Raleigh City Council Agenda 2026-05-19
City Considers Four-Year Duke Energy Franchise Extension
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Description
Raleigh is considering a four-year extension of its electric power franchise with Duke Energy Progress LLC to allow time to negotiate a longer-term agreement. The extension would continue Duke Energy’s provision of electric service while addressing regulatory changes and emerging grid technologies.
Contract Details
Vendor
DUKE ENERGY PROGRESS LLC
Agency
Raleigh Water, NC
Contract Type
UTILITIES
Document Date
May 19, 2026
Contract Term
Four-year extension to franchise; current renewal expires June 11, 2026
Renewal Info
Existing electric power franchise renewed in 1986 and expiring June 11, 2026; proposed four-year extension to allow negotiation of a longer-term franchise; requires two Council readings.
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