![]() New ways to power a cleaner energy futureĭuke Energy also recently launched an innovative Bring Your Own Battery study in Florida and North Carolina to explore opportunities to leverage existing energy storage systems to support renewable energy growth and improve grid functions. This supports Duke Energy’s commitment to low-carbon technology, helping the utility meet goals outlined in its 2020 Climate Report and recent integrated resource plans, including its commitment to net-zero carbon emissions by 2050. As a result, we’re able to maximize the use of our cleanest and cheapest energy sources – keeping costs as low as we can for our customers.”Ĭurrently, more than 1 million Duke Energy households participate in the company’s extensive suite of residential programs to reduce the demand for energy, helping customers enable carbon reduction while being rewarded for helping Duke Energy manage energy use. “Using advanced analytics, automation and intelligence, we’re helping our customers manage their peak energy demand better than ever before. “This is extremely gratifying and speaks directly to our commitment to adopting technologies that can lower our carbon footprint and those of our customers.” “We’ve enrolled more smart thermostats than any other utility in the U.S.,” said Huber. With evolving demands on the power grid, the company conducted an in-depth study into how to expand its programs to address winter peaks as well, bringing reliability benefits to customers while providing operational efficiencies during each season’s peak demand periods. Originally the Power Manager and EnergyWise Home programs addressed peak period of energy usage in the summer. These programs provide an incentive to customers for voluntarily reducing energy use during periods when demand for power is highest. Duke Energy has enrolled more than 90,000 thermostats. The company’s Bring Your Own Thermostat (BYOT) program, deployed by EnergyHub and referred to as Power Manager ® or EnergyWise ® Home focuses on reducing demand for electricity in the Carolinas and Indiana. Piloting allows Duke Energy to bring new customer programs to market at a record pace. ![]() It also provides benefits for the grid, reducing periods of high demand and saving energy. Customers in the pilot may also enroll a smart thermostat with Uplight for instant savings in the program. The subscription framework allows customers to pay fixed amounts for different bundles of utility-provided products and services, making it seamless for customers to participate. Duke Energy offsets energy usage with renewable energy credits, helping customers contribute to emissions reduction while experiencing peace of mind through bill certainty. ![]() The 12-month pilot program offers customers a flat monthly subscription fee, with no surprise bill adjustments or year-end settle-up payments. In Florida, Duke Energy is piloting an Energy Service Subscription (ESS) bundle. They see the tremendous value in our customer-centric grid modernization and carbon reduction efforts.”Ĭustomer-focused programs support net-zero emissions goals “And none of this would be possible without the support of our policymakers, partners and other stakeholders. “We’re coupling innovative technologies with forward-thinking rate design and offerings to deliver better experiences for our customers each day,” said Lon Huber, vice president of rate design and strategic solutions at Duke Energy. A study showing how customer-sited devices can help manage winter peak demand for electricity in the Carolinas.A customer-friendly smart thermostat rewards program in the Carolinas and Indiana.Subscription pricing program in Florida, which contributes to decarbonization, customer engagement and lower energy use.Specifically, the company was recognized for three standout initiatives across multiple states: ![]() The company recently received the Peak Load Management Alliance’s annual award for industry thought leadership around rate design and smart device integration. – Duke Energy (NYSE: DUK) has received an award for innovation in dynamic energy management – one of the ways that energy companies help conserve energy and save customers money. Company has built largest ‘bring your own thermostat’ program in U.S.ĬHARLOTTE, N.C.Industry-leading rate design provides benefits for customers contributes to Duke Energy’s clean energy and emissions-reduction goals.
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