Duke Energy

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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 1203 cities within these states. There are a total of 7,616,034 customers receiving service from the provider. These customers are made up of 14,483 industrial accounts, one transportation customer, 1,010,878 commercialproperties and 6,590,672 residential properties. Duke Energy's customers are billed an average residential electricity price of 12.13 cents per kilowatt hour. This is 11.54% below the US average rate of 13.71 cents, resulting in the company ranking 1532nd best for average electricity rate out of 2923 providers in the nation. In 2020 the company had sales to end users totaling 191,091,733.96 megawatt hours and wholesale sales to other companies of 191,091,733.96 megawatt hours. During the same timeframe, Duke Energy generated 201,739,423.12 megawatt hours and acquired 41,896,430.35 megawatt hours by way of the wholesale market. In 2020, the provider earned 84.16% of their revenue from retail electricity sales and 9.68% via sales to wholesale customers. Their revenue from electricity activities was $21,568,619,700.

The US average monthly residential electric bill is $121.23, while the Duke Energy average is 4.27% higher at $126.41 per month. Duke Energy ranks 2062nd in the nation for average monthly bill amount. The supplier is 12th in the nation for megawatt hours produced from solar energy. By megawatt hours generated, Duke Energy is the 2nd largest provider out of 3509 in the country. The company produces a total of 50,295,748.76 megawatt hours from coal usage. This makes them the 4th highest producer out of 3509 electricity providers in the country

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 4.59% of the electricity that they generate. This percentage of loss results in them receiving a rank of 794th best out of 3509 companies who report energy loss in the US.

Duke Energy Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.129/kWh$0.104/kWh$160.79/mo.$85.99/mo.
1532nd12.13¢Duke Energy's Average residential price per kWh
2062nd$126.41Average monthly electricity bill for Duke Energy's residential customers

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Quick Facts About Duke Energy

Duke Energy is ranked 14th in the US out of 3509 companies that we track for the total percentage of electricity output coming from sustainable sources.

Duke Energy is 371st out of the 3509 companies in the United States when considering the percentage of their fuel usage that comes from sustainable fuels.

Duke Energy generates 2,089,899 megawatt hours of electricity from the use of hydroelectric power, making Duke Energy 20th in the nation out of 3509 electricity suppliers.

Duke Energy generates 32.92% of their total megawatt hour production from nuclear power, for a total of 73,135,377.49 megawatt hours generated from nuclear.

The company is ranked 2nd in the United States for electricity generation, producing 222,189,897.77 megawatt hours.

Duke Energy produces 86,127,259.68 megawatt hours using natural gas and ranks 7th in the nation out of 3509 companies for this category.

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.

-4.59%

Total Energy Loss

11,581,681MWh

794 National Rank

Duke Energy Energy Makeup

Duke Energy Coverage Map

Coverage Map Placeholder

Duke Energy State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Florida1,897,0784,834,244,888330.1%
Indiana863,6762,856,817,517112.28%
Kentucky146,959392,305,32471.7%
North Carolina3,613,9908,395,458,925142.43%
Ohio282,324430,628,97253.38%
South Carolina812,4872,243,677,255210.11%

Duke Energy County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Abbeville County24,295512.33$119.91/mo
Alachua County278,468611.85$135.59/mo
Alamance County171,415411.05$115.39/mo
Alexander County36,444210.86$120.16/mo
Alleghany County10,888212.83$113.89/mo
Anderson County203,718311.94$125.77/mo
Anson County22,055212.49$137.19/mo
Avery County17,806311.08$105.43/mo
Bartholomew County82,208213.73$154.14/mo
Bay County175,216313.85$144.68/mo

Power Plants Owned by Duke Energy

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Oconee County SC Nuclear 21,697,301
Mecklenburg County NC Nuclear 19,630,681
York County SC Nuclear 18,777,333
Citrus County FL Natural Gas 16,508,1669,101,267,798.9551.32
Brunswick County NC Nuclear 15,153,771
Hines Energy ComplexDuke Energy Florida (100.00%)
Polk County FL Natural Gas 11,816,2154,554,603,226.04385.45
Stokes County NC Coal 8,859,710.016,577,759,204.98742.44
Gibson County IN Coal 8,849,879.079,205,757,551.961,040.21
Sherwood H Smith Jr Energy ComplexDuke Energy Progress (100.00%)
Richmond County NC Natural Gas 8,734,509.033,643,007,261.84417.08
Wake County NC Nuclear 7,992,167

Duke Energy Fuel Makeup

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
38.76%
NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
32.92%
COAL
Coal
Coal
Coal
22.64%
WIND
Wind
3.20%
SOLAR
Solar
1.39%
OTHER
Other
1.10%

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 $126.41, compared to the US of $121.23 for bundled service.

What cities does Duke Energy supply electricity to?

Duke Energy has customers in 1203 cities.

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

Duke Energy is associated with or owns 146 power plants.

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

Power generation plants owned by or associated with Duke Energy produce 5.52% of their electricity using renewable fuels.

Who is the CEO of Duke Energy?

Lynn Good is the current CEO of Duke Energy.

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

Power facilities owned by or associated with Duke Energy produce 94.48% of their electricity using nonrenewable fuels.

Does Duke Energy have any subsidiary companies?

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

What is the phone number for Duke Energy?

Duke Energy's customer service phone number is (800) 777-9898

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

Customers of Duke Energy, on average, have an electricity BUNDLED rate 12.13 cents per kilowatt hour (¢/kWh).

How many counties does Duke Energy have customers in in?

There are 229 counties that receive at least some electricity coverage by Duke Energy including Florida, Ohio, North Carolina, Indiana, and South Carolina.

How many states does Duke Energy sell electricity in?

There are 6 states that receive at least some electricity coverage by Duke Energy.

Last Reviewed By: King Manalo
Published: 2022-03-13