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Platform Lifts in Greenville, SC

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30 Years of Making
Your Workday More Productive

They say that working smarter is better than working harder.Why not both?

Whether you're running a high-volume warehouse, overseeing a new construction project, or managing a busy retail establishment, you know that a productive workplace is essential. When it comes to your workplace equipment, you need tools that not only save time and money but are reliable when you need them the most and help your team get the job done right.

At Absolute E-Z Up, we help professionals overcome low productivity by providing the finest stock pickers, tire pickers, and platform lifts in Greenville, SC. If you need more efficiency and more profitability at your job site, you're in the right place. Sure, big-picture processes play an important role in your workplace. However, in our experience, the top cause of low productivity involves wasted time on the job site - avoidable problems that slow down your day-to-day work. And when your day-to-day and overall deadlines aren't achieved, that fault falls on you.

Platform Lifts Greenville, SC

Some of the most common productivity issues
we hear about include:

 Low Level Lift Greenville, SC
  • Low-capacity equipment that requires workers to make multiple trips to transport materials.
  • Unreliable equipment that breaks down again and again.
  • Workers on injury leave because of falls suffered from unsafe ladders or scaffolds.
  • Enlisting more manpower to fill in because you don't have the right equipment to get the job done.

If any of these problems sound familiar to you, you're probably wondering what in the world you can do to get back on track. That's where Absolute E-Z Up comes in - to give you the tools you need to be more productive and efficient, so you have peace of mind knowing your job will finish on time, the right way.

When we founded Absolute E-Z Up (AEUP), we created a plan to deliver safe, reliable work platforms, stock picker forklifts, inclined platform lifts, stair climbers, and material handling products that increase productivity by leaps and bounds. We're not talking a few minutes shaved off here or there. We mean upping your work cycles two to three times what you're used to, coupled with drastically reduced downtime from maintenance and repair.

Sound too good to be true?

Not at Absolute E-Z Up in Greenville, SC.

Contact Us

The Absolute E-Z Up Difference

Our company was founded on three basic values:

 Low Level Access Lifts Greenville, SC

Safety - The Top Time Booster

When workers are injured, they're either placed on light duty or leave until they heal up and get back to work. This leaves you with the conundrum do you hire a new worker (which requires an initial expense) or reassign members of your staff to make up the difference? Obviously, neither situation is optimal. The biggest factor preventing these kinds of frustrating situations is workplace safety, which is why it's our top priority at AEUP. It doesn't matter if you buy a manual platform lift in Greenville, SC, or an electric stock picker. You can rest easy when you purchase equipment from us, knowing that AEUP aerial work platforms and material handling equipment come with the most innovative safety technologies.

A few of those safety mechanisms include:

  • Anti-tilt systems, helping to prevent toppling and turnovers.
  • Built-in pothole protection for driving equipment.
  • Double-foot sensors, which halts the machine from operating unless two feet are planted on the sensors.

Note: Depending on your needs, your machinery may or may not include some of these safety technologies. Please refer to specific product pages for more details.

 Electric Utility Vehicle Greenville, SC

Productivity - Doing More with Less

Common sense might tell you it would be hard for workers to do twice as much work as they used to. However, with the right equipment, it's very possible. Common sense might tell you it would be hard for a worker to do twice as much work as they used to. However, with the right equipment, it's very possible. Whether it's hanging signs, moving a piano, working on a construction site, or any of the other tasks that require a stock picker, you'll save time and complete tasks faster with Absolute E-Z Up. Our stock pickers, vertical lifts, and stair climbers are:

  • Versatile - our equipment is more versatile than other options, giving you the ability to fit into small spaces with a zero turning radius.
  • Faster - our batteries change in only a few hours and can last for dozens if not hundreds of duty cycles.
  • More Efficient - Workers can speed up every part of the workday with special features, attachments, and deck extensions.
  • Lower Costs - You can maintain our equipment at lower costs, which saves you money when you need it most.
 Mini Utility Vehicle Greenville, SC

Reliability - Always There When You Need to Work Hard

Common sense might tell you it would be hard for workers to do twice as much work as they used to. However, with the right equipment, it's very possible. Common sense might tell you it would be hard for a worker to do twice as much work as they used to. However, with the right equipment, it's very possible. Whether it's hanging signs, moving a piano, working on a construction site, or any of the other tasks that require a stock picker, you'll save time and complete tasks faster with Absolute E-Z Up. Our stock pickers, vertical lifts, and stair climbers are:

Industrial Stock Pickers in Greenville, SC

Warehouse picking involves workers pulling (picking) items located on warehouse shelves and moving them down the line for shipment to customers. This kind of work requires a great deal of coordination, organization, and attention to detail. Filling orders under deadlines and time crunches are common. As such, you need a trustworthy stock picker that can boost efficiency and increase production time.

