Duke Energy
American electrical power and natural gas company
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| 2024 | Duke Energy reached its highest-ever placement on the Fortune 500 list, ranking 141st among the largest companies in the United States. |
| 2023 | Company reached a new revenue peak of $29,060 million with improved net income of $2,735 million, while the employee count slightly decreased to 27,037. |
| 2022 | Duke Energy saw significant revenue growth to $28,768 million, though net income decreased to $2,444 million, with a slight increase in employees to 27,859. |
| December 24 2022 | Duke Energy implemented unprecedented rolling blackouts on Christmas Eve without warning, due to extreme energy demand. The blackouts revealed software failures in their controlled shutdown system, prompting a Federal Energy Regulatory Commission investigation. |
| December 3 2022 | An attack on two Duke Energy substations in Moore County, North Carolina, left up to 40,000 residents without electrical power, prompting a state of emergency and FBI investigation. |
| 2021 | The company rebounded with revenue of $25,097 million and a strong net income of $3,802 million, maintaining a relatively stable workforce of 27,605 employees. |
| May 17 2021 | Duke Energy announced plans to move headquarters in 2023 to Duke Energy Plaza, across from the current headquarters. |
| January 2021 | Duke Energy proposed a settlement to absorb $1.1 billion of coal-ash pond closure and cleanup costs in North Carolina between 2015 and 2030, reducing ratepayer costs by 60%. |
| 2020 | Columbia Solar Power Plant (74.9 MW) opened in Fort White, Florida. |
| 2020 | Duke Energy began commercial operations of multiple solar farms in Texas, including the Blue Wing Solar Project in San Antonio, Lapetus Solar Project (100 MW) in Andrews County, Holstein Solar Project (200 MW) in Nolan County, and Rambler Solar Project (200 MW) in Tom Green County. |
| 2020 | During the COVID-19 pandemic, Duke Energy saw a revenue drop to $23,868 million and a substantial decline in net income to $1,270 million, with further employee reduction to 27,535. |
| August 2020 | Environmental watchdog EWG accused Duke Energy of charging Indiana ratepayers $12 billion for failed projects, including two natural gas pipelines and two retired nuclear power plants. |
| 2019 | Company experienced revenue growth to $25,079 million, with a significant increase in net income to $3,707 million, while employee count decreased to 28,793. |
| 2018 | Duke Energy announced they would not include new nuclear power in their long-range plans. |
| 2018 | Duke Energy reported annual revenue of $24,521 million, with a net income of $2,666 million and 30,083 employees. |
| 2018 | Duke Energy paid an effective federal tax rate of 0% or less as a result of the 2017 Tax Cuts and Jobs Act. |
| November 2018 | Company's market capitalization was valued at over US$58.8 billion, with shares trading at over $79 per share. |
| October 2018 | Duke Energy announced a plan to install 530 electric car charging stations across Florida, with 10% of the stations designated for low-income communities. |
| 2017 | Duke Energy announced plans to launch three new solar farm projects in Kentucky, including two in Kenton County and one in Grant County, with a combined power generation capacity of over 6.7 MW. |
| 2017 | Duke Energy added 451 MW of solar capacity to North Carolina's electrical grid. |
| 2017 | Duke Energy reported annual earnings of US$3.059 billion and annual revenue of US$23.565 billion, representing a 3.6% increase from the previous fiscal year. