Duke Energy

Duke Energy Corporation
Public
Traded as
IndustryEnergy
Founded1904
Founders
HeadquartersCharlotte, North Carolina, U.S.
Area served
Duke Energy Ohio: Ohio, Kentucky
Duke Energy Indiana: Indiana
Duke Energy Carolinas: North Carolina, South Carolina
Duke Energy Progress: North Carolina, South Carolina
Duke Energy Florida: Florida
Duke Energy Puerto Rico : Puerto Rico
Piedmont Natural Gas : North Carolina, South Carolina, Tennessee
Key people
ProductsElectricity generation, transmission and distribution, natural gas
RevenueIncrease US$ 22.74 billion (2016)[1]
Increase US$ 5.34 billion (2016)[1]
Decrease US$ 2.17 billion (2016)[1]
Total assetsIncrease US$ 132.76 billion (2016)[1]
Total equityIncrease US$ 41.04 billion (2016)[1]
Number of employees
28,798 (2016)[1]
Websitewww.duke-energy.com

Duke Energy Corporation headquartered in Charlotte, North Carolina, is an electric power holding company in the United States, with assets also in Canada and Latin America.

Overview

Based in Charlotte, North Carolina, Duke Energy owns 58,200 megawatts of base-load and peak generation in the United States, which it distributes to its 7.2 million customers. The company has approximately 29,000 employees.[2] Duke Energy's service territory covers 104,000 square miles (270,000 km2) with 250,200 miles (402,700 km) of distribution lines.[3] In addition, Duke Energy has more than 4,300 megawatts of electric generation in Latin America.[4] It operates eight hydroelectric power plants in Brazil with an installed capacity of 2,307 megawatts.[5] Almost all of Duke Energy's Midwest generation comes from coal, natural gas, or oil, while half of its Carolinas generation comes from its nuclear power plants. During 2006, Duke Energy generated 148,798,332 megawatt-hours of electrical energy.

Duke Energy Renewable Services (DERS), a subsidiary of Duke Energy, specializes in the development, ownership, and operation of various generation facilities throughout the United States. This segment of the company operates 1,700 megawatts of generation. 240 megawatts of wind generation were under construction and 1,500 additional megawatts of wind generation were in planning stages.[6] On September 9, 2008, DERS updated its projections for future wind power capacity. By the end of 2008, it would have over 500 MW of nameplate capacity of wind power online, and an additional 5,000 MW in development.[7]

Subsidiaries

  • Duke Energy Carolinas
  • Duke Energy Ohio (formerly Cincinnati Gas & Electric Company, via Cinergy)
  • Duke Energy Kentucky (formerly Union Light, Heat & Power, via Cinergy)
  • Duke Energy Indiana
  • Duke Energy Florida (formerly Florida Power Company, via Progress Energy)
  • Duke Energy Progress (formerly Carolina Power and Light, via Progress Energy)
  • Duke Energy Renewables
  • Duke Energy Retail
  • Duke Energy International
Other Languages
čeština: Duke Energy
Deutsch: Duke Energy
فارسی: دوک انرژی
français: Duke Energy
Bahasa Indonesia: Duke Energy
português: Duke Energy
svenska: Duke Energy