Managers often adjust their picking strategy to be less time-consuming and costly when the real answer might lie with the tools and machinery they're using. At AEUP, we provide the highest-quality stock pickers for your business so that your workers can do the job they need to do as quickly and safely as possible.

With AEUP, you can increase material handling efficiency in a variety of industries and workplaces. We're talking retail, warehouses, factories, and even event venues. The ISP series offers ideal solutions for diverse applications. The models feature a 35% gradeability for greater job-site accessibility.

  Stock Picker Lift Greenville, SC
We offer several pickers for different needs, including:
 Stock Picker Machine Greenville, SC

ISP-7M™

If affordable efficiency is your priority, this is the picker for you. With over a 13-foot working height, it will be the last "ladder" your business will need to use. The ISP-7M is one of the most versatile and affordable stock pickers on the market and is ideal for a variety of workplaces:

  • Airports
  • Warehouses
  • Retail Stores
  • Distribution Centers
  • Educational Buildings
  • Entertainment Venues

This fantastic stock picker is light enough to be used on any surface. It is also very maneuverable, making it a great choice for any company that needs a safer working platform with the fewest mechanical parts. The ISP-7M comes with our industry-leading 5-2-1 Platinum Warranty and clocks in at almost half the price of electric stock pickers.

 Tire Picker Greenville, SC

ISP-11™

Industrial Stock Picker

If maximum versatility modern safety features matter most to you, the ISP-11™ will allow your team to work safer, faster, and with less strain on your workers. With this stock picker, you can increase safety, maximize uptime, and be able to adapt to any floorplan or warehouse layout. Durable, versatile, and low-maintenance, the AEUP ISP-11™ is a self-propelled stock picker that will modernize your material handling process.

  • Drive, rotate and elevate all at the same time. Most of our competitors can only do one of these functions at a time.
  • Closed canopy and damage-resistant carbon bumper.
  • Comes with an aluminum alloy mast cylinder column. That means you don' have to worry about motors or chains to maintain. Add to that a 5-year warranty, and you'll be working smarter and harder for years to come.
  • Our electric material trays are adjustable to any shelf height. Many such trays are not electric and can only adjust in six-inch increments. Instead of adjusting your whole machine due to a three-inch miscalculation, you can save time and frustration with the ISP-11.
  • Our double-foot sensor requires that both of your workers' heels maintain contact with the platform to drive. No more safety nightmares, like hanging over the edge to drive.

This fantastic stock picker is light enough to be used on any surface. It is also very maneuverable, making it a great choice for any company that needs a safer working platform with the fewest mechanical parts. The ISP-7M comes with our industry-leading 5-2-1 Platinum Warranty and clocks in at almost half the price of electric stock pickers.

Platform Lifts Greenville, SC

ISP-11™ TTH

If you're in need of a tire picker in Greenville, SC, our tire transport handler is exactly what you need. Safe, efficient, and versatile, this picker has a working height of over 17 feet, giving you the ability to grab tires on the highest shelves. With tires getting bigger and heavier, it becomes necessary to prevent injuries during all operations involving them. The AEUP ISP-11 TTH lifts both the operator and tires, easily placing them at the desired height while allowing faster and safer performance. As if that weren't enough, this tire transport handler also comes with our stellar 5-2-1 Platinum Warranty.

A Warranty That's on Your Side When You Need It Most

Unlike other companies in our industry, we are proud to say that our warranty comes standard on all our equipment. Stock picker forklift in Greenville, SC? Check. Vertical lifts? Check. Inclined platform lifts? Check. But this isn't any warranty - it's the Absolute E-Z Up platinum manufacturer's warranty, which is why you can trust the quality of AEUP products. Our Platinum Warranties are part of our commitment to value, safety, and quality. When you work with us, we want you to be able to trust that your Absolute E-Z Up equipment is a reliable, smart, long-term asset to your business that saves you money and time.

Our warranty allows our customers to secure their long-term budgets by reducing maintenance and repair costs. Since each piece of machinery is different, your warranty should be customized for the equipment that you need.

