Duke Energy Corporation (holding Company) · NYSE:DUK
Duke Energy Corporation (holding Company) — Corporate Update (May 2025)
33 slides from Duke Energy Corporation (holding Company)'s corporate update, May 29, 2025
Slide 1: Carolinas Collaborative Meeting
Carolinas Collaborative Meeting May 29, 2025
Slide 2: Agenda
Agenda 9:00 – 9:05 Introductions and Safety Minute 9:05 – 9:15 Regulatory Update 9:15 – 10:00 Progress Update on High Energy Use Pilot SC 10:00 – 10:30 Update - Multifamily New Construction Pilot (Built-In Savings) 10:30 – 10:45 DSM/EE Innovation 2025 Project Updates 10:45 – 12:15 EM&V Updates K-12
Slide 3: Safety – Roadway Work Zone Safety
Safety – Roadway Work Zone Safety Avoid distractions. Focus on driving safety through work zones. Reduce speed. Obey posted limits. Be aware of workers. Work areas are often close to travel lanes. Give commercial vehicles space. Narrow lanes and unexpected lane shifts are challenges.
Slide 4: Regulatory Update
Regulatory Update North Carolina South Carolina Program filings DEC Filing - E-7 sub 1314 DEC Filing – 2025-101-E DEP PowerShare Filed Feb 2025 Filed March 2025 LI Multifamily Working Group Ongoing IRA Updates DEP Filing – E-2 sub xxxx DEP Filing – 2025-xxx-E SC Program Modifications To be
Slide 5: 2025 Priorities
2025 Priorities Aid in IRA distributions with SEOs Keep these priorities in Connecting EE savings to greenhouse gas emissions mind during the program review EM&V Recommendations Renters receiving EE with Duke programs Non-Res program development – DR and EE SC Neighborhood Energy Saver p
Slide 6: Progress Update on High Energy Use Pilot SC
Progress Update on High Energy Use Pilot SC
Slide 7: High Energy Usage Assistance
High Energy Usage Assistance SOUTH CAROLINA (DUKE ENERGY PROGRESS)
Slide 8: Current Production Overview
Current Production Overview • 2025 Stretch goal – Complete 2,500 measures across 700 homes • (272) audits completed since launch • Weekly run rates: • (208) in 2025 • Stretch goal= 25 audits/18 premise • 76% Homeowners / 24% Renters completions/70 EE measures • 32% Manufactured Homes • Currently ave
Slide 9: HEUP Challenges & Opportunities
HEUP Challenges & Opportunities Challenges/Opportunities 32% of homes audited require Health & Safety Experiencing partnership limitations due to unavailable Health & Safety resources and/or funding through local governments and agencies Agencies either have limited capacity or are already wor
Slide 10: South Carolina Outreach Contacts
South Carolina Outreach Contacts Title Organization Type WeatherizatioService Area Title Organization Type WeatherizatioService Area Black River United Way Non-Profit Georgetown;#Williamsburg Ben Connell Ambassador Kershaw Darlington County Community Action Agency Agency State Darlington Helping Flo
Slide 11: Marketing & Customer Acquisition
Marketing & Customer Acquisition Customer Customer Experience & Retention Acquisition Challenge/Opportunity Action Items • Continued learnings (DEC/DEP) and • Most effective channel to build rapport and optimization has allowed us to better connect with this segment is through various communicate an
Slide 12: High Energy Usage Assistance Marketing Creatives
High Energy Usage Assistance Marketing Creatives Welcome & General Email Campaign Creatives: Direct mail Campaign: Proactive SMS Text Campaign Door hanger: One-pager: UKE ENERGY. RE B FREE m ee eae - svertients. Ay , . < Messages Sarah Contact oH ENERGY USAGE ASISTANCE You may qualify for free home
Slide 13: Multifamily New Construction Pilot (Built-In Savings)
Multifamily New Construction Pilot (Built-In Savings)
Slide 14: Built-in-Savings Pilot
Built-in-Savings Pilot “Build in more with Built-In Savings” Various tasks have been completed: collateral, cost benefit test calculator, participant agreement, IT/billing system integration, vendor/staff training One project enrolled The Health, Kane Realty (Raleigh, NC) 373 Units (1, 2,
Slide 15: DSM/EE Innovation 2025 Project Updates
DSM/EE Innovation 2025 Project Updates
Slide 16: DSM/EE Innovation Program Guidance
DSM/EE Innovation Program Guidance NCUC Directive from May 22, 2024 Order: “. . . utilized by the Company to test and evaluate new energy efficiency technologies and equipment and program designs in a rapid manner.” Innovation Program Approach Identify, evaluate and test DSM/EE technologies an
Slide 17: DSM/EE Innovation 2025 Project Updates
DSM/EE Innovation 2025 Project Updates Completed and currently in progress: Coming up next: Here are the most Here are the most important early important initiatives the project accomplishments and work the project management team has planned to Project: management team has under way: move their pro
Slide 18: DSM/EE Innovation 2025 Project Updates - continued
DSM/EE Innovation 2025 Project Updates - continued Completed and currently in progress: Coming up next: Here are the most Here are the most important early important initiatives the project accomplishments and work the management team has planned to Project: project management team has under move th
Slide 19: DSM/EE Innovation 2025 Project Updates - continued
DSM/EE Innovation 2025 Project Updates - continued Completed and currently in progress: Coming up next: Here are the most Here are the most important early important initiatives the project accomplishments and work the management team has planned to Project: project management team has under move th
Slide 20: EM&V Updates
EM&V Updates
Slide 21: DEC-DEP EM&V Overview; May 2025
DEC-DEP EM&V Overview; May 2025 EM&V reports to be discussed today: Program Date of Report Evaluator Energy Efficiency in Schools, DEC/DEP May 6, 2025 Resource Innovations Power Manager Winter 2023/2024, DEC February 4, 2025 Resource Innovations EnergyWise Business, DEC/DEP May 9, 2025 Guidehouse
Slide 22: Energy Efficiency Education Program for Schools (DEC/DEP)
Energy Efficiency Education Program for Schools (DEC/DEP) Energy Efficiency Education Program for Schools provides age-appropriate school performances by National Theatre for Children (NTC) to teach students about energy and energy conservation. They also provide teachers with classroom curriculum
Slide 23: Energy Efficiency Education Program for Schools (DEC/DEP)
Energy Efficiency Education Program for Schools (DEC/DEP) Process Evaluation Key Findings Include: Night lights had the highest satisfaction rating of any of the kit measures. Most participants used the online ordering platform to request their kit, and nearly all of those respondents were satis
Slide 24: Power Manager (DLC & BYOT) Winter 2023-24
Power Manager (DLC & BYOT) Winter 2023-24 Voluntary DR program offering incentives to residential customers who allow Duke Energy to reduce the use of their central air conditioner’s outdoor compressor and fan during summer days with high energy usage. Resource Innovations conducted the 2023-24
Slide 25: Power Manager (DLC & BYOT) Winter 2023-24
Power Manager (DLC & BYOT) Winter 2023-24 Process Evaluation Key Finding Include: BYOT and DLC Power Manager participants are frequent users of their heating systems on both weekends and weekdays in the winter. BYOT survey responses indicate that they are at least sometimes aware of events –the
Slide 26: EnergyWise Business
EnergyWise Business Provides small and medium business customers that have one or more central air conditioning or heat pump units at their facility an opportunity to earn bill credits by allowing DEC/DEP to periodically cycle their HVAC equipment during conservation periods. Upon enrollment, eligib
Slide 27: EnergyWise Business
EnergyWise Business Process Evaluation Findings Comfort levels for the higher cycling levels are not significantly different than the lower cycling levels. Survey respondents indicated they would like improved training on how the enrolled thermostat works along with key features of the online po
Slide 28: Non-Residential Prescriptive
Non-Residential Prescriptive The program offers per-unit incentives to C&I customers to purchase and install qualifying high-efficiency equipment Prescriptive incentives cannot exceed 75% of the customer’s equipment cost Evaluation period January 1, 2021, to December 31, 2022 with primary focu
Slide 29: Non-Residential Prescriptive
Non-Residential Prescriptive Process Methodology Interview with program team, midstream distributors and upstream manufacturers; phone survey with participants (MC and Midstream) and main channel trade allies. Process Findings Awareness and use of online portal among trade allies is high.
Slide 30: EM&V Cost Savings
EM&V Cost Savings
Slide 31: Potential Approaches to Mitigate EM&V Costs
Potential Approaches to Mitigate EM&V Costs In last year’s Carolinas Collaborative, discussed – Possibility of impact evaluation every two years, with process evaluation cadence every other evaluation period Collaborative consensus – Shortening written report content Move to an extended
Slide 32: Potential Savings – As Example
Potential Savings – As Example Potential Savings – Possibility of impact evaluation every two years, with process evaluation cadence every other evaluation period Shortening written report content Increase timespan of evaluations to every three years 32
Slide 33: 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) In our efforts to encourage open discussion, please be advised that Duke Energy is holding this meeting under Chatham House Rule. That means that participants are allowed to s