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Overview
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.
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