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– Duke Energy today announced that three public art installations will be constructed at the company’s new headquarters in uptown Charlotte – the Duke Energy Plaza – to celebrate the city and company’s mission. The works of art will be freely accessible to the public and emphasize the company’s commitment to powering the vitality of its communities. Wachovia was to occupy 450,000 square feet (42,000 m2)[7] of the 1.5 million square feet (140,000 m2) tower. The third floor would have been occupied by training areas during the day and classrooms at night.
‘Smart investment’: Duke Energy building more solar parks in South Carolina - WSOC Charlotte
‘Smart investment’: Duke Energy building more solar parks in South Carolina.
Posted: Sat, 23 Mar 2024 07:00:00 GMT [source]
South Tryon
Forward-looking statements are based on management’s beliefs and assumptions. Various factors may cause actual results to be materially different than the suggested outcomes within forward-looking statements; accordingly, there is no assurance that such results will be realized. Duke Energy expressly disclaims an obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Duke Energy Progress receives approval for new rates in North Carolina, implements new programs to help customers

At the same time, the economy of the Triangle, which had the country’s largest corporate research park, took off as research and tech companies grew. In 2001, the Research Triangle and the Triad had roughly the same economic output; by 2021, the two had diverged. Both regions gained population, but the Triangle grew faster, buoyed by growing numbers of college-educated workers. Duke Energy will also refer CAP customers to weatherization and energy efficiency services that can help provide long-term solutions to reduce energy usage. Duke Energy shareholders are contributing an additional $6 million to the Share the Light Fund in support of North Carolina customers. This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Hodges Taylor
The company has interim carbon emission targets of at least 50% reduction from electric generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% from electric generation by 2040. In addition, the company is investing in major electric grid enhancements, energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear. The company’s electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own approximately 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.
This incredible journey paved the way for Thomas Doan's career
For example, if the Carolina Panthers are playing, the tower lights up blue for Panthers touchdowns. During the ACC Championship Game, whenever a team scores a touchdown, it lights up in that team's color. It is the tallest building in the Levine Center for the Arts (formerly the Wells Fargo Cultural Campus) and the largest building in Charlotte, which will have a 250,000-square-foot (23,000 m2) footprint. Rock that was blasted for the parking structure is being recycled by hauling it to a local quarry, where it will be crushed for gravel. Economic development leaders and elected officials have cited the area’s affordability as a draw for companies and workers alike, particularly as housing costs have skyrocketed nationally.
High Point became known as the home furnishings capital of the world, with the city and surrounding areas accounting for 60 percent of the country’s furniture production at their peak. Along with furniture, Greensboro and Winston-Salem specialized in textiles and tobacco. And while the Research Triangle of Raleigh, Durham and Chapel Hill had renowned universities in the University of North Carolina, Duke and North Carolina State, the Triad had Wake Forest University.
According to Zillow, the average home valuation in the Triad’s three main cities is around $250,000, compared with more than $300,000 for the state as a whole and more than $400,000 in the Triangle. One school offering such training is Guilford Technical Community College, the site of Mr. Cooper’s Greensboro appearance. At the same event, Jill Biden, the first lady, highlighted what she saw as the importance of such programs to enacting President Biden’s economic agenda. In High Point, a hosiery mill sat vacant for decades, opening only for biannual furniture showrooms. But in 2021, a group of local investors joined with the city’s Chamber of Commerce and a local foundation that donated more than $40 million to convert the site to a co-working space, Congdon Yards.
Public art installations inspired by Duke Energy’s clean energy mission and reflect vibrant history of uptown Charlotte
“The Biden administration policies have helped North Carolina and especially the Triad become a clean energy epicenter in this country,” Gov. Roy Cooper, a Democrat, said at a recent event in Greensboro. He and other grid technicians also maintain devices that enable Duke Energy to restore power faster. By providing and maintaining remote connectivity to both substations and line equipment, they are able to reroute electricity from areas needing repairs or maintenance so line crews can work safely.

“Any time employers stand up and say, ‘Hey, we’ve got really good-paying jobs,’ students pay attention to that, and they flock to that,” Dr. Clarke said. Kevin Bangston, the chief executive of Thomas Built, said the company had hired more than 300 workers over the past 15 months. But he has found it difficult to hire for more skilled jobs that handle automated processes in the factory. But like many manufacturing regions, its fortunes started to decline in the 1970s. Jobs in textiles started being moved overseas or automated, furniture contracted with the arrival of cheaper Chinese imports, and tobacco contracted because of a decline in smoking.
According to the Edison Electric Institute, the national monthly average for typical residential customers was $171.67 as of Jan. 1, 2023, before other utilities go through their own rate adjustments. Hodges Taylor is Charlotte’s longest-running gallery and consulting firm, founded in 1980. The women-owned gallery focuses on promoting Southeastern artists in a range of mediums and curating and presenting artists who share in common the power to spark curiosity, conversation, and collaboration. Duke plans to cut its Charlotte office space by about 60%, saving $90 million over five years.
The art consulting firm provides services to both corporate and individual collectors and develops projects that integrate works of art into every aesthetic, environment, and concept. Over its forty-two-year history, the company established an extensive network of relationships with artist partners, reliable vendors, and industry contractors and consistently partners with and supports the arts community. Duke Energy was named to Fortune’s 2023 “World’s Most Admired Companies” list and Forbes’ “World’s Best Employers” list. The Duke Energy News Center contains news releases, fact sheets, photos and videos.
Doan credits his family’s experiences and influence as Vietnamese refugees for his success at Duke Energy – and in life. Customer bills already reflect an interim rate adjustment implemented June 1. And for the first time, the NCUC approval covers multiyear rates, along with incentives and penalties to hold the utility accountable for reliability and other performance metrics. The move fits well with Charlotte's goal to have its municipal fleet and facilities be fueled by 100% zero-carbon energy sources by 2030. Duke Energy released a rendering of its new uptown tower, providing a first look at one of several projects reshaping South Tryon Street.A spokesman... 550 South Tryon (formerly the Duke Energy Center) is a 786-foot (240 m) tall,[1] 48-floor (54 floors including mechanical floors) skyscraper in Charlotte, North Carolina.
Another first-time aspect of this rate approval is the implementation of performance incentive mechanisms (PIMs). First allowed by North Carolina’s clean energy legislation (HB951), PIMs advance state policy goals through financial incentives and penalties that encourage utility performance in areas of shared interest with customers. The city will partner with Carolina Solar Energy, a North Carolina-based solar energy company, and Ecoplexus, an international solar energy company with offices in Durham, N.C., to build the solar farm, which is expected to be fully operational in 2022. Duke is consolidating much of its real estate holdings and office sites into this single building, projected to be the home of about 4,000 Duke employees. The site was previously home to a surface parking lot on South Tryon Street across from 550 South Tryon, the former Duke Energy Center.