managing increased energy demand this winter.
Corporate Developments
This article fits under 'Corporate Developments' as it outlines Duke Energy's proactive strategies to enhance customer engagement and manage demand during peak seasons, crucial for maintaining competitive advantage and financial stability.
- Earn rewards and save: Get a $150 initial bill credit + $50 annually when you enroll a qualifying smart thermostat
- Lower your rates: Sign up for the Flex Savings Option rate and lower your energy costs by shifting your energy use
CHARLOTTE, N.C., Jan. 16, 2026 /PRNewswire/ -- As a surge of winter cold sweeps in, Duke Energy is committed to helping customers manage energy costs during the coldest months of the year. Historically, January is the peak for energy use as heating systems work harder to keep homes comfortable. The colder it gets, the more energy is required – making now the perfect time to take action.
Easy-to-join programs and solutions that deliver real savings:
- Enroll a qualifying smart thermostat and receive a $150 initial bill credit plus $50 annually for helping reduce demand during peak times.
- EnergyWise® Home for Duke Energy Progress customers
- Power Manager® for Duke Energy Carolinas customers
- Flex Savings Option: Sign up for time-of-use rates and you could lower your energy costs by shifting energy use, giving you more control over your bill.
Combine these programs with winter energy-saving tips to maximize savings:
- Set your thermostat to the lowest comfortable setting.
- Seal leaks and insulate to keep warm air inside.
- Change air filters regularly for better efficiency.
- Let the sun help heat your home by opening blinds and curtains during the day and closing them at night.
- Operate ceiling fans clockwise to push warm air down.
Our perspective:
"We want customers to feel supported and confident about their energy choices this winter," said Kendal Bowman, Duke Energy's North Carolina president. "Programs like Power Manager, EnergyWise Home and Flex Savings Option, along with following simple energy-saving tips, make it easier to manage energy use and find ways to save."
Why it matters: As temperatures fall, heating systems must work longer to keep homes comfortable. This uses more energy. Join 520,000 customers in the Carolinas who are already earning bill credits and saving energy with Power Manager/EnergyWise Home.
For more information and to enroll, visit duke-energy.com/SeasonalSavings.
Duke Energy
Duke Energy (NYSE:DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.
Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.
More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.
24-Hour: 800.559.3853
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SOURCE Duke Energy