Duke Energy Warns Of Potential Impacts From Tropical Storm Idalia

The company urges customers to be vigilant and prepared as well.

Forecasts show the potential for strong winds and heavy rain that could result in significant power outages throughout many parts of Florida.

Should customers in Florida experience any disruptions in their service, the company is making preparations with crews and equipment to respond as quickly as possible.

Crews will begin power restoration as soon as conditions are safe to do so.

The company currently serves more than 60% of customers in Florida with self-healing capabilities on its main power distribution lines.

Duke Energy Florida, a subsidiary of Duke Energy, owns 10,500 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Price Action: DUK shares closed higher by 0.66% at $90.58 on Friday.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.