Duke Energy Corporation is a U.S.-based electric power holding company headquartered in Charlotte, North Carolina. The company’s core business is the generation, transmission and distribution of electricity to residential, commercial and industrial customers. Duke Energy operates a mix of regulated electric utilities and non-regulated energy businesses, providing essential energy infrastructure and services across multiple states.
Its operating activities include owning and operating generation assets across a portfolio that encompasses nuclear, natural gas, coal, hydroelectric and an expanding array of renewable resources, as well as battery storage and grid modernization projects. Duke Energy maintains and upgrades transmission and distribution networks, offers retail electric service, and provides energy-related services for large commercial and industrial customers. The company also develops utility-scale renewable projects and participates in demand-response, energy efficiency and customer-facing programs, including support for electric vehicle charging infrastructure.
Duke Energy traces its roots to early 20th-century regional utilities and has grown through a series of mergers and acquisitions to become one of the largest U.S. utilities; notable transactions in its modern history include mergers that expanded its footprint and customer base. The company serves customers primarily in the Southeast and Midwest, with significant operations in states such as North Carolina, South Carolina, Florida, Ohio, Indiana and Kentucky. Duke Energy is governed by a board of directors and senior management who oversee utility operations, regulatory relationships and strategic investments in cleaner generation and grid resilience.