 Low Level Lift Greenville, SC
5-2-1 Platinum Warranty
5-2-1 Platinum Warranty™ on AEUP Low-Level Access Series

No other elevated work platform or stock picker supplier has anything close to our 5-2-1 warranty. Here's what our warranty guarantees on our low-level access machinery:

  • 5 years on your mast assembly and cylinder
  • 2 years on all other components of your platform or stock picker.
  • 1 year on the lift's battery, which is not pro-rated.
  • Optional AEUP Extended 10-5-1 Warranty Service Coverage (ISPs)
5-2-1 Platinum Warranty
5-2-1 Platinum Warranty™ on AEUP EZ Climber Series

Customers choose our E-Z Climber series because it gives them years of dependable service, backed by a warranty that will replace any parts that fail, which minimizes production downtime. We are committed to covering labor costs for the first six months of your purchase. Our E-Z Climber Series warranty guarantees:

  • 5 years of coverage on the structural steel chassis of the machine.
  • 2 years of coverage on your electrical components.
  • 1 year of coverage on the battery, which is not pro-rated.
5-2-1 Platinum Warranty
5-2-1 Platinum Warranty™ on Electric Utility Vehicles

Our electric utility vehicles give you years of dependable service, coupled with a powerful warranty that covers and service that will replace any parts that fail during your warranty period. If a part fails, we'll get it replaced quickly, to minimize downtime from work. Your labor rate is reimbursable and is covered for the first six months.

  • 5 years of coverage on the structural steel chassis of your EUV.
  • 2 years of coverage on the EUV's electrical components.
  • 1 year of coverage on the EUV's battery, which is not pro-rated.

Ready to Get Productive?

At Absolute E-Z, our goal is to provide you with the highest quality transactions and product solutions in the safest manner possible. With the right equipment and mindset, we believe that work can be fun again, and we're here to help make that happen for you and your team. As such, our mission is to be the top provider of stock pickers and other warehouse equipment in Greenville. We make it a point to listen to our customer's needs and do everything in our power to uphold our reputation for excellence.

We'll do so by continuing to honor the commitment we made to ourselves and our customers from the very beginning - earning your respect and loyalty through continuous improvement driven by integrity, teamwork, and innovation.

If you're ready to take your workflow to the next level, we're only a click or call away.

Contact us today for a FREE initial consultation
 Low Level Access Lifts Greenville, SC

Latest News in Greenville, SC

Greenville County remains among top-paying school districts in SC, officials say

GREENVILLE COUNTY, S.C. —The Greenville County School District will remain one of the top-paying school districts in the state, according to district spokesman Tim Waller.The announcement comes after this week’s amendment to the FY 23 General Fund Budget by the Greenville County Schools Board of Trustees, Waller said.Higher Starting Pay for New Teachers For years, Greenville County Schools has led the state in starting pay for teachers. In FY 22, GCS was #1 with a star...

GREENVILLE COUNTY, S.C. —

The Greenville County School District will remain one of the top-paying school districts in the state, according to district spokesman Tim Waller.

The announcement comes after this week’s amendment to the FY 23 General Fund Budget by the Greenville County Schools Board of Trustees, Waller said.

Higher Starting Pay for New Teachers

For years, Greenville County Schools has led the state in starting pay for teachers. In FY 22, GCS was #1 with a starting salary of $42,515. In FY 23, the starting teacher salary will be $45,075.

Pay Increase for All Teachers

All GCS teachers will receive $2,500 in addition to a step increase. The approved FY 23 budget includes a $2,000 increase to every step on the teacher salary schedule. The approved additional increase of $500 brings the total increase to every step on the teacher salary schedule to $2,500. The average teacher salary in GCS will be $65,027, and experienced teachers with a Master’s can make up to $80,256 and up to $97,356 with a Doctorate.

Pay Increase for All Employees

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Non-teaching staff members who are eligible, such as bus drivers, food workers, custodians, groundskeepers, administrative employees, etc., will receive at least one step increase or at least a 3% raise effective on July 1. Some employees will receive additional step increases based on the number of years of experience in their current position to address internal inequities in pay that are a result of missed step increases in previous years. GCS also increased its minimum hourly pay rate to $15 per hour.

Reduced Reliance on the General Fund – Fund Balance

An additional $3.30 million, combined with the $5 million that was already earmarked in the FY 23 budget, allows the district to further reduce its reliance on General Fund – Fund Balance by a total of $8.3 million, which better positions the District for the future.

“Within the school, the greatest influence on student success is the quality of the teacher in the classroom. Greenville County Schools is focused on remaining a top-paying district in South Carolina so we can recruit and retain the best workforce to educate our students and serve our community,” said W. Burke Royster, Superintendent of Greenville County Schools.

