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Guardians of the grid: Duke Energy celebrates National Lineworker Appreciation Day April 18

1. Duke Energy restored over 3.1 million outages post-Hurricane Helene. 2. Lineworkers enhance power infrastructure, crucial for community growth. 3. 23,000 personnel from multiple states aided in restoration efforts. 4. Duke Energy supports lineworker training, fostering workforce expansion. 5. Investment in grid upgrades is part of Duke's energy transition strategy.

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FAQ

Why Bullish?

Duke's strong response post-Hurricane Helene highlights operational resilience and reliability, potentially bolstering investor confidence. Historical patterns show that disaster recovery often leads to increased utility investments, positively impacting stock prices.

How important is it?

The intersection of infrastructure growth and emergency response efforts is critical for utility companies, thus making this article impactful. The nuances in workforce reliability can lead to operational improvements, suggesting potential stock price enhancement.

Why Long Term?

Continued investment in structure and workforce sets a foundation for steady growth in utility operations, likely affecting stock value positively over years.

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Lineworkers are helping build a smarter, stronger grid Duke Energy lineworkers restored more than 3.1 million customer outages after Hurricane Helene , /PRNewswire/ -- On April 18, Duke Energy celebrates National Lineworker Appreciation Day – a day to recognize the service, commitment and sacrifices of lineworkers, team members who are critical to ensuring customers have access to safe and reliable electricity.   Why it matters: Lineworkers provide an invaluable service to communities. Among the first to respond after storms to help ensure public safety, they frequently work in challenging conditions including extreme weather and heights to restore power and keep the lights on.  Lineworkers support the growth of industries and businesses in Duke Energy's service areas across the Carolinas, Florida and the Midwest by helping build and expand power infrastructure. Line technicians install new power lines, transformers and other equipment to reliably accommodate growth. This work is increasingly important as communities continue to grow and new and existing businesses expand. A historic year: Hurricane Helene (Sept. 26, 2024) was one of the most impactful storms in Duke Energy's history, requiring an unprecedented response. Duke Energy lineworkers – many of whom were personally impacted by the storm – restored more than 3.1 million customer outages in the Carolinas, Florida and Midwest after Helene hit.  By the numbers In the Carolinas, Hurricane Helene response involved 23,000 field personnel from more than 19 states and Canada. Lineworkers replaced 14,000 power poles and 9 million feet of wire as part of the restoration. In total, more than 10,000 Duke Energy and contract lineworkers, including substation and relay technicians, make up Duke Energy's lineworker team. Substation technicians manage energy distribution at substations, while relay technicians test electrical equipment to ensure reliable power distribution. Since 2020, the Duke Energy Foundation has committed more than $3.3 million in grant funding to support lineworker programs and participants. A fast-growing occupation: The demand for lineworkers continues to grow as Duke Energy engages in more grid and infrastructure improvement projects. The company works with and recruits from 22 community college lineworker training programs throughout its service areas that have lineworker training programs.  What they're saying Scott Batson, senior vice president and chief power grid officer for Duke Energy: "Our customers live and work in some of the most vibrant, fastest-growing areas of the country. Duke Energy can efficiently meet current and future energy needs in large part due to our trusted line teams' commitment to safety and excellence, and we value their work immensely." Harrison Cochran, apprentice lineworker, Duke Energy (North Carolina): "Working for Duke Energy is really rewarding and has given my colleagues and I so much gratitude to be able to help our customers and get the power back on. Our Greensboro-based line team is proud to always be willing to sacrifice time whenever needed, whether it's getting the power back on for our customers or taking time to teach the apprentices essential skills that are important to have as we continue to build a stronger grid." Go deeper: Additional media is available online. Lineworker b-roll and photography:  Lineworkers brighten our communitiesMultimedia Gallery | Duke Energy | News Center (duke-energy.com)(Photos) Hurricane Helene - Carolinas | Duke Energy | News Center (Video) Hurricane Helene Carolinas | Duke Energy | News Center  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. Contact: Logan Stewart24-Hour: 800.559.3853Twitter: @DukeEnergyNC SOURCE Duke Energy WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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