Duke Energy Estimates $2.9 Billion in Restoration Costs

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 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’s Hurricane Restoration Costs Could Hit $2.9 Billion
North Carolina giant electric utility, Duke Energy Corp. has provided estimates that the total cost to restore facilities damaged by Hurricanes Debby, Milton and Helene could fall in the range of $2.4 billion to $2.
Duke Energy storm costs could top $1.1 billion
Duke Energy, the Florida utility’s parent, also faced restoring power after Debby and Helene in areas it serves in North Carolina and South Carolina. Thursday’s quarterly report said Duke estimates overall costs from the three storms of $2.4 billion to $2.9 billion.
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.
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.
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“I am proud of the remarkable response from our employees and utility partners to a historic storm season, including three consecutive hurricanes,” said Lynn Good, Duke Energy (DUK) chair and ...