Strong 2024 Earnings Performance
Duke Energy announced 2024 adjusted earnings per share of $5.90, finishing within the guidance range.
Positive 2025 Guidance and Long-Term Growth
Updated 2025 earnings per share guidance range of $6.17 to $6.42, with a midpoint of $6.30, indicating around 7% growth over 2024.
Significant Capital Investment Plans
An $83 billion capital plan is projected to drive 7.7% earnings-based growth, with substantial investments in infrastructure and grid improvements.
Regulatory Success
Approval of $45 billion of rate-based investments, minimizing rate case exposure in 2025 and 2026.
Solar Expansion in Florida
Addition of 1,500 megawatts of solar capacity now in service.
Customer Satisfaction Achievement
Piedmont Natural Gas team earned the J.D. Power number one customer satisfaction ranking for natural gas service in the Southeast for the third consecutive year.
Economic Development and Load Growth
Significant economic development projects expected to come online, particularly in the Carolinas, with projected annual load growth between 1.5% to 2% in 2025 and 3% to 4% from 2027 onward.
Strong Credit Metrics
Targeting 14% FFO to debt by the end of 2025, providing over 100 basis points of cushion above Moody's downgrade threshold.