Duke Energy Corporation operates primarily through two business segments: Electric Utilities and Infrastructure, and Gas Utilities and Infrastructure. The Electric Utilities segment, which accounts for over 90% of total revenue, generates electricity using a diverse mix of coal, nuclear, natural gas, hydroelectric, and renewable energy sources. The company's geographic footprint spans six states, including North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky. The Gas Utilities segment distributes natural gas and invests in pipeline transmission, renewable natural gas projects, and storage facilities. As one of the largest regulated utilities in the United States, Duke Energy is executing a multi-billion dollar capital plan to transition its generation fleet toward cleaner energy sources and modernize its grid infrastructure.
