Duke Energy has been awarded a $50 million grant from the U.S. Department of Energy aimed at reducing customer costs, enhancing grid reliability, and accelerating infrastructure upgrades. This funding will benefit communities in Greenville and Spartanburg counties in South Carolina, as well as Henderson and Polk counties in North Carolina.
### How the Grant Will Help:
– Deployment of innovative technologies to optimize grid capacity
– Strengthening reliability
– Reducing costs for customers
– Accelerating critical infrastructure improvements in growing communities
The funding is expected to lessen projected costs for customers, enabling faster infrastructure investment. Scott Batson, Duke’s executive VP and chief power grid officer, emphasized the need for targeted investments to enhance grid reliability and accommodate evolving energy demands.
