Duke Energy’s Revenue Breakdown (2016-2023)

This statistic highlights Duke Energy’s Revenue Breakdown, split across Non-regulated electric and other, Regulated electric, and Regulated natural gas, and reported quarterly from 2016 onwards.

Duke Energy’s Revenue Breakdown

(All figures in USD, except percentages)

Duke Energy generated $70 million from Non-regulated electricity in Q1 2023. However, the revenue generated by this vertical has declined by 64% year-over-year growth from $197 million in Q1 2022. Revenue from Non-regulated electricity contributed 2% of the total revenue generated in Q1 2023. Duke Energy generated $6,324 billion from regulated electricity in Q1 2023. This vertical contributed 85% of the total revenue generated in Q1 2023. Duke Energy generated $882 million from regulated natural gas in Q1 2023. The revenue generated by this vertical has declined by 12% year-over-year growth from $1,002 million in Q1 2022. Revenue from regulated natural gas contributed 13% of its total revenue in Q1 2023.

Non-Regulated Electric and Other

Non-regulated electric operations typically involve the generation, sale, and trading of electricity in markets. These operations allow the company to participate in competitive electricity markets and take advantage of market opportunities. Non-regulated electric operations often emphasize renewable energy sources such as wind and solar power.

Regulated Electric

The company generates revenue through its regulated electric operations across various business verticals. Here are some of the aspects of regulated electricity:

• Electric Generation: The company operates a diverse portfolio of power generation facilities that produce electricity. The revenue from electric generation primarily comes from selling electricity to wholesale markets and other utilities.
• Electric Transmission: The revenue comes from providing transmission services to other utilities, independent power producers, and electricity marketers, which includes fees for the use of the transmission grid.
• Electric distribution: The revenue is derived from the charges to customers for the delivery of electricity, including base rates for infrastructure, and maintenance.

Regulated Natural Gas

Duke Energy’s regulated natural gas operations involve the production, transmission, and distribution of natural gas. The regulation ensures that the company’s natural gas operations comply with certain standards, pricing structures, and safety measures. It includes aspects such as rate setting, service quality, infrastructure investment, and customer protection. The company sources natural gas from various suppliers, which is then transported through pipelines to customers’ homes and other facilities.

About Duke Energy

Duke Energy Corporation is a leading electric power holding company in the United States. It was established in 1904 and is headquartered in Charlotte, North Carolina. It serves around 7.9 million electric customers and 1.6 million natural gas customers across multiple states in the united states. The company generates electricity from various sources, including coal, natural gas, nuclear, hydroelectric, and renewable energy.

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