Huey Magoo’s Now Open In Greenville, South Carolina

Orlando, FL (RestaurantNews.com) Huey Magoo’s – the “Filet Mignon Of Chicken®” – celebrates its newest franchise store with the grand opening today of its first restaurant in South Carolina in Greenville, President and CEO Andy Howard announces. Huey Magoo’s Greenville is the 29th...

Orlando, FL (RestaurantNews.com) Huey Magoo’s – the “Filet Mignon Of Chicken®” – celebrates its newest franchise store with the grand opening today of its first restaurant in South Carolina in Greenville, President and CEO Andy Howard announces. Huey Magoo’s Greenville is the 29th restaurant opening system-wide spanning seven states, with over 225 franchises currently sold in 10 states. The 2,300 square foot free standing Greenville restaurant features an outdoor patio and a drive-thru. Greenville is the first of 12 restaurants in the Upstate of South Carolina that Huey Magoo’s franchisees Bo and John Knapp will open, who have been operating family-owned and operated Papa John’s franchises for 30 years. Huey Magoo’s Greenville will offer dine-in/out, take out and third-party delivery services Uber Eats and DoorDash beginning August 1.

“We are very excited to bring this great brand to our hometown of Greenville, South Carolina, and we cannot wait for everyone to try ‘the Filet Mignon of Chicken’”, says Bo and John Knapp. “We love Greenville and plan on Greenville always being our home.” Howard continues, “Huey Magoo’s Southeast expansion is in full swing! It’s a terrific day celebrating our first restaurant opening in South Carolina. Bo and John have had incredibly successful careers, and we are very fortunate to have Huey Magoo’s development in the Greenville area under their leadership.”

Huey Magoo’s restaurants offer dine-in/out, take out, delivery through third-party delivery services, drive-thru and curbside pickup at participating restaurants. All guests will enjoy Huey Magoo’s signature grilled, hand-breaded or “sauced” premium chicken tenders, farm fresh salads, sandwiches and wraps. Each Huey Magoo’s tender is always made all natural, with no antibiotics ever, no hormones, no steroids and no preservatives.

Enjoy Huey Magoo’s Chicken Tenders now open at 2029 Wade Hampton Boulevard, Greenville, SC 29615. Hours of operation are daily 11am-9pm. For more information and a complete list of locations, visit www.hueymagoos.com, and call 864-685-7565 for the Greenville restaurant. For franchising inquiries, contact Andy Howard at andy@hueymagoos.com.

About Huey Magoo’s

Huey Magoo’s was founded in 2004 by Matt Armstrong and Thad Hudgens, two southern boys with a passion for quality chicken and a penchant for serving others. Voted “Best Fried Chicken”, “Best of the Best Chicken Tenders”, “The Best-Rated Fried Chicken in Florida” and “America’s Hottest Startup Fast Casuals”, Huey Magoo’s is rapidly expanding and franchising throughout the Southeast with multiple locations throughout Central Florida, in South Florida, Jacksonville, Greater Tampa, Georgia, Mississippi, Tennessee, Ohio, South Carolina and coming soon to North Carolina, Missouri, Las Vegas and many more. Huey Magoo’s prides itself on providing the greatest tasting chicken tenders in a clean, family-friendly environment, while showing their love for people. Huey Magoo’s delivers delicious, cooked-to-order chicken tenders, and they do it to perfection. Huey Magoo’s gives back a portion of profits to not-for-profit organizations and community groups. Committed to building a culture of excellence in service and food quality by serving only premium hand-breaded or grilled chicken tenders dipped or “sauced” in uniquely flavorful signature sauces, Huey Magoo’s attracts a loyal following of Millennials, families and neighboring businesses craving quality, delicious food at reasonable prices.

Media Contact:Ilene LieberPassion PR Consulting321-277-7812ilene@passionprconsulting.com

Health Supply US establishing Glove One operations in Greenville County

$150 million investment will create 600 new jobs COLUMBIA, S.C. – ...

COLUMBIA, S.C. – Health Supply US, a leading government contracting and medical supply company, today announced plans to establish new manufacturing operations in Greenville County. The company is investing $150 million and creating 600 new jobs over the next five years.

A dedicated health care industry and government private sector partner, Health Supply US works to secure the United States’ domestic pipeline of medical supplies by identifying, sourcing and delivering personal protective equipment (PPE) for health care systems and federal, state and local governments. The company’s FDA-compliant products include Class I medical devices and products such as medical isolation gowns and nitrile gloves.

