Duke Energy Florida supports vibrant communities with more than $545,000 to drive economic growth | Duke Energy | Whuff News

  • 26 Florida organizations receive funding to support economic development initiatives

ST. PETERSBURG, Fla. – The Duke Energy Foundation and Duke Energy Florida have awarded more than $545,000 in planned economic development grants to 26 organizations in Florida.

“Duke Energy is committed to the economy of the communities we serve,” said Melissa Seixas, state president of Duke Energy Florida. “We are proud to work with organizations that are so important to attracting businesses and improving the quality of life for Floridians.”

Funding is provided by the Duke Energy Foundation, with assistance from Duke Energy Florida’s Economic Development team, which supports organizations that increase awareness of community or regional economic development plans and product availability.

Of the 26 Florida organizations that received funding this year, the majority are among city governments and local economic development agencies that have a direct impact on local economic growth.

The University of Central Florida Research Foundation has received a $20,000 grant on behalf of the Florida High Tech Corridor to promote the Corridor’s Research and Innovation Support for Florida Businesses initiative.

“Since 1996, the Florida High Tech Corridor has created and invested in initiatives to drive the growth of the tech industry and improve the lives of people in the areas we serve,” said Paul Sohl, CEO of the Florida High Tech Corridor Council. “Duke Energy’s support will help us continue our collaborative efforts and target potential stakeholders and resources to convey information about the Corridor, helping to increase business success in Florida.”

Also among the grant recipients is the Pasco Economic Development Council (Pasco EDC). The agency received $25,000 to create a marketing campaign to promote local buildings, sites and existing business/employee images to a targeted list of recipients.

“We are excited to create a unique and strategic email campaign using our facility this year,” shared Bill Cronin, president/CEO, Pasco EDC. “Duke Energy has been a great partner to us in many ways over the years, and this will be our third grant program project. Duke Energy and their team understand the importance of standing up and delivering quality information to help recruit businesses. They are very grateful.”

Since 2013, Duke Energy, its legacy companies and the Duke Energy Foundation have contributed nearly $3 million in grant funding to economic development organizations that help create a vibrant economy in Florida.

Duke Energy Florida

Duke Energy Florida, a subsidiary of Duke Energy, owns 10,300 megawatts of electric power, providing electricity to 1.9 million residential, commercial and business customers in a 13,000-square-mile service area in Florida.

Duke Energy Foundation

The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of the communities where Duke Energy customers live and work. The foundation is funded by Duke Energy shareholders.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, NC, is one of America’s largest energy holding companies. Its utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of electric power. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 28,000 people.

Duke Energy is making an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas industry by 2030 and net-zero carbon emissions from electricity by 2050. reduction of electricity production by 2030, 50% of Scope 2 and Scope 3 emissions up and down by 2035, and 80% from electricity production by 2040. In addition, the company is investing in improving the electricity grid and energy storage, as well as exploring zero-energy generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune’s 2022 list of “World’s Most Admired Companies” and Forbes’ “World’s Best Employers” list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy’s spotlight features stories about people, innovation, social topics and environmental issues. Follow Duke Energy on TwitterLinkedIn, Instagram and Facebook.

Media contact: Audrey Stasko
Media Hotline: 800.559.3853
Twitter: @DE_AudreyS

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