Raleigh City Council Agenda 2026-06-02
Four-Year Duke Energy Power Franchise Extension Proposed
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Description
Raleigh City Council is considering an ordinance on second reading to extend the electric power franchise with Duke Energy Progress LLC for four years beyond its June 11, 2026 expiration. The extension will provide time to negotiate a longer-term agreement aligned with regulatory changes and emerging grid technologies.
Contract Details
Vendor
DUKE ENERGY PROGRESS LLC
Agency
Raleigh Water, NC
Contract Type
UTILITIES
Document Date
May 30, 2026
Contract Term
Four-year extension to franchise; existing renewal expires June 11, 2026
Renewal Date
2030-06-11
Renewal Info
Existing franchise renewed in 1986 expires June 11, 2026; proposed ordinance would extend the franchise for four additional years.
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