Duke Energy
Duke Energy is a major electric power holding company based in the United States, providing electric and natural gas services across multiple states, including the Carolinas, Indiana, Florida, Ohio, and Kentucky. It serves approximately 8.2 million electric customers and over 1.6 million natural gas customers, demonstrating a significant presence in the energy sector. The company operates through two primary segments: Electric Utilities and Infrastructure, and Gas Utilities and Infrastructure. It generates electricity from a diverse mix of sources, including coal, nuclear, hydroelectric, solar, and natural gas. Furthermore, Duke Energy is committed to sustainability and includes a range of renewable energy assets in its portfolio. Founded in 1837 and originally known as Cincinnati Gas & Electric Company, Duke Energy is headquartered in Charlotte, North Carolina, and continues to play a vital role in powering communities while focusing on reliable and clean energy solutions.
Piedmont Natural Gas Company, Inc., a public utility company, distributes natural gas. It is also involved in the natural gas and fuel oil supply, transportation, and storage activities. The company distributes natural gas through transmission pipelines and distribution mains. It serves approximately one million residential, commercial, industrial, power generation, and municipal customers located in North Carolina, South Carolina, and Tennessee. The company was incorporated in 1950 and is based in Charlotte, North Carolina. Piedmont Natural Gas Company, Inc. is a subsidiary of Duke Energy Corporation.
Progress Energy, Inc. is a utility holding company focused on the generation, transmission, distribution, and sale of electricity, primarily serving regions in North Carolina, South Carolina, and Florida. The company operates with a regulated electric generation capacity of approximately 22,000 megawatts and caters to around 3.1 million retail electric customers, along with various load-serving entities. Its operations are divided into two main segments: Carolina Power & Light Company, which serves parts of North and South Carolina, and Florida Power Corporation. Through these segments, Progress Energy plays a critical role in providing reliable electric service to a substantial customer base in the southeastern United States.
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