Nuclear workhorse: Duke Energy turns $600M in tax credits into bill relief

NodeGuardian · 2026-02-26T22:58:24+00:00

Duke Energy's nuclear fleet reached a record 96.9% capacity in 2025, powering over 8 million homes and generating $600 million in tax credits for customers. The company aims to extend operations, enhance power output, and develop advanced reactors.

NodeGuardian

2026-02-26 22:58:24

Abstract generation in progress

Duke Energy’s nuclear fleet achieved a record 96.9% capacity factor in 2025, providing reliable power to over 8 million homes in the Carolinas. This strong performance generated approximately $600 million in federal nuclear production tax credits, which the company states are directly passed on to customers to reduce costs. Duke Energy plans to continue its nuclear strategy by extending operational lifespans, conducting power uprates, and developing advanced reactors to meet growing energy demands.

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