Table Of Content
- Duke Energy Tower
- New programs will give customers more control over energy use, support low-income customers
- Global News
- Public art installations inspired by Duke Energy’s clean energy mission and reflect vibrant history of uptown Charlotte
- Duke Energy unveils community-inspired public art at new corporate headquarters
- Carbon emissions from electric generation are down 48% from 2005 levels
- South Tryon

But the potential dividends for the area — which includes Greensboro, Winston-Salem and High Point, in the center of the state — depend on equipping its workers with the skills needed for those new jobs. Mr. Kidd worried that many local workers lacked the education and skills to work at the plant. Scott Kidd didn’t expect a terribly busy job when he became the town manager of Liberty, N.C., a onetime furniture and textile hub whose rhythms more recently centered on a yearly antiques festival. The Doan’s made the tough decision that there was only enough money for his father and brother to make the journey.
Duke Energy Tower
According to Zillow, the average home valuation in the Triad’s three main cities is around $250,000, compared with more than $300,000 for the state as a whole and more than $400,000 in the Triangle. One school offering such training is Guilford Technical Community College, the site of Mr. Cooper’s Greensboro appearance. At the same event, Jill Biden, the first lady, highlighted what she saw as the importance of such programs to enacting President Biden’s economic agenda. In High Point, a hosiery mill sat vacant for decades, opening only for biannual furniture showrooms. But in 2021, a group of local investors joined with the city’s Chamber of Commerce and a local foundation that donated more than $40 million to convert the site to a co-working space, Congdon Yards.
Wells Fargo wants to put name on top of iconic Uptown Charlotte building - WSOC Charlotte
Wells Fargo wants to put name on top of iconic Uptown Charlotte building.
Posted: Wed, 27 Sep 2023 07:00:00 GMT [source]
New programs will give customers more control over energy use, support low-income customers

— Duke Energy today announced that Duke Energy Plaza, the 40-floor office tower currently under construction in Uptown Charlotte, will become the company’s new corporate headquarters. Formerly known as Metro Tower, Duke Energy Plaza will house approximately 4,400 employees and allow the company to reduce its overall real estate footprint in the Charlotte area and reduce costs to benefit customers. Located on the southernmost edge of uptown Charlotte, the Duke Energy Center anchors the Levine Center for the Arts.
Global News
The NCUC ordered Duke Energy Progress to establish a Customer Assistance Program (CAP) that will reduce bills for the utility’s most vulnerable customers through a $42 monthly credit for 12 months. Duke Energy Progress serves about 1.5 million customers in central and eastern North Carolina and in the Asheville region. – The City of Charlotte has become the first municipality to execute a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program – further expanding solar energy in North Carolina.
Public art installations inspired by Duke Energy’s clean energy mission and reflect vibrant history of uptown Charlotte
Zoning committee approves request to put signs atop iconic Charlotte tower - WBTV
Zoning committee approves request to put signs atop iconic Charlotte tower.
Posted: Tue, 16 Jan 2024 08:00:00 GMT [source]
Doan credits his family’s experiences and influence as Vietnamese refugees for his success at Duke Energy – and in life. Customer bills already reflect an interim rate adjustment implemented June 1. And for the first time, the NCUC approval covers multiyear rates, along with incentives and penalties to hold the utility accountable for reliability and other performance metrics. The move fits well with Charlotte's goal to have its municipal fleet and facilities be fueled by 100% zero-carbon energy sources by 2030. Duke Energy released a rendering of its new uptown tower, providing a first look at one of several projects reshaping South Tryon Street.A spokesman... 550 South Tryon (formerly the Duke Energy Center) is a 786-foot (240 m) tall,[1] 48-floor (54 floors including mechanical floors) skyscraper in Charlotte, North Carolina.
Duke Energy unveils community-inspired public art at new corporate headquarters
At the same time, the economy of the Triangle, which had the country’s largest corporate research park, took off as research and tech companies grew. In 2001, the Research Triangle and the Triad had roughly the same economic output; by 2021, the two had diverged. Both regions gained population, but the Triangle grew faster, buoyed by growing numbers of college-educated workers. Duke Energy will also refer CAP customers to weatherization and energy efficiency services that can help provide long-term solutions to reduce energy usage. Duke Energy shareholders are contributing an additional $6 million to the Share the Light Fund in support of North Carolina customers. This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
Carbon emissions from electric generation are down 48% from 2005 levels
Anthony Clarke, the president of Guilford Tech, said the arrival of Toyota — with the promise of high-paying jobs — had boosted interest in the school’s programs. In downtown Winston-Salem, old cigarette factories have become the Wake Forest Innovation Quarter, a research-focused district that cost more than $500 million. In Greensboro, one of the city’s oldest textile mills has been converted into a mixed-use complex, with amenities like a pizzeria to go along with office space. Like many states, North Carolina has drawn on new federal and state incentives to attract more advanced manufacturing and clean technology businesses. And the Triad, built on the tobacco, textile and furniture industries, is trying to pivot toward advanced manufacturing, offering a potential blueprint to other regions whose economic engines sputtered with globalization and the rise of automation.
South Tryon
“We are proud to be a municipal leader in North Carolina and in the U.S., not only setting ambitious climate and energy goals, but taking actions on those goals to support the environment and health of our community," said Charlotte Mayor Vi Lyles. Approximately 1,000 craftsman and trade workers will be employed during the three-year construction period, providing a much-needed economic boost to Charlotte and the surrounding areas during the pandemic. The Hennessees said they welcomed the growth offered by the arrival of companies like Toyota. At the same time, they want Winston-Salem to retain the smaller-town charm that drew them to the region — as well as the cost of living — and not become like other Southern cities. The Triad has become a destination for some college-educated workers leaving coastal cities.
New plaza in Uptown Charlotte to become Duke Energy's corporate headquarters

