Duke Energy Restores Power to 1.1M Carolinas Customers, 0.9M Still Without Power After Helene Storm Damage
Portfolio Pulse from Benzinga Newsdesk
Duke Energy has restored power to over 1.1 million customers in the Carolinas after the Helene storm, but 904,000 remain without power. Restoration efforts are ongoing, with significant infrastructure damage in South Carolina and North Carolina. The company is working with local officials to access hard-hit areas and aims to restore power as quickly and safely as possible.

September 30, 2024 | 7:40 am
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Duke Energy has restored power to over 1.1 million customers in the Carolinas after the Helene storm, but 904,000 remain without power. The company is working to repair significant infrastructure damage and restore power as quickly as possible.
Duke Energy's efforts to restore power after the Helene storm demonstrate their operational capacity and commitment to service. However, the ongoing outages and infrastructure damage may lead to increased operational costs and potential regulatory scrutiny, balancing the positive impact of restoration progress.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100