Duke Energy Progress

Electricity Rates, Plans & Statistics

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About Duke Energy Progress

Duke Energy Progress supplies electricity to 2 states in the nation. The company has 1,661,905 electricity customers. There are 3,228 industrial customer accounts, 246,711 commercial customers and 1,411,966 residential customer accounts. Patrons of Duke Energy Progress are charged an average residential electricity price of 12.03 cents per kilowatt hour, which is 14.73% lower than the average US rate of 14.11 cents. In 2020 the company sold 34.13% of their megawatt hours sold through wholesale channels to other providers. Power facilities owned by the company produced 58,062,175 megawatt hours and an additional 9,256,750 megawatt hours were purchased by way of wholesale channels. In 2020, the company had revenue of $4,014,949,700 from retail electricity sales to end users and $1,148,287,900from wholesale customers. Their revenue from all electricity related activities was $5,304,083,000.

Consumers of the company pay an average monthly residential electricity bill of $133.45. This is 5.95% more than the national average of $125.95. Production from nuclear power facilities totaled 29,081,603.36 megawatt hours for the provider, which is the 10th most in the United States out of 3509 companies. Duke Energy Progress produces 59,975,348.39 megawatt hours from their electricity facilities, ranking them as the 22nd highest producer of electricity out of 3509 suppliers in the nation. The supplier ranks 24th highest in the US out of 3509 providers for megawatt hours produced from the burning of natural gas.

Duke Energy Progress Net Metering

Net metering is available to consumers of Duke Energy Progress. This makes it cheaper for residents in the area to install solar and other electricity options as they have the ability to sell excess wattage into the grid.

Energy Loss

Loss of energy from heat dissipation during electricity transmission and other causes is a reality of being in the electricity production business. Companies are required to report these losses to government agencies who track electricity grid efficiencies. Duke Energy Progress recently reported an annual loss of roughly 3.00% of the electricity that they transmit. The national energy loss average is 2.76%, giving Duke Energy Progress a rank of 366th best out of 3509 suppliers reporting energy loss in the United States.

Duke Energy Progress Rate & Electric Bills

Duke Energy Progress residential electric rates are highest in January and the highest average bill is in January.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.129/kWh$0.097/kWh$169.55/mo.$83.49/mo.
1457th12.03¢Duke Energy Progress' Average residential price per kWh
2239th$133.45Average monthly electricity bill for Duke Energy Progress' residential customers

Duke Energy Progress Overview

  • Company Type:Investor Owned
  • Parent Company:Duke Energy
  • Headquarters:1451 Military Cutoff Road
    Wilmington, North Carolina 28403
    United States of America
  • CEO:Lynn J. Good

Duke Energy Progress Contact

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Quick Facts About Duke Energy Progress

Based on megawatt hours produced, Duke Energy Progress is the 22nd largest supplier out of 3509 in the United States.

Duke Energy Progress is 402nd out of the 3509 providers in the United States when considering the percentage of their fuel usage that comes from renewable fuels.

Duke Energy Progress ranks 37th in the US out of 3509 providers for total megawatt hours generated from solar energy sources.

Duke Energy Progress produces 58,724,348.39 megawatt hours from non-renewable fuels, which is 20th in the nation out of 3509 companies.

Duke Energy Progress ranks 66th out of 3509 electricity companies in the country in megawatt hours generated from coal usage.

Duke Energy Progress ranks 44th out of 3509 electricity companies in the country in megawatt hours generated from hydroelectric power usage.

Energy provider of the year for North Carolina, Major Provider Category
Top 3 Largest Producer of Renewable Electricity
North Carolina, Major Provider Category
Claim Award
Energy provider of the year for North Carolina, Major Provider Category
Top 3 Largest Producer of Renewable Electricity
North Carolina, Major Provider Category
Claim Award
Energy provider of the year for North Carolina, Major Provider Category
Top 3 Largest Producer of Renewable Electricity
North Carolina, Major Provider Category
Claim Award

Energy Loss

Duke Energy Progress' energy loss due to business operations.