Located at 1 Quality Way adjacent to Beechtree Business Park, the Health Supply US Greenville County facility will operate as Glove One with a distinctive focus on the manufacturing of American-made nitrile gloves. The new state-of-the-art facility will produce an expected 4.3 billion nitrile gloves per year and greatly increase the domestic supply for this critical medical supply item – helping to protect America’s public health and national security.

The new medical device manufacturing facility is expected to be complete by January 2024 with local hiring to begin in 2022. Individuals interested in joining the Glove One team should visit the company’s website.

The Coordinating Council for Economic Development has approved job development credits related to this project. The council also awarded a $300,000 Set-Aside grant to Greenville County to assist with the costs of site preparation and building construction.

QUOTES

“Health Supply US is dedicated to bringing critical medical supply chains back to the United States. Nitrile gloves are a vitally needed medical item that keep our frontline health care professionals and first responders safe, an item that we simply cannot rely completely on international markets for our domestic supply in the future.” -Health Supply US CEO Christopher Garcia

“We embarked on this critical project on behalf of our nation, and in doing so, knew that manufacturing site selection was of paramount importance to operational longevity. Greenville and the entire state of South Carolina displayed tremendous enthusiasm for life sciences and support for this medical device operation. We’d like to thank all those involved from the Lowcountry to the Midlands to the Charlotte-region, and of course, those in the Upstate that enabled this project to find its Greenville home for many decades to come.” -Health Supply US Executive Vice President Aaron Petrosky

“This major investment by Health Supply US is further proof that our increased efforts to recruit life sciences companies to South Carolina are paying off. Expanding our life sciences industry is critical to safeguarding our supply chain and ensuring life-saving medical supplies are readily available during future emergencies. I congratulate Health Supply US on their investment and look forward to the impact they will have statewide.” -Gov. Henry McMaster

“South Carolina’s life sciences sector continues to grow at a rapid pace – amplified by today’s announcement that Health Supply US is investing $150 million and creating 600 new jobs in the Greenville County community. Not just a win for South Carolina, Health Supply US’ new Glove One operation is a win for the medical supply chain across all of the U.S. We look forward to a strong partnership with Health Supply US for many years to come.” -Secretary of Commerce Harry M. Lightsey III

“Health Supply US produces and delivers essential safety and medical supplies to frontline workers, our military and those who need them most. Greenville County is excited to welcome the organization as they establish this significant manufacturing facility here, and we wish them long-lasting success." -Greenville County Council Chair and Greenville Area Development Corporation Board Member Willis Meadows

Mountains to coast: Experience the 7 Wonders of South Carolina

UofSC professor leads 350-mile expedition across the state Who needs to travel to Egypt to see the Great Pyramids when we have our own Seven Wonders right here in South Carolina? University of South Carolina professor Tom Mullikin is leading a trek from the Blue Ridge Mountains to the Lowcountry to spotlight these natural marvels that need our protection.The South Carolina 7 Expedition will journey from 3,533 feet above sea level all the way to the Atlantic Ocean as travelers hike, raft, kayak and dive for 30 days. The itiner...

UofSC professor leads 350-mile expedition across the state

Who needs to travel to Egypt to see the Great Pyramids when we have our own Seven Wonders right here in South Carolina? University of South Carolina professor Tom Mullikin is leading a trek from the Blue Ridge Mountains to the Lowcountry to spotlight these natural marvels that need our protection.

The South Carolina 7 Expedition will journey from 3,533 feet above sea level all the way to the Atlantic Ocean as travelers hike, raft, kayak and dive for 30 days. The itinerary follows the Palmetto Trail, which connects each of the state’s Seven Wonders: Sassafras Mountain, Jocassee Gorges, Chattooga River, Congaree National Park, Edisto River, ACE Basin and Bulls Island. The public can join part of the 350-mile adventure across the state in July.

I think I'm only person in history that has climbed the seven summits and has dived in every ocean, but I come home to South Carolina because it's the most beautiful place, and I want to share that with the rest of the world.

Tom Mullikin, HRSM Professor

Mullikin, a professor in the College of Hospitality, Retail and Sport Management, is an ecotourism and sustainable tourism expert who has visited every continent. Mullikin is also a senior environmental attorney, author and advocate. As a native of Camden, South Carolina, he still sings the praises of the beauty of his home state.

“I think I'm only person in history that has climbed the seven summits and has dived in every ocean, but I come home to South Carolina because it's the most beautiful place, and I want to share that with the rest of the world,” says Mulliken.

