About Duke Energy Corporation
Duke Energy Corporation, through its subsidiaries, operates as a leading energy company in the United States. Headquartered in Charlotte, North Carolina, the company has been powering communities since its founding in 1904.
Business Segments
Duke Energy operates through two primary segments:
- Electric Utilities and Infrastructure (EU&I): Generates, transmits, distributes, and sells electricity to approximately 8.6 million customers across the Southeast and Midwest regions. The segment utilizes diverse energy sources, including coal, hydroelectric, natural gas, oil, renewables, and nuclear fuel. It also engages in wholesale electricity sales to municipalities, cooperatives, and other entities.
- Gas Utilities and Infrastructure (GU&I): Distributes natural gas to around 1.7 million residential, commercial, industrial, and power generation customers. The segment also invests in pipeline transmission, renewable natural gas projects, and storage facilities.
Company Background
Originally named Duke Energy Holding Corp., the company rebranded as Duke Energy Corporation in April 2006. With over a century of experience, Duke Energy remains a key player in the U.S. energy sector.