-3.00%

Total Energy Loss

2,019,907MWh

366 National Rank

Duke Energy Progress Energy Makeup

Duke Energy Progress Coverage Map

Coverage Map Placeholder

Duke Energy Progress State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
North Carolina1,488,4663,754,857,614388.87%
South Carolina173,650575,297,441511.13%

Duke Energy Progress County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Alamance County171,415411.03$116.59/mo
Anson County22,055212.58$138.73/mo
Avery County17,806311.11$105.93/mo
Beaufort County44,652513.96$137.74/mo
Bladen County29,606412.49$143.81/mo
Brunswick County136,693312.79$136.00/mo
Buncombe County269,452312.12$127.77/mo
Carteret County67,686211.81$125.11/mo
Caswell County22,736312.16$134.43/mo
Chatham County76,285412.51$141.48/mo

Power Plants Owned by Duke Energy Progress

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Brunswick County NC Nuclear 15,388,474
Sherwood H Smith Jr Energy ComplexDuke Energy Progress (100.00%)
Richmond County NC Natural Gas 9,336,138.033,947,005,793.36422.77
Wake County NC Nuclear 8,583,824
Darlington County SC Nuclear 6,519,659
Lee Combined Cycle PlantDuke Energy Progress (100.00%)
Wayne County NC Natural Gas 5,834,645.012,364,529,159.98405.26
Person County NC Coal 5,557,2855,597,863,494.31,007.3
L V Sutton Combined CycleDuke Energy Progress (100.00%)
New Hanover County NC Natural Gas 3,888,9161,488,780,371.59382.83
Buncombe County NC Natural Gas 3,887,7241,491,388,733.15383.61
Person County NC Coal 961,6681,098,333,143.561,142.11
Haywood County NC Conventional Hydroelectric 383,474

Duke Energy Progress Fuel Makeup

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
48.49%
NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
38.45%
COAL
Coal
Coal
10.81%
SOLAR
Solar
1.08%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
1.00%
OTHER
Other
0.17%

Cities Duke Energy Progress Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Duke Energy Progress Reviews

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Duke Energy Progress FAQ:

What is the average bundled bill for Duke Energy Progress customers each month?

Currently, the average monthly bundled electric bill for customers of Duke Energy Progress is $133.45. The national average is $125.95 for bundled service.

How many states does Duke Energy Progress provider electricity to?

There are 2 states that receive at least some electricity coverage by Duke Energy Progress.

What company is Duke Energy Progress owned by?

Duke Energy is the owner of Duke Energy Progress.

What percentage of Duke Energy Progress' electricity is produced from nonrenewable fuel sources?

Duke Energy Progress produces 97.91% of their electricity from nonrenewable fuel types.

What percentage of Duke Energy Progress' electricity is generated using renewable fuel sources?

Duke Energy Progress generates 2.09% of their electricity from renewable fuel sources.

Who is the CEO of Duke Energy Progress?

Lynn J. Good is the current CEO of Duke Energy Progress.

What is the average BUNDLED electricity rate for Duke Energy Progress customers?

Consumers of Duke Energy Progress, on average, have an electricity BUNDLED rate 12.03 cents per kilowatt hour (¢/kWh).

What is the phone number for Duke Energy Progress?

You can reach Duke Energy Progress by phone via (800) 521-2232.

What cities does Duke Energy Progress provider electricity to?

Duke Energy Progress provides electricity in 325 cities.

How many power plants are owned by or associated with Duke Energy Progress?

There are 26 power plants owned by or associated with Duke Energy Progress.

How many counties does Duke Energy Progress offer service in?

Duke Energy Progress sells electricity to customers in 68 counties.

Last Reviewed By: Alex Zdanov
Published: 2022-09-20