Duke Energy: Rates, Coverage Area, Emissions

Duke Energy

Electricity Rates, Plans & Statistics

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About Duke Energy

Duke Energy has their head offices in Charlotte, North Carolina and provides electricity in 6 states within the nation In addition, this service area includes 1091 cities within these states. There are a total of 7,961,259 customers receiving service from the provider. These customers are made up of 14,359 industrial accounts, one transportation customer, 1,022,649 commercialproperties and 6,924,250 residential properties. Duke Energy's customers are billed an average residential electricity price of 14.84 cents per kilowatt hour. This is 5.83% below the US average rate of 15.76 cents, resulting in the company ranking 1975th best for average electricity rate out of 2892 providers in the nation. In 2022 the company had sales to end users totaling 203,993,050.57 megawatt hours and wholesale sales to other companies of 203,993,050.57 megawatt hours. During the same timeframe, Duke Energy generated 209,549,525.77 megawatt hours and acquired 52,826,497.81 megawatt hours by way of the wholesale market. In 2022, the provider earned 80.18% of their revenue from retail electricity sales and 13.90% via sales to wholesale customers. Their revenue from electricity activities was $26,507,659,750.

The US average monthly residential electric bill is $135.34, while the Duke Energy average is 7.21% higher at $145.1 per month. Duke Energy ranks 2143rd in the nation for average monthly bill amount. Solar fields associated with the provider produce 4,163,435 megawatt hours, which is 1.90% of their total production. Customers of the company deal with 1.06 power outages a year with outages lasting an average of 129.51 minutes. The provider ranks 25th out of 3526 suppliers in the nation for total megawatt hours generated from wind turbines, with 4,359,100.5 megawatt hours produced.

Duke Energy Net Metering

Luckily, Duke Energy allows their customers to participate in net metering. Without net metering, solar panel purchased are significantly less economically realistic, as consumers have no way to sell extra electricity back into the infrastructure system.

Energy Loss

Duke Energy currently has a loss of around 3.99% of the electricity that they generate. This percentage of loss results in them receiving a rank of 618th best out of 3526 companies who report energy loss in the US.

Duke Energy Rate & Electric Bills

Duke Energy residential electric rates are highest in February and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.159/kWh$0.104/kWh$178.16/mo.$85.99/mo.
1975th14.84¢Duke Energy's Average residential price per kWh
2143rd$145.1Average monthly electricity bill for Duke Energy's residential customers

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Duke Energy Overview

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Quick Facts About Duke Energy

Duke Energy produces 10,374,014.5 megawatt hours (or 4.72% of their total production) from the use of renewable fuel sources in their production facilities.

Duke Energy generates 33.99% of their total megawatt hour production from nuclear power, which is 74,679,505.28 megawatt hours generated from nuclear.

By customer count, Duke Energy is the largest supplier out of 3526 in the US.

Duke Energy generates 95.28% of their total electricity generation from non-renewable fuel types. The total electricity generated from non-renewable sources is 209,332,010.39 megawatt hours, which is highest out of 3526 companies in the US.

Duke Energy is 24th in the US out of 3526 electric providers for total megawatt hours generated from hydroelectric power.

Roughly 21.34% of Duke Energy's total electricity comes from the use of coal.

Energy provider of the year for Oklahoma, Major Provider Category
Highest Ratio of Renewable Electricity
Oklahoma, Major Provider Category
Claim Award
Energy provider of the year for New Mexico, Major Provider Category
Highest Ratio of Renewable Electricity
New Mexico, Major Provider Category
Claim Award
Energy provider of the year for Wyoming, Major Provider Category
Top 3 Largest Producer of Renewable Electricity
Wyoming, Major Provider Category
Claim Award

Energy Loss

Duke Energy's energy loss due to business operations.

-3.99%

Total Energy Loss

10,874,836MWh

618 National Rank

Grid Reliability

Length & Frequency of Duke Energy's Power Outages

129.51 min.

vs. national average of 171.11 min.

1.06 outages/yr

vs. national average of 1.45

Duke Energy Energy Makeup

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Duke Energy Coverage Map

Coverage Map Placeholder

Duke Energy State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida1,982,4996,275,828,065331.8%
Indiana899,0902,692,756,18819.51%
Kentucky152,192444,603,84361.53%
North Carolina3,755,03710,294,964,564143.08%
Ohio331,634696,769,67944.19%
South Carolina840,8082,710,388,50119.88%

Duke Energy County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Abbeville County24,374513.23$128.33/mo
Alachua County284,030615.87$171.71/mo
Alamance County176,353413.32$130.95/mo
Alexander County36,491312.88$136.40/mo
Anderson County209,581313.67$139.43/mo
Anson County22,388215.25$160.90/mo
Avery County17,747414.38$131.07/mo
Bartholomew County83,540213.82$147.14/mo
Bay County185,134217.03$178.64/mo
Beaufort County44,898517.47$160.94/mo

Power Plants Owned by Duke Energy

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Oconee County SC Nuclear 22,306,364
Mecklenburg County NC Nuclear 19,538,666
York County SC Nuclear 18,787,407
Citrus County FL Natural Gas 16,127,567.998,289,342,563.95513.99
Brunswick County NC Nuclear 15,851,070
Hines Energy ComplexDuke Energy Florida (100.00%)
Polk County FL Natural Gas 10,929,2894,269,659,299.78390.66
Gibson County IN Coal 8,790,7489,392,533,593.51,068.46
Sherwood H Smith Jr Energy ComplexDuke Energy Progress (100.00%)
Richmond County NC Natural Gas 8,399,119.023,466,069,823.45412.67
Wake County NC Nuclear 8,062,578
Stokes County NC Natural Gas 7,818,683.015,416,946,240.88692.82

Duke Energy Fuel Makeup

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
39.85%
NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
33.99%
COAL
Coal
Coal
Coal
21.34%
WIND
Wind
1.98%
SOLAR
Solar
1.90%
OTHER
Other
0.95%

Cities Duke Energy Has Coverage

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

Duke Energy Reviews

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Duke Energy FAQ:

How much is the average bundled bill for Duke Energy customers each month?

Duke Energy currently has an average monthly bundled electric bill of $145.10, compared to the US of $135.34 for bundled service.

How many counties does Duke Energy supply electricity to?

Duke Energy supplies electricity to customers in 226 counties.

What percentage of Duke Energy's electricity is generated using nonrenewable fuels?

Power plants owned by or associated with Duke Energy generate 95.28% of their electricity from nonrenewable fuel types.

What percentage of Duke Energy's electricity is generated from renewable fuels?

Duke Energy produces 4.72% of their electricity using renewable fuels.

When will Duke Energy power be restored?

The average number of minutes for an outage for Duke Energy's consumers is 129.5108333333333 minutes.

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

Duke Energy's current average BUNDLED electricity rate is 14.84 cents per kilowatt hour (¢/kWh), compared to the average US BUNDLED rate of 15.76 cents.

Who is the CEO of Duke Energy?

The CEO of Duke Energy is Lynn Good.

Does Duke Energy have any subsidiary companies?

Duke Energy Indiana, Duke Energy Ohio, Duke Energy Progress, Duke Energy Carolinas, Duke Energy Kentucky, and Duke Energy Florida are owned by Duke Energy.

What cities does Duke Energy have customers in in?

Duke Energy has customers in 1091 cities.

What is the phone number for Duke Energy?

The Duke Energy phone number is (800) 777-9898.

How many states does Duke Energy provider electricity in?

Duke Energy offers service in 6 states.

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

There are 135 power plants associated with or owned by Duke Energy.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-07-14