Duke Energy

Provides electricity and natural gas services

Charlotte, North Carolina, United States

About Duke Energy

Duke Energy provides electricity and natural gas services to residential, commercial, and industrial customers across the United States. The company generates, transmits, and distributes energy, charging customers based on their consumption, with rates regulated by government agencies to ensure fairness. Duke Energy is transitioning towards renewable energy sources like wind and solar, while still operating traditional coal and nuclear power plants, in response to the demand for cleaner energy. They utilize advanced technologies, such as drones, to improve operational efficiency and safety in managing their infrastructure. Additionally, Duke Energy offers programs to help customers manage their energy bills and is committed to promoting diversity and inclusion within its workforce and community engagement initiatives. The goal of Duke Energy is to deliver reliable and sustainable energy solutions while supporting the communities they serve.

Charlotte, North CarolinaHeadquarters
1904Year Founded
IPOCompany Stage
EnergyIndustries
10,001+Employees

Benefits

Hybrid Work Options
Relocation Assistance

Risks

Competition from hyperscale data centers may impact market share in the Southeast U.S.
Recovering $1.1 billion in hurricane costs could lead to financial strain or rate hikes.
Regulatory challenges in cost recovery for emergency responses pose financial risks.

Differentiation

Duke Energy integrates traditional and renewable energy sources for diverse energy solutions.
The company employs advanced technologies like drones for operational efficiency and safety.
Duke Energy's commitment to diversity and community engagement enhances its corporate image.

Upsides

Increased investment in battery storage enhances grid reliability and renewable integration.
AI and machine learning adoption offers cost savings and improved service reliability.
Customer-centric solutions like personalized energy apps boost engagement and satisfaction.

Funding

Total raised$3.4 K
StageIPO
POST IPO CONVERTIBLE
3/31/2023
$1.5 K
POST IPO EQUITY
11/30/2022
$1.0 K