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Duke Energy
Duke Energy

Energy / Utilities and Energy Services

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Company Overview

General information about the Duke Energy company
Duke Energy is an American electric power holding company headquartered in Charlotte, North Carolina. It was founded in 1904 as the Catawba Power Company, and has over 7 million retail electric customers and 500,000 gas customers. Duke Energy operates in six states in the Southeast and Midwest regions of the United States: North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky.
The company's primary business is generating, transmitting, and distributing electricity, but it also has natural gas distribution operations. Duke Energy's electric utility operations include both regulated and non-regulated businesses, with the regulated utility making up the majority of its business. The company also owns several wind and solar energy projects, making it one of the largest renewable energy generators in the US.
Duke Energy is committed to sustainability and has set goals to reduce its carbon footprint and increase its use of renewable energy sources. It also has a strong focus on community involvement and partners with organizations to improve education, economic development, and the environment.
In addition, Duke Energy has faced some controversy in recent years, including lawsuits related to coal ash pollution and a massive coal ash spill in North Carolina in 2014. The company has taken steps to address these issues and improve its environmental practices.
Overall, Duke Energy is a significant player in the energy industry, providing reliable electricity and natural gas services to millions of customers while working towards a more sustainable future.
What is special about the Duke Energy company?
1. History and Legacy: Duke Energy has a long and rich history dating back to the early 20th century. The company has evolved from a small regional utility company to become one of the largest electric power holding companies in the United States.
2. Size and Scope: Duke Energy is one of the largest energy companies in the United States, with operations in six states and over 7 million customers. The company also has a significant presence in Latin America.
3. Diversified Energy Portfolio: Duke Energy has a diversified portfolio that includes electric and gas utilities, renewable energy, and other energy services. This allows the company to meet the energy needs of its customers while also being a leader in the transition to a cleaner energy future.
4. Commitment to Sustainability: Duke Energy has set a goal to achieve net-zero carbon emissions by 2050 and has committed to a long-term plan to reduce its environmental impact. The company has also invested in renewable energy projects and is a leader in the development of clean energy solutions.
5. Community Involvement: Duke Energy is committed to giving back to the communities it serves. The company supports various educational, environmental, and social initiatives, and its employees actively volunteer in their local communities.
6. Innovation and Technology: Duke Energy is at the forefront of innovation and technology in the energy industry. The company is investing in new technologies such as smart grid systems, energy storage, and electric vehicle charging infrastructure to improve its operations and better serve its customers.
7. Strong Financial Performance: Duke Energy has a proven track record of strong financial performance, providing reliable and affordable energy to its customers while delivering value to its shareholders.
8. Employee Safety and Diversity: Duke Energy has a strong focus on the safety and well-being of its employees and has established a culture of diversity and inclusion. The company has received numerous awards for its commitment to workplace safety and diversity.
9. Commitment to Customers: Duke Energy is dedicated to providing reliable and affordable energy to its customers while also being responsive to their needs. The company has implemented various programs and services to help customers better manage their energy usage and bills.
10. Strong Corporate Governance: Duke Energy follows best practices in corporate governance, with a focus on transparency, ethical behavior, and responsible decision-making. The company has a strong and independent board of directors and a comprehensive code of conduct to guide its operations.

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