This area was to have been shared by Wachovia and Wake Forest University, which was to use it for its MBA courses. It would have taken up 45,000 square feet (4,200 m2) and housed approximately 750 traders per floor.[8] Wachovia would also have used floors 36 through 48. Examples highlighted include the many ways in which Duke Energy offers customers options for controlling their energy use, as well as the assistance it provides to its customers in need. Over the past two years, the company has helped customers access nearly $377 million in financial support through a dedicated agency team of customer advocates.
It also has made investments in its grid that has resulted in more reliable service to its customers. In 2023, smart, self-healing grid technologies helped Duke Energy’s customers avoid more than 1.5 million power outages, saving approximately 3.5 million hours of total outage time. Duke Energy was named to Fortune’s 2020 “World’s Most Admired Companies” list, and Forbes’ 2019 “America’s Best Employers” list. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Overall, 600 MW of capacity is available under the Green Source Advantage program for large Duke Energy customers in North Carolina.
“Any time employers stand up and say, ‘Hey, we’ve got really good-paying jobs,’ students pay attention to that, and they flock to that,” Dr. Clarke said. Kevin Bangston, the chief executive of Thomas Built, said the company had hired more than 300 workers over the past 15 months. But he has found it difficult to hire for more skilled jobs that handle automated processes in the factory. But like many manufacturing regions, its fortunes started to decline in the 1970s. Jobs in textiles started being moved overseas or automated, furniture contracted with the arrival of cheaper Chinese imports, and tobacco contracted because of a decline in smoking.
According to the Edison Electric Institute, the national monthly average for typical residential customers was $171.67 as of Jan. 1, 2023, before other utilities go through their own rate adjustments. Hodges Taylor is Charlotte’s longest-running gallery and consulting firm, founded in 1980. The women-owned gallery focuses on promoting Southeastern artists in a range of mediums and curating and presenting artists who share in common the power to spark curiosity, conversation, and collaboration. Duke plans to cut its Charlotte office space by about 60%, saving $90 million over five years.