Duke Energy

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Headquarters: 526 South Church St. Charlotte, NC 28202 Employees: 18,250 CEO: James Rogers Stock Symbol: DUK Website: http://www.duke-energy.com Career Site 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. 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 $12.7 billion in 2009 and net income of $1.08 billion. “Our performance in 2009 was very solid. Despite year-over-year declines in retail sales volumes, we exceeded our employee incentive target by controlling our costs and managing our operations exceptionally well,” said James Rogers, chairman, president and chief executive officer. “Although the economy has been challenging, the second half of 2009 showed signs of stabilization.” History 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. Benefits The following benefits are offered, which may vary by unit and location: Medical Plan Choose from at least three options for the coverage you need. All plans include prescription drug coverage. Dental Plan Coverage includes preventive, basic and major restorative care, as well as orthodontia. Spending Accounts Before-tax dollars help cover eligible health care expenses and dependent care expenses. Retirement Cash Balance Plan Paid for by the company, this plan provides a steady build-up of retirement benefits for eligible participants. Retirement Savings Plan Save and invest a percentage of your eligible pay on a before- and/or after-tax basis. You can invest the savings in a variety of investment options. The company matches a percentage of your eligible pay saved on a before-tax basis. Long-Term Care (LTC) Insurance You may purchase LTC insurance coverage for yourself and your spouse; your parents and your in-laws may also apply for coverage. Life and Accident Insurance Protect yourself and your covered dependents from financial hardship in the event of your accidental death or injury. Long Term Disability Insurance All or a portion of your pay continues during long-term illnesses and/or disabilities. Other Benefits - Sick Leave - Paid holidays and vacation - Authorized leaves of absence (family, medical, personal, military, funeral and jury duty) - Education programs - Recognition and rewards Updated February 13, 2010