Duke Energy Progress: Rates, Coverage Area, Emissions

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 1,735,927 electricity customers. There are 3,250 industrial customer accounts, 250,298 commercial customers and 1,482,379 residential customer accounts. Patrons of Duke Energy Progress are charged an average residential electricity price of 15.15 cents per kilowatt hour, which is 3.89% lower than the average US rate of 15.76 cents. In 2022 the company sold 35.53% of their megawatt hours sold through wholesale channels to other providers. Power facilities owned by the company produced 60,804,442 megawatt hours and an additional 11,224,217 megawatt hours were purchased by way of wholesale channels. In 2022, the company had revenue of $4,520,168,200 from retail electricity sales to end users and $1,946,337,000from wholesale customers. Their revenue from all electricity related activities was $6,667,955,300.

Consumers of the company pay an average monthly residential electricity bill of $155.65. This is 13.34% more than the national average of $137.33. Of the 3529 suppliers in the country, Duke Energy Progress has the 11th highest total electricity generation from nuclear power facilities. With 59,842,423.64 megawatt hours generated from non-renewable fuel sources, the provider is the 18th largest generator of megawatt hours from non-renewable fuels in the country out of 3529 companies. Electricity generation from renewable fuels by the company totals 1,099,753 megawatt hours, which ranks the provider 94th out of the 3529 we track in the US.

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 2.06% of the electricity that they transmit. The national energy loss average is 2.87%, giving Duke Energy Progress a rank of 204th best out of 3529 suppliers reporting energy loss in the United States.

Duke Energy Progress Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.181/kWh$0.097/kWh$195.90/mo.$83.49/mo.
2074th15.15¢Duke Energy Progress' Average residential price per kWh
2326th$155.65Average monthly electricity bill for Duke Energy Progress' residential customers

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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

Duke Energy Progress Service

Quick Facts About Duke Energy Progress

Duke Energy Progress deals with an average of 1.26 power outages per customer each year. These outages last for an average of 133.42 minutes. Compare this to the US averages of other companies at 1.45 outages per consumer and 171.11 minutes an outage.

Duke Energy Progress produces 23,201,967.47 megawatt hours from the use of natural gas and ranks 25th in the nation out of 3529 suppliers for total natural gas production.

Duke Energy Progress is 45th out of 3529 electric companies in the nation for total megawatt hours generated from hydroelectric power.

Based on total customers, Duke Energy Progress is the 36th largest provider out of 3529 in the United States.

Duke Energy Progress is ranked 20th in the United States for total electricity generation, generating 60,942,128.64 megawatt hours.

Duke Energy Progress ranks 50th out of 3529 electricity companies in the country in megawatt hours generated from coal 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.

-2.06%

Total Energy Loss

1,483,234MWh

204 National Rank

Grid Reliability

Length & Frequency of Duke Energy Progress' Power Outages

133.42 min.

vs. national average of 171.11 min.

1.26 outages/yr

vs. national average of 1.45

Duke Energy Progress Energy Makeup

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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 Carolina1,559,3194,552,850,202389.16%
South Carolina176,608646,645,362510.84%

Duke Energy Progress County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Alamance County176,353413.67$137.69/mo
Anson County22,388215.53$172.50/mo
Avery County17,747414.46$135.56/mo
Beaufort County44,898518.39$170.22/mo
Berkeley County245,117414.48$164.14/mo
Bladen County30,105415.15$179.12/mo
Brunswick County153,064314.21$142.70/mo
Buncombe County273,589315.30$149.47/mo
Carteret County69,380214.12$142.59/mo
Caswell County22,785314.78$157.85/mo

Power Plants Owned by Duke Energy Progress

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Brunswick County NC Nuclear 15,843,736
Sherwood H Smith Jr Energy ComplexDuke Energy Progress (100.00%)
Richmond County NC Natural Gas 8,643,486.023,558,436,388.84411.69Yes
Wake County NC Nuclear 7,691,237
Darlington County SC Nuclear 6,794,182
Lee Combined Cycle PlantDuke Energy Progress (100.00%)
Wayne County NC Natural Gas 6,479,9332,527,384,783.38390.03
Person County NC Coal 6,368,539.016,382,576,711.131,002.2Yes
Buncombe County NC Natural Gas 4,000,5441,451,108,671.9362.73Yes
L V Sutton Combined CycleDuke Energy Progress (100.00%)
New Hanover County NC Natural Gas 3,996,8441,525,875,282.82381.77
Person County NC Coal 1,362,9981,264,681,528.08927.87Yes
Conetoe II Solar, LLCDuke Energy Progress (100.00%)
Edgecombe County NC Solar 145,736

Duke Energy Progress Fuel Makeup

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
47.38%
NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
38.07%
COAL
Coal
Coal
12.62%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
0.95%
SOLAR
Solar
0.85%
OTHER
Other
0.12%

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 $155.65. The national average is $137.33 for bundled service.

How many states does Duke Energy Progress sell electricity in?

Duke Energy Progress sells electricity in 2 states throughout the nation.

What is the phone number for Duke Energy Progress?

The Duke Energy Progress phone number is (800) 521-2232.

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

Duke Energy Progress generates 1.80% of their electricity from renewable fuel sources.

Who is the CEO of Duke Energy Progress?

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

When will Duke Energy Progress power be restored?

Average outage times for Duke Energy Progress are approximately 133.41500000000002 minutes per outage.

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

Customers of Duke Energy Progress, on average, have an electricity BUNDLED rate 15.15 cents per kilowatt hour (¢/kWh).

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

Duke Energy Progress is associated with or owns 23 power plants.

What cities does Duke Energy Progress provider electricity to?

Duke Energy Progress has customers in 277 cities throughout the United States.

What company is Duke Energy Progress owned by?

Duke Energy Progress is a subsidiary of Duke Energy.

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

Electric generation facilities owned by or associated with Duke Energy Progress produce 98.20% of their electricity from nonrenewable fuels.

How many counties does Duke Energy Progress have customers in in?

Duke Energy Progress supplies electricity in 69 counties throughout the nation.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-08-26