Duke Power Company
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| Public | |
| Traded as | |
| Industry | Energy |
| Founded | 1904 |
| Founders |
James Buchanan Duke Benjamin Newton Duke |
| Headquarters | Charlotte, North Carolina, U.S. |
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Area served
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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 |
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Key people
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Lynn Good (Chairman, President and CEO) |
| Products | Electricity generation, transmission and distribution, natural gas |
| Revenue |  $ 23.459 billion (FY 2015) |
 $ 5.367 billion (FY 2015)
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$ 2.831 billion (FY 2015)
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| Total assets |
$ 120.976 billion (2015)
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| Total equity |
$ 41.41 billion (FY 2013)
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Number of employees
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29,188 (EOY, 2015) |
| Website | www |
Duke Energy, headquartered in Charlotte, North Carolina, is an electric power holding company in the United States, with assets also in Canada and Latin America.
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. Duke Energy's service territory covers 104,000 square miles (270,000 km2) with 250,200 miles (402,700 km) of distribution lines. In addition, Duke Energy has more than 4,300 megawatts of electric generation in Latin America. It operates eight hydroelectric power plants in Brazil with an installed capacity of 2,307 megawatts. 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. 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.
The company began in 1900 as the Catawba Power Company when Dr. Walker Gill Wylie and his brother financed the building of a hydroelectric power station at India Hook Shoals along the Catawba River near India Hook, South Carolina. In need of additional funding to further his ambitious plan for construction of a series of hydroelectric power plants, Wylie convinced James Buchanan Duke to invest in the Southern Power Company, founded in 1905.
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Wikipedia