Higher utility bills push Duke Energy profits up
Duke Energy profits rose 24% in first three months of 2025
The following article appeared in the May 7, 2025, edition of The Charlotte Ledger, an e-newsletter with smart and original local news for Charlotte. We offer free and paid subscription plans. More info here.
Higher gas and electric bills lead to higher profits for Duke Energy
Cold winter weather this year pushed utility bills of Charlotte residents higher — while also contributing to higher profits for Duke Energy.
The Charlotte-based provider of gas and electricity said Tuesday that its earnings in the first three months of 2025 rose 24% compared with the same period last year, to $1.37B.