Duke Energy Clean Energy Program Exceeds Enrollment Targets in North Carolina
MWN-AI** Summary
Duke Energy's Clean Energy Program, particularly the Green Source Advantage Express (GSA Express), has significantly exceeded its enrollment targets in North Carolina, reflecting a robust demand for renewable energy among large business customers. Launched to provide a more streamlined way for nonresidential customers to access renewable energy, GSA Express allows participants to subscribe to capacity from new renewable facilities integrated into Duke Energy’s grid. This innovative program is designed to help businesses match up to 100% of their electricity needs without having to arrange for off-site generation independently.
As of the latest report, GSA Express has achieved subscriptions totaling 177.3 megawatts (MW), with allocations divided between Duke Energy Carolinas and Duke Energy Progress territories. This success illustrates the effectiveness of Duke Energy's response to customer feedback in designing a cleaner, more accessible energy solution. The program will also benefit all Duke Energy retail customers through revenues derived from the sale of Clean Energy Environmental Attributes, further reinforcing the collective incentive for clean energy adoption.
Early adopters of GSA Express include major corporations such as Cisco, United States Cold Storage Inc., and Daimler Truck North America, all of whom recognize the program’s potential to support their sustainability initiatives while enhancing the reliability of their operations. Duke Energy's senior vice president Angela Dewey stated that the enthusiastic response to GSA Express underscores its alignment with real-world organizational needs focused on sustainability.
In parallel, Duke Energy has introduced an Environmental Attribute Tracking tool in collaboration with Cleartrace, ensuring precise emissions reporting and further strengthening the program's integrity. This initiative aligns with Duke Energy’s broader vision of creating a smarter energy future through significant investments in renewable energy and grid modernization.
MWN-AI** Analysis
Duke Energy's recent success in exceeding enrollment targets for its Green Source Advantage Express (GSA Express) program marks a significant moment for clean energy initiatives in North Carolina. With 177.3 megawatts (MW) already subscribed, this program not only aligns with the increasing focus on sustainability among large businesses but also signals an evolving landscape in the renewable energy sector.
Companies like Cisco, Daimler Truck North America, and United States Cold Storage Inc. are strategic early participants, showcasing a trend where businesses are eager to invest in renewable energy solutions. This program, designed to offer flexible access to clean energy, allows participants to match 100% of their annual electricity use with renewable energy without the hassle of securing their own offsite generation. It represents a calculated shift from traditional energy procurement strategies, appealing to corporations aiming to enhance their sustainability profiles while maintaining cost efficiency.
From a market perspective, the momentum generated by GSA Express suggests that Duke Energy is effectively addressing the needs of today’s businesses. With the program reserving ten percent of additional capacity each year for new customers, there exists room for further expansion and potential investment opportunities for stakeholders.
For investors, the implications are clear: companies actively engaging in clean energy initiatives are likely to experience operational efficiencies and a competitive edge amid tightening emissions regulations. Duke Energy's focus on renewable energy and grid upgrades positions it as a pivotal player in the transition to a cleaner energy future.
Overall, businesses looking to integrate sustainability into their operational strategies should consider leveraging such programs, not only to enhance their ESG profiles but also to potentially unlock avenues for long-term cost savings amid a growing shift towards renewable energy sources.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
- Cisco, United States Cold Storage Inc. and Daimler Truck North America among early participants to advance sustainability goals
CHARLOTTE, N.C., March 17, 2026 /PRNewswire/ -- Green Source Advantage Express (GSA Express), Duke Energy's newest clean energy program for large business customers in North Carolina, has surpassed initial enrollment targets, highlighting strong demand for flexible, streamlined access to renewable energy across the state.
The voluntary program allows nonresidential customers to subscribe to capacity from new renewable energy facilities on Duke Energy's grid, helping them match up to 100% of their annual electricity use without securing off?site generation on their own.
The big picture: Duke Energy developed GSA Express as a more turnkey solution to the company's standard Green Source Advantage plan in response to customer feedback. The program also provides benefits to all Duke Energy retail customers through revenue generated from the sale of clean energy environmental attributes (CEEAs), regardless of whether they participate in the program.
