Duke Energy Invests to Alleviate Energy Costs for Hoosiers
Duke Energy's Commitment to Helping Hoosiers
As summer draws near, Duke Energy is stepping up its efforts to assist low-income families in managing their energy expenses, especially during the hotter months. The company has allocated $200,000 to its Share the Light Fund, aiming to provide necessary relief to those facing financial difficulties. This fund has dramatically impacted the community, offering crucial support to thousands of families over recent years.
Sharing Generosity Through the Share the Light Fund
Over the past five years, Duke Energy's Share the Light Fund has been instrumental in providing more than $4 million in assistance to approximately 15,000 households. This support is vital for individuals who struggle with their energy bills, which often spike during the hotter months due to increased air conditioning use.
Stan Pinegar, the president of Duke Energy Indiana, emphasized the importance of this initiative, stating, "The financial assistance we offer through the Share the Light Fund connects customers in need to resources that can help pay their electric bills, allowing them to stay comfortable during the summer heat." The commitment reflect Duke Energy's dedication to community partnerships that identify and assist those who are in need.
Guidelines for Qualifying Customers
In collaboration with the Indiana Community Action Association, Duke Energy provides up to $300 per qualifying customer, which can be used for paying energy bills, deposits, as well as reconnection or connection charges. Customers are encouraged to reach out to their local community action agencies to see if they qualify for this valuable support.
Addressing Seasonal Financial Strains
Ed Gerardot, executive director of the Indiana Community Action Agency, highlighted that high seasonal energy costs can significantly strain families already experiencing economic challenges. He stated, "With the backing of partners like Duke Energy, we aim to extend a helping hand to those facing tough times, connecting them to resources that can alleviate their expenses and bolster their financial stability." This collaborative effort is crucial in creating a safety net for those who find themselves in precarious financial situations.
Tools and Resources for Energy Management
Duke Energy goes beyond financial assistance, offering customers a variety of tools and resources aimed at managing energy usage and reducing costs. These offerings are designed not only to help customers save money but also to encourage more efficient energy practices. Some of the available resources include:
- Usage Alerts: Customers receive timely notifications about their electricity consumption and costs, which can help them make proactive adjustments before the end of their billing cycle.
- Home Energy House Calls: Duke Energy provides free assessments where trained energy professionals evaluate homes for efficiency and offer a toolkit of energy-saving devices.
- Flexible Payment Options: The company also offers interest-free payment plans and due date extensions, providing customers with the flexibility they need during difficult financial times.
The Future of Duke Energy
Duke Energy Indiana proudly serves approximately 910,000 customers within its extensive 23,000-square-mile service area, making it the largest electric provider in the region. With a commitment to reliability and customer service, Duke Energy is not only a critical provider of energy but also a dedicated community partner.
Duke Energy (NYSE: DUK), a Fortune 150 entity based in Charlotte, is recognized as one of the largest energy holding companies in the United States. With electric utilities operating in several states, including North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky, the company serves a diverse customer base, collectively holding a significant energy capacity.
As part of its strategic plans, Duke Energy is undergoing a significant transition towards a cleaner and more sustainable energy future. This includes substantial investments in grid improvements and the incorporation of renewable energy sources, such as solar and wind, alongside natural gas and energy storage solutions. The company's commitment to a smarter energy future ensures that customer needs remain a priority.
Frequently Asked Questions
What is the Share the Light Fund?
The Share the Light Fund is an initiative by Duke Energy that provides financial assistance to low-income households to help them manage their energy bills.
How much assistance can customers receive through the fund?
Qualifying customers can receive up to $300 in assistance to cover energy bills, deposits, and fees related to service connection.
How can customers apply for assistance?
Customers should contact their local community action agencies to check their eligibility for assistance from the Share the Light Fund.
What additional resources does Duke Energy offer?
Duke Energy provides various tools, such as Usage Alerts, Home Energy House Calls, and flexible payment plans, to help customers manage their energy usage and expenses.
Where can I find more information about Duke Energy’s programs?
For further information regarding Duke Energy's programs and initiatives, customers are encouraged to visit the official Duke Energy website.
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