City Approves Utility Franchise Extension with Duke Energy Progress
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Description
Raleigh City Council approved a four-year extension of the utility franchise agreement with Duke Energy Progress LLC, extending the agreement from its scheduled June 11, 2026 expiration to June 2030. The second reading of the ordinance was adopted after a prior approval on May 19, 2026.
Contract Details
Vendor
DUKE ENERGY PROGRESS LLC
Agency
Raleigh Water, NC
Contract Type
UTILITIES
Document Date
June 2, 2026
Contract Term
4 years extension, expires June 11, 2030
Renewal Date
2030-06-11
Renewal Info
The four-year extension is to allow for full negotiation of a longer-term franchise agreement reflecting new regulatory and technology needs.
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