Company Overview Visit duke-energy.com website
Duke Energy is a large energy corporation that has been in business for over 90 years. In its history, it has had more than 70 electric utilities and power marketing affiliates which have served approximately 6.4 million customers in North Carolina, South Carolina, Ohio, Kentucky, Indiana and Florida.
Duke Energy has announced plans to close 11 of its coal ash ponds across the states of North Carolina and South Carolina because they are polluting local waterways. Each site will be closed by excavating coal ash from two or three of the ponds on each site and either recycling or disposing of the material.
The company has decided to close all of its remaining ponds by 2029.
Duke Energy is currently valued at $60 billion and employs the most people of any Fortune 500 power company listed in North Carolina, Ohio, Indiana and Florida. It has one of the lowest customer rates in the industry compared to its competitors.