Duke Energy is the third largest electric power holding company in the United States, based on kilowatt-hour sales. Its regulated utility operations serve approximately 4 million customers located in five states North Carolina, South Carolina, Indiana, Ohio and Kentucky -- representing a population of approximately 11 million people.
The company has 35,000 megawatts of electric generating capacity in the Carolinas and the Midwest, and natural gas distribution services in Ohio and Kentucky.
Duke Energy’s commercial power and international business segments operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.
Duke reported revenues of $14.2 billion in 2010, up from $12.7 billion, and net income of $1.32 billion.
“Weather grabbed the headlines in 2010, but the real story was the performance of our employees,” said James Rogers, chairman, president and chief executive officer. “We consistently delivered strong operational and financial results during the year.
Duke Energy's roots began in 1904 when the Catawba Hydro Station opened in South Carolina, harnessing the water power of the Catawba River to provide electricity to the area's emerging textile industry. This would become the first plant of Duke Power, which was founded by James Buchanan Duke, Dr. W. Gill Wylie and William States Lee.
The company merged with Cinergy in 2006 and spun off Spectra Energy as a separate company on January 2, 2007.
The following benefits are offered, which may vary by unit and location:
Updated July 9, 2011