All Brands Owned by Duke Energy

Who owns Duke Energy?
Duke Energy is a publicly traded company owned by its shareholders. It trades on the New York Stock Exchange under the ticker symbol DUK. The company is not controlled by a single parent company but is owned by institutional and individual investors. Duke Energy operates as an independent energy holding company with its strategic direction set by its Board of Directors and executive management team.

Is Duke Energy publicly traded?
Yes, Duke Energy is publicly traded on the New York Stock Exchange under the ticker symbol DUK. The company reported FY2025 revenue of $32.24 billion and adjusted EPS of $6.31. Duke Energy's 2026 adjusted EPS guidance is $6.55 to $6.80, with a long-term growth target of 5% to 7% through 2030.

Who founded Duke Energy?
Duke Energy was founded in 1904 as the Duke Power Company by James Buchanan Duke. The company expanded through strategic mergers, including Cinergy Corporation in 2000 and Progress Energy in 2012, establishing itself as one of the largest electric utilities in the United States with operations across six states.

Where is Duke Energy headquartered?
Duke Energy is headquartered in Charlotte, North Carolina, USA. Charlotte is one of the fastest-growing cities in the United States, adding approximately 157 new residents per day. Duke Energy serves 7.4 million electric customers and 1.5 million gas customers across North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky.

What is Duke Energy's annual revenue?
Duke Energy reported FY2025 total operating revenues of $32.24 billion, up from $30.36 billion in 2024. The company achieved reported and adjusted EPS of $6.31 in 2025. Duke Energy's $103 billion five-year capital plan is the largest regulated capital plan in the U.S. utility industry.

What brands does Duke Energy own?
Duke Energy operates through subsidiary brands including Duke Energy Carolinas, Duke Energy Progress, Duke Energy Florida, Duke Energy Indiana, Duke Energy Ohio/Kentucky, Piedmont Natural Gas, and Duke Energy Renewables. The company is pursuing a merger of Duke Energy Carolinas and Duke Energy Progress, which is projected to save customers more than $1 billion.

What are Duke Energy's key initiatives?
Duke Energy's key initiatives include its $103 billion capital plan to build 15 gigawatts of new generation capacity by 2031, securing data center electric service agreements (7.8 gigawatts signed with 15.4 gigawatts in pipeline), expanding battery storage to 5,600 megawatts by 2031, targeting 4,000 megawatts of new solar by 2034, extending nuclear plant licenses by 20 years, and achieving net-zero carbon emissions by 2050.

What controversies has Duke Energy faced?
Duke Energy has faced regulatory challenges including the North Carolina Utilities Commission pausing its solar procurement process in April 2026, criticism over extending coal operations and increasing natural gas reliance, disputes in Indiana over alleged over-collection of $89 million, and public opposition to proposed rate increases. The company has also drawn scrutiny over its data center contracts and their impact on residential customer bills.