Counted amongst the elders of the power industry, Duke Energy was founded in the year 1904 by James Buchanan Duke and Benjamin Newton Duke.
The company recorded a total workforce of over 29,200 as of the End of Year 2015, and the current Chairman, CEO and President is Lynn Good. The company has primary listing on the NYSE as DUK and is a S&P 500 component and also a Dow Jones Utility Average component.
The company has its current Headquarters in Charlotte, North Carolina and is the largest power holding company in the US. It also has operating assets in Canada and Latin America. Serving more than 7.2 million customers, the company operates 58,200 MW of base-load and peak power generation in the US in a territory covering 104000 sq. miles and owns and maintains more than 402, 700 kms of distribution lines.
Generating power from multiple sources like coal, oil and natural gas in Midwest, mainly nuclear power in Carolina and hydroelectric power in Brazil, the company operates mainly through its subsidiaries some of which are Duke Energy Florida, Duke Energy Progress, Duke Energy Retail and Duke Energy Renewables.
Apart from all this, the company has also been a popular employer being awarded as one of the 50 Best Employers in America by the popular ratings of Business Insider. Being a major Wind power player, the company also has nuclear, thermal and combined cycle plants.