Duke Energy Power Franchise Extended Four Years
Trusted by teams at
Description
The city council adopted an ordinance extending the electric power franchise agreement with Duke Energy Progress LLC for an additional four years beyond its June 11, 2026 expiration. This extension will provide more time to negotiate a comprehensive long-term franchise in light of evolving utilities regulation.
Contract Details
Vendor
DUKE ENERGY PROGRESS LLC
Agency
Raleigh Water, NC
Contract Type
UTILITIES
Document Date
June 2, 2026
Contract Term
Four-year extension to expire in 2030
Renewal Date
2030-06-11
Renewal Info
Franchise renewal originally set to expire June 11, 2026; now extended four years to 2030 to allow further negotiation.
More from DUKE ENERGY PROGRESS LLC
More from Raleigh Water
City of Raleigh Parks, Recreation, and Greenways Advisory Board Agenda Packet 2026-06-18
City of Raleigh Parks, Recreation, and Greenways Advisory Board Agenda Packet 2026-06-18
Raleigh Arts Commission Agenda 2026-06-16
Raleigh Arts Commission Agenda 2026-06-16
Raleigh Arts Commission Agenda 2026-06-16
Get alerts on contract renewals, new awards, and vendor activity.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.