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Duke Energy settlement with Amazon, Google, Meta, Microsoft sets upfront-payment rules for NC data centers
Duke Energy's two North Carolina utilities reached a settlement with the North Carolina Public Staff, with Amazon, Google, Meta and Microsoft among the other parties, requiring large-load customers of 50 megawatts or more with 80% load factor to make nonrefundable upfront payments for grid facilities serving only them. The agreement is subject to approval by the North Carolina Utilities Commission.
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Agreement with North Carolina Public Staff, Amazon, Google, Meta, Microsoft and others enhances existing protections to further insulate customers from data center costs while delivering billions in long-term benefits CHARLOTTE, N.C. , Oct. 7, 2026 /PRNewswire/ -- Duke Energy and stakeholders have reached an agreement that further protects existing customers from costs to serve data centers and other large-load customers in North Carolina. Duke Energy proactively implemented substantial customer protections in 2024 to ensure that large-load customers pay the costs to serve them. The agreement…