Duke Energy protects customers from data center costs

What happened: Duke Energy and stakeholders including North Carolina Public Staff, Amazon, Google, Meta, Microsoft and the U.S. Department of Defense reached an agreement to further protect existing customers from costs to serve data centers and other large loads in North Carolina. Key numbers: Applies to large-load customers of 50 megawatts or Why it matters: If approved by state regulators, the settlement expands protections beyond existing contracts and adds to Duke Energy's July Customer Protection Plus framework, which the company says will bring billions in future customer benefits.

Duke Energy and stakeholders including North Carolina Public Staff, Amazon, Google, Meta, Microsoft and the U.S. Department of Defense reached an agreement to further protect existing customers from costs to serve data centers and other large loads in North Carolina.

If approved by state regulators, the settlement expands protections beyond existing contracts and adds to Duke Energy's July Customer Protection Plus framework, which the company says will bring billions in future customer benefits.