Join the adventure

This will be the third year for the SC7 Expedition, but the first time there will be “family expedition” opportunities where everyone is invited to join in on the fun of exploring. Mullikin has teamed up with the South Carolina National Heritage Corridor to coordinate logistics and invite the public.

“We welcome anybody to come out and join us, bring their kids, bring their four-legged friends and see some of the great places in South Carolina,” says Michelle McCollum, president of the S.C. National Heritage Corridor. “I think hiking can be a little intimidating for people who have never hiked before, but once people are introduced to the beauty and benefits of being in nature, it encourages them to keep exploring.”

Mullikin hopes the journey inspires people to get outdoors and gain a deeper appreciation for the mountains, waterfalls, swamplands and coastline found in the Palmetto State.

“People say it is life-changing and that they didn't realize we had this much beauty in South Carolina,” he says. “The waterfalls we have in northern Greenville and Pickens County rival anything in the world. My favorite part is the diversity, which you feel when you walk from one end of the state to the other. We go from the Appalachia, which is some of the oldest mountain ranges in the world to the most beautiful beaches.”

Along the way, there will be fireside chats to discuss conservation, outdoor therapy and floodwater-mitigation issues. The SC7 digital field guide shows days that are open to the public. Join in and beat the midsummer heat in the Midlands by kayaking in Kershaw County, tubing the Saluda River or hiking through shady Congaree National Park.

UofSC College of Hospitality, Retail and Sport Management is a sponsor of the SC7 expedition, which starts July 1 in Oconee County and ends in Charleston on July 30.

Follow along throughout the journey to see the Seven Wonders of South Carolina.

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New South Carolina law could help electric customers save millions of dollars spent to restore power after unprecedented storm damage

GREENVILLE, S.C. – Newly enacted legislation, which passed the General Assembly with strong bipartisan support and was quickly signed into law by Gov. Henry McMaster, could save South Carolina electric customers millions of dollars in costs to restore service after recent historic as well as future weather events.The legislation – known as Senate Bill 1077 – gives the Public Service Commission of South Carolina the authority to approve securitization of storm costs if a proposed plan submitted by a utility would resu...

GREENVILLE, S.C. – Newly enacted legislation, which passed the General Assembly with strong bipartisan support and was quickly signed into law by Gov. Henry McMaster, could save South Carolina electric customers millions of dollars in costs to restore service after recent historic as well as future weather events.

The legislation – known as Senate Bill 1077 – gives the Public Service Commission of South Carolina the authority to approve securitization of storm costs if a proposed plan submitted by a utility would result in lower overall costs for customers.

“Ensuring reliability and rapid recovery following natural disasters for families across our state in the most cost-effective manner is a critical priority,” said Senate President Thomas Alexander, a lead sponsor of the legislation. “We are grateful for the broad collaboration that made this possible to protect our families and ratepayers.”

In recent years, South Carolina households and businesses have endured a number of record-breaking storms, floods and associated severe weather-related outages. Within a four-month span in 2018 alone, the Palmetto State endured three massive storms that destroyed homes and businesses. Significant devastation resulted in hundreds of millions in costs incurred by utility companies in the state, including Duke Energy. These unprecedented costs include completely rebuilding the power grid in some locations.

Under a securitization plan, bonds are issued in the financial markets at lower interest rates and the proceeds are used to pay for the extraordinary storm-related expenses incurred. These expenses can include everything from planning and staging for the storms, the work of line technicians, damage assessors and contractors to the reconstruction, replacement and repair of electric generation, transmission or distribution equipment and facilities.

Coastal states such as Texas, Louisiana, Florida and most recently North Carolina, have all enacted similar legislation for the benefit of utility customers. This financing tool can substantially lower costs for customers compared with traditional storm recovery methods.

“Duke Energy and other organizations supported this legislation – a prudent, proactive, cost-effective response to significant storm costs,” said Mike Callahan, Duke Energy’s South Carolina state president. “I want to both thank and congratulate all involved in this effort to deliver true savings to our most important stakeholder of all – our South Carolina customers.”

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. 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 executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune’s 2022 “World’s Most Admired Companies” list and Forbes’ “America’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 illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media contact: Ryan Mosier 800.559.3853

Disclaimer:

This website publishes news articles that contain copyrighted material whose use has not been specifically authorized by the copyright owner. The non-commercial use of these news articles for the purposes of local news reporting constitutes "Fair Use" of the copyrighted materials as provided for in Section 107 of the US Copyright Law.