Cisco, United States Cold Storage Inc. and Daimler Truck North America are among the first customers to participate in GSA Express.
By the numbers:
- North Carolina (GSA Express): 177.3 megawatts (MW) subscribed and allocated
- 87.3 MW in Duke Energy Carolinas territory
- 90 MW in Duke Energy Progress territory
Ten percent of additional capacity each calendar year is reserved for new business customers and will be released to large business customers in the fourth quarter of 2026 if not subscribed.
What they're saying:
Meghan Dewey, senior vice president of products, services and pricing solutions for Duke Energy:
"The strong initial response to Green Source Advantage demonstrates how the program meets the real?world needs of organizations focused on sustainability. By listening to our customers and building on the success of earlier initiatives, we're proud to offer businesses and institutions a simpler, more flexible path to achieving their clean energy goals – empowering them to make meaningful progress toward a smarter energy future."
Evan S. Brown, renewable energy program manager for Cisco:
"Cisco is proud to build on its long-standing energy strategy in North Carolina by participating in Duke Energy's GSA Express program. The program enables access to locally sourced, scalable renewable power that supports our sustainability goals and long-term energy planning. It strengthens the reliability of our Research Triangle Park operations while contributing incremental capacity to the North Carolina energy grid – demonstrating how local partnerships can deliver practical energy solutions."
Jeff Allen, chief operating officer for Daimler Truck North America:
"Partnering with Duke Energy through the GSA Express program is an important step in advancing our sustainability goals and supporting the long-term energy needs of our operations. With a large manufacturing footprint in the area, this program gives us a reliable, scalable way to access clean energy directly from the grid – helping us reduce our emissions footprint while strengthening the resilience of our network. We're proud to be among the first participants and appreciate Duke Energy's commitment to making renewable energy more accessible for companies in North Carolina."
Michael Lynch, senior vice president – sustainable engineering and automation for United States Cold Storage:
"US Cold has set clear climate goals, including a commitment to source 100 percent renewable electricity by 2030 and science-based carbon reduction targets that have been independently validated. Programs like Duke Energy's GSA Express help us advance those commitments in a practical way, alongside investments we're already making onsite, such as the solar installation at our Lumberton facility. Together, these efforts reflect our long-term approach to building a more resilient, sustainable cold chain network."
Threshold requirements: GSA Express is available to nonresidential customers who have an annual peak energy demand of at least 1 MW at a single location or a combined peak demand of at least 5 MW across multiple locations within the same Duke Energy service territory.
Keeping emissions accurate: To support accurate emissions reporting, Duke Energy has also launched a new Environmental Attribute Tracking tool in partnership with Cleartrace, providing customers with verified tracking of clean energy attributes and associated carbon reductions.
Duke Energy
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. The company's electric utilities serve 8.6 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 55,100 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.
Duke Energy is executing an ambitious energy transition, keeping customer reliability and value at the forefront as it builds a smarter energy future. The company is investing in major electric grid upgrades and cleaner generation, including natural gas, nuclear, renewables and energy storage.
More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on X, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition.
Contact: Logan Stewart
24-Hour: 800.559.3853
SOURCE Duke Energy
FAQ**
How does Duke Energy Corporation DUK plan to support additional enrollment for its Green Source Advantage Express program, considering its success in exceeding initial targets?
What specific feedback from customers led Duke Energy Corporation DUK to develop the GSA Express program as a more flexible solution compared to the standard Green Source Advantage plan?
Can you elaborate on how the revenue generated from clean energy environmental attributes benefits all Duke Energy Corporation DUK retail customers, regardless of their participation in the GSA Express program?
What measures is Duke Energy Corporation DUK taking to ensure the accuracy of emissions reporting through its new Environmental Attribute Tracking tool, and how does it complement the GSA Express program?
**MWN-AI FAQ is based on asking OpenAI questions about Duke Energy Corporation (NYSE: DUK).
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