Duke Energy Carolinas Company Description
Duke Energy Carolinas (formerly Duke Power) energizes the Carolinas as well as its parent company's sales. A part of top US power firm Duke Energy, the regulated utility provides electricity services to 2.4 million customers in North and South Carolina. Operating in a 22,000-square mile service territory, the utility has more than 100,000 miles of distribution lines and a 13,000 mile transmission system, and has a net generating capacity of more than 19,320 MW from interests in fossil-fueled, nuclear, and hydroelectric power plants. Duke Energy Carolinas also sells power to wholesale customers.
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The Company Description provides a historical perspective of Duke Energy Carolinas's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Duke Energy Carolinas's evolution in the marketplace.
