Duke Energy Looks to Sell $4 Billion Renewable Unit

Duke Energy is reviewing its commercial renewables business to focus on regulated utilities, aiming for a clean energy transition. The company plans to replace coal by 2035 and invest in renewables and battery storage. Duke is addressing rising utility bills due to inflation and sees the Inflation Reduction Act as beneficial for infrastructure investment. The strategic review aims to position Duke for future growth while maintaining affordability and reliability.

What challenges does Duke Energy face regarding affordability for its customers?

How does Duke Energy intend to address the rising costs of utility bills for consumers?

What investments does Duke Energy plan to make in renewable energy and battery storage?