Duke Energy Corp (NYSE:DUK) News and Share Price

Duke Energy Corp is a US-based holding company that provides energy solutions through an integrated network of assets.

The company deals with electricity supply, natural gas transmission, and trading throughout Latin America and the United States.

The Charlotte-based company claims to serve 7.8 million customers and provides electricity in six US states. In addition, it supplies natural gas to over 1.6 million customers in the United States.

The utility-based business was established as Catawba Power Company in the early 1900s.

The company claims to own renewable energy generation assets with an estimated capacity of 8,000 megawatts. The projects include solar, wind, hydro, microgrid and energy storage.

The energy company operates its electric utilities and transmission business through the following subsidiaries:
• Duke Energy Florida
• Duke Energy Carolinas
• Duke Energy Ohio
• Duke Energy Progress

The energy assets include over 120 solar energy plants, 11 fuel cell locations and 22 wind energy generation facilities.

The diversified energy portfolio also consists of natural gas pipelines and service lines, gas utility infrastructure across five states of the US, covering over 60,000 miles of network.

Through its subsidiaries, Duke Energy Ohio and Piedmont Natural Gas, the company caters to natural gas, utilities, and infrastructure.

The energy solutions for electric vehicles are provided through its eTransEnergy platform. In addition, it provides end-to-end fleet services, including planning, financing, optimization, charging infrastructure, etc.

The fleet electrification services are offered to logistics providers, transportation companies, schools and colleges, commercial and industrial, and public transportation units.

In addition, it provides various electric vehicle chargers such as Level 1- Standing Wall Outlet, Level 2- 240 Volt Outlet, and Level 3DC Fast Charging.

Duke Energy Foundation also claims to make strategic investments to support the community, nature, and students.

Duke Energy Corp also owns a mobile-based application available on Google Play and enables the customers to pay online bills. The app reportedly has over 500,000 users.