Duke Energy: 6 Surprising Things You Didn’t Know


Duke Energy has been fulfilling a vast majority of America’s energy needs for quite some time now, and we are here to give you all the juiciest details! Even the most loyal customers of this company are missing out on a few key facts about their energy supplier, so what are you waiting for? Read on to discover the surprising things you didn’t know about Duke Energy!

Number Six: Duke Energy Is Ready to Expand

The CEO of Duke has recently revealed that the company has some big plans for expansion after their recent success. In 2012, the Duke Energy Corp settled a merger with Progress Energy and has since had vast increases in profits. Now, they are going to reap their benefits to further grow the promising corporation.

Number Five: They Are Leading the Nation

Over time, Duke has become arguably the largest energy distributor in America. They have taken over the industry and gained more than 7.4 million retail customers. In turn, the company has earned the rank of a Fortune 125 company with their success, and their stock is currently performing better than ever.

Number Four: They Can Help You Plan Your Usage

The Duke Energy website has a number of neat little features on their website, including a series of charts that show you how your energy is used. Its shows the average kilowatt hour per month that is consumed by a variety of household appliances, and can even tell you the average energy usage of your home based on its size.

Number Three: They Have a Children’s Museum

In fact, it’s one of the best children’s museums in the nation, as told by U.S. Exhibits. The building features an array of interactive, hands-on activities for younger children. The center educates about energy, as well as a handful of other subjects such as culture, arts, science, and reading.

Number Two: They Had a Tragic Pipe Break

Last year, a retired Duke facility experienced one of the most tragic pipe breaks in American history. After the pipe burst, coal ash spilled into a North Carolina river and it was deemed to be the third-worst coal ash in U.S. history. The company faced a handful of legal charges for violating the Clean Water Act and paid a fine of over $102 million dollars to make amends.

Number One: And They Want to Build Another One

Despite this tragic accident, the company has announced that they are planning a pipeline to be built from West Virginia to North Carolina. This decision was made in order to boost the company’s dividend stocks, which means now is the time to get in on the deal! We hope you enjoyed reading about the six surprising things that you didn’t know about Duke Energy!