Duke Energy Corporation (holding Company) · NYSE:DUK

Duke Energy Corporation (holding Company) — Corporate Update (January 2024)

21 slides from Duke Energy Corporation (holding Company)'s corporate update, Jan 25, 2024

  1. Slide 1: Duke Energy Carolinas Collaborative Meeting

    Duke Energy Carolinas Collaborative Meeting January 25, 2024

  2. Slide 2: Safety

    Safety j PUES fon coup WEAN CHILLY COLO Warning Signs of Hypothermia e eo Ae FS «@ Tire Confusion Shivering Difficulty Sleepiness Stiff Speaking Muscles weather.gov/cold © J weather.gov/safety

  3. Slide 3: Agenda

    Agenda  Introductions and Safety Minute  HEHC EM&V Results  Regulatory Update  MyHER Demand Response Testing  Recovery filings  IRA Coordination Opportunities  Program filings –  Priorities for 2024  Income-qualified DR  Wrap Up and Scheduling  PowerShare Mandatory Plus  Home Energy Hous

  4. Slide 4: Regulatory Update

    Regulatory Update North Carolina South Carolina  DEC Filing  DEC Filing  Plan to file Feb 20  Plan to file March 1  Hearing in June  Comments from intervenors due May Program filings:  ToB Pilot – SC 2024 Filings  SC High Energy Use Pilot  present actuals from 2023 and  Income-qualified DR

  5. Slide 5: HEHC EM&V Results

    HEHC EM&V Results = DUKE wv

  6. Slide 6: Residential Energy Assessments

    Residential Energy Assessments Home assessment program that provides customers a customized energy report with low/no-cost recommendations to help lower energy bills, along with an energy efficiency kit - two LED bulbs, an efficient showerhead, one kitchen faucet aerator, one bathroom faucet aerator

  7. Slide 7: Impact Findings

    Residential Energy Assessments Impact Findings Tables 7 and 8 show the values for the kit, after the additional measures savings are deducted. These tables also reflect individual measure savings for both DEC and DEP jurisdictions. The estimate for the starter kit is calculated as the per participan

  8. Slide 8: Process Findings and Evaluation Recommendations

    Residential Energy Assessments Process Findings  Both DEC and DEP participants are highly satisfied with the program.  Program recommendations are useful and actionable, and DEC and DEP participants act on many of the recommendations they receive from the program.  Energy bill savings, saving ene

  9. Slide 9: MyHER Messaging

    MyHER Messaging =, DUKE ww

  10. Slide 10: Peak Load Management Test Overview

    Peak Load Management Test Overview • Launched in 2023 to select audience of 35K customers in the Carolinas • Included 2 winter alerts and 4 summer alerts • Used 3 communication channels (email, text and web notifications) • Pre-Event Notification: sent up to 24 hours in advance and requests customer

  11. Slide 11: Peak Load Management Alert Communications

    Peak Load Management Alert Communications Duke Energy: Tomorrow, [2024-01-05], we anticipate energy demand to be high. Please take steps to minimize power use from [6-9AM] to keep energy demand low. Get tips at [URL]. Type STOP to cancel future notifications. Alert Text Sent 1/4/2024 Alert Email Wel

  12. Slide 12: IRA Coordination Opportunities

    IRA Coordination Opportunities – will begin at 10:15

  13. Slide 13: IRA Home Energy Rebates

    IRA Home Energy Rebates January 25, 2024

  14. Slide 14: IRA Home Energy Rebates Overview

    IRA Home Energy Rebates Overview  State/Tribal Energy Offices submit application for funding and determine overall program structure  Formula funds (i.e., allocated to each state), with very intricate application requirements  Rebates go directly to homeowner, property owner, or aggregator  May

  15. Slide 15: Task List

    Task List (including items in flight now)  State & Tribal Energy Offices Activity  Duke Energy Preparation for Program Prior to Launch Cooperation  Start Planning  Evaluate DOE guidelines vs. current  Request Administrative Funds from DOE program approaches  Hire Resources (Staff and/or Vendor

  16. Slide 16: Existing EE Programs Potential Approach to IRA

    Existing EE Programs Potential Approach to IRA We consider the following options as we evaluate our energy efficiency portfolio relative to the IRA rebates: Educate Modify Net New Identifying possible new opportunities related new Identifying possible to: Expect existing EE Exploring program • Multi

  17. Slide 17: Potential Customer Journey for Home Energy Rebates

    Potential Customer Journey for Home Energy Rebates Delivered via Existing Duke Energy Programs In-home site visit, audit, Installation, rebate Optional: Customer engagement EE recommendations application and customer signs payment up for additional Duke Energy bill Customer’s Customer Preliminary In

  18. Slide 18: IRA HER & HEAR Program Design Considerations

    IRA HER & HEAR Program Design Considerations Trade ally partnership Customer experience designed to avoid designed to maximize pitfalls of paperwork, funding, reduce eligibility confusion, confusion, minimize financial burdens paperwork Leveraging utility programs can help overcome these, if program

  19. Slide 19: Priorities for 2024

    Priorities for 2024 =, DUKE wv

  20. Slide 20: Possible Priorities for 2024

    Possible Priorities for 2024  Add attorneys acting as legal counsel?  Discussed in November 2023  Decided no to preserve informality and more inclusive membership, but will include them in limited working groups  Scoping strategies to deliver maximum impact to low-income communities  Aid in IRA

  21. Slide 21: Wrap Up, Scheduling, Topics for Future Collaborative Meetings

    Wrap Up, Scheduling, Topics for Future Collaborative Meetings Carolinas DSM/EE Collaborative - Duke Energy (duke-energy.com)

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