Duke Energy Foundation's Generous Grant to American Red Cross for Winter Storm Preparation

Duke Energy Foundation Awards $100,000 to Support Winter Storm Preparedness

As Winter Storm Fern looms over the Carolinas, forecasted to drench the region in severe winter weather, the Duke Energy Foundation has stepped in with a $100,000 rapid response grant to the American Red Cross. This funding is intended to bolster local efforts in preparing various communities for the impending storm and the frigid temperatures expected to accompany it.

Loree Elswick, President of the Duke Energy Foundation, emphasized that the company's commitment to its customers extends beyond mere restoration of power. The Foundation's proactive measures aim to ensure that communities can access safe shelter and essential resources during this challenging time.

The grant will be allocated across North Carolina and South Carolina, reinforcing local initiatives catering to cold-weather needs. The funds are earmarked for warming shelters, emergency supplies, blankets, and support for community-managed shelters. Alison Taylor, the Regional Executive for the American Red Cross, highlighted that severe winter weather not only disrupts routines but also adds pressure on families, particularly those already experiencing financial difficulties. She expressed gratitude for the Duke Energy Foundation’s support, emphasizing the partnership's role in facilitating shelter openings and essential supply provision.

Duke Energy is actively tracking the weather situation and has indicated plans to adjust its storm response strategies as necessary. This reflects the company’s adaptive approach to natural disasters and its commitment to community safety.

Commitment Beyond Power Restoration

The Duke Energy Foundation contributes upwards of $30 million each year to charitable endeavors, underscoring its focus on advancing community welfare where Duke Energy customers reside. This philanthropic effort is primarily funded through Duke Energy shareholders and reflects the company’s dedication to corporate social responsibility.

At its core, Duke Energy (NYSE: DUK), a Fortune 150 entity headquartered in Charlotte, North Carolina, commands one of the most significant energy portfolios in the United States. It provides electricity to 8.6 million customers spread across North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky, boasting a collective energy production capacity of 55,100 megawatts. Additionally, Duke Energy's natural gas segment services 1.7 million customers within North Carolina, South Carolina, Tennessee, Ohio, and Kentucky.

With the onslaught of Winter Storm Fern, it is crucial for citizens in affected areas to equip themselves with real-time information and preparedness strategies. Duke Energy encourages everyone to download the necessary emergency apps to stay updated with alerts, outage notifications, and safety guidance provided by both Duke Energy and the American Red Cross.

In conclusion, this significant grant represents a crucial lifeline for vulnerable communities during a critical time. With partnerships like that between the Duke Energy Foundation and the American Red Cross, local efforts to keep families safe and warm can be amplified, showcasing the spirit of solidarity and responsiveness in times of need.