Brand Intelligence Graphcompany
Company Overview
About Duke Energy
Duke Energy Corporation is a Charlotte, North Carolina-based regulated electric utility holding company — publicly traded on the New York Stock Exchange (NYSE: DUK) as an S&P 500 Utilities component — serving approximately 8.4 million electric customers and 1.7 million natural gas customers across the Carolinas, Florida, Indiana, Ohio, and Kentucky through regulated subsidiary utilities including Duke Energy Carolinas, Duke Energy Progress (North and South Carolina), Duke Energy Florida, and Duke Energy Indiana/Ohio/Kentucky, through approximately 28,000 employees. Duke Energy is one of the largest regulated utilities in the United States with approximately $29 billion in annual revenue, managing a generation fleet spanning nuclear, natural gas, coal (transitioning to retirement), solar, and wind across a 100,000-square-mile service territory. CEO Lynn Good, who has led Duke Energy since 2013, filed the company's 2025 Carolinas Resource Plan responding to unprecedented load growth — North Carolina attracted $19 billion in announced business investments and 25,000+ new jobs in 2025 alone, driven by semiconductor manufacturing, data center construction, and electric vehicle manufacturing — resulting in electricity demand growth projections 8x greater than the prior 15-year trend. The plan calls for 4,000 megawatts of solar capacity by 2034 and battery storage expansion to 5,600 megawatts by 2034 (+2,900 MW from current levels).
Business Model & Competitive Advantage
Duke Energy's large-scale regulated utility model manages the tension between long-lived capital assets (nuclear plants with 60-year lives, transmission infrastructure with 40-year lives) and a rapidly changing energy mix: Duke's North and South Carolina service territory is experiencing the fastest electricity demand growth of any major US utility service area — driven by the combination of CHIPS Act semiconductor fab construction (VinFast, Toyota battery facility, Wolfspeed silicon carbide plant in NC), hyperscale data center buildout (Google, Microsoft, AWS facilities), and EV battery manufacturing — requiring Duke to plan and build generation capacity that will serve these new industrial loads by 2027-2030. The regulated cost-of-service model allows Duke to earn its allowed return on equity (10.0-10.5%) on every dollar of capital invested in generation, transmission, and distribution — creating the financial incentive to deploy capital at scale for new customer load growth. The nuclear fleet (Duke operates the US's largest regulated nuclear fleet at approximately 11,000 MW capacity) provides low-cost baseload generation that supports grid reliability through increasingly variable renewable energy integration.
Competitive Landscape 2025–2026
In 2025, Duke Energy competes in regulated electric utility service in the Southeast, Florida, and Midwest against Dominion Energy (NYSE: D, Virginia and North Carolina electric, $15.2B revenue), NextEra Energy (NYSE: NEE, Florida Power & Light + renewable energy, $24.5B revenue), and Southern Company (NYSE: SO, Georgia and Alabama electric, $26.7B revenue) for regulatory approval of the Carolinas Resource Plan capital investments, large industrial customer attraction, and renewable energy procurement. The 2025 Carolinas Resource Plan capital investments (solar, battery storage, transmission expansion) position Duke Energy for rate base growth at the highest rate in recent company history, supported by bipartisan political support in North Carolina and South Carolina for the economic development that is driving load growth. The 2025 strategy focuses on executing the Carolinas Resource Plan generation additions on schedule, managing coal plant retirement timelines to ensure reliability during the renewable energy build, and securing regulatory approval for rate base additions that recover the multi-billion-dollar clean energy capital investment.
The Duke Energy Story
Founders
Recent Activity
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Major milestones in Duke Energy's journey
Leadership Team
Meet the leaders behind Duke Energy
Harry Sideris
Harry Sideris was appointed President of Duke Energy in April 2024 and will become President and CEO effective April 1, 2025, succeeding Lynn Good. He leads the organization's operational divisions and transformation initiatives, bringing extensive experience in energy operations and strategic leadership.
Lynn Good
Lynn Good has served as President and CEO of Duke Energy since 2013, leading the company for 11 years through significant transformation including enhancing stakeholder engagement, modernizing regulatory constructs, delivering industry-leading safety and operations, and transforming the company into a pure-play portfolio of regulated utility businesses. She will retire from her management and board roles on April 1, 2025, after more than two decades of distinguished service.
Brian L. Savoy
Brian Savoy has served as Executive Vice President and CFO since September 2022, overseeing the company's financial function including the controller's office, treasury, tax, risk management and insurance. Before becoming CFO, he served as EVP, Chief Strategy and Commercial Officer from May 2021 to August 2022.
Louis Renjel
Louis Renjel serves as Executive Vice President and Chief Corporate Affairs Officer, managing Duke Energy's corporate communications, government relations, and public affairs strategies across the company's six-state service territory.
Kodwo Ghartey-Tagoe
Kodwo Ghartey-Tagoe serves as EVP, Chief Legal Officer and Corporate Secretary, overseeing all legal matters, ethics, compliance, and corporate governance for Duke Energy.
Julie Janson
Julie Janson served as EVP and CEO of Duke Energy Carolinas and head of its Natural Gas Business Unit, retiring on July 1, 2025, after serving the company for nearly four decades and leading operations across the Carolinas region.
Alex Glenn
Alex Glenn serves as Executive Vice President and Chief Legal Officer, with responsibilities including legal, ethics, compliance and corporate audit. He was previously EVP and CEO of Duke Energy Florida and Midwest.
Preston Gillespie
Preston Gillespie serves as EVP and Chief Generation Officer and head of enterprise operational excellence, overseeing Duke Energy's diverse portfolio of power generation facilities including nuclear, natural gas, coal, renewables, and hydroelectric assets.
Bonnie Titone
Bonnie Titone serves as Chief Information Officer, leading Duke Energy's technology strategy and digital transformation initiatives to modernize operations and enhance customer service capabilities.
Key Differentiators
Market Leader
Duke Energy is recognized as a market leader in the Energy & Utilities sector, demonstrating strong industry presence and customer trust.
Enterprise Scale
With $29B in revenue, Duke Energy operates at enterprise scale with proven market validation.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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