Duke Energy Estimates $2.9 Billion in Restoration Costs

Duke Energy sees up to $2.9 bln in hurricane restoration costs
Duke Energy said on Thursday it estimates the total cost to restore facilities damaged by Hurricanes Debby, Milton and Helene to be in the range of $2.4 billion to $2.9 billion.
Duke Energy foresees as much as $2.9B in hurricane restoration costs
Duke Energy (NYSE:DUK) -1.5% in Thursday's trading after reporting lower than expected Q3 adjusted earnings, weighed by costs related to storm restoration and higher interest expenses. Duke (DUK) restored 5.
Duke Energy Florida plans to ask that customers pay its hurricane costs of $1.1-1.3 billion
Duke plans to ask the Florida Public Service Commission to pass along its storm-related costs to customers as soon as March.
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After Hurricanes, Duke Energy Estimates $2.9 Billion in Restoration Costs
After hurricanes Debby, Milton and Helene, a leading energy producer in the South puts a price tag on replacing lost equipment and turning the lights back on in affected areas.
Duke Energy sees up to $2.9 billion in hurricane restoration costs
Duke Energy said on Thursday it estimates the total cost to restore facilities damaged by Hurricanes Debby, Milton and Helene to be in the range of $2.4 billion to $2.9 billion. Duke, the largest utility covering North and South Carolina,
Duke Energy storm costs could top $1.1 billion
Duke Energy Florida’s costs of restoring power after three hurricanes this year could total about $1.1 billion to $1.3 billion, with the utility planning to seek state approval to recoup money from customers.
Duke Energy built solar in a mountain town to improve reliability. Helene was its biggest test.
The resort town of Hot Springs is as beautiful as it is remote, and that mountain life comes with its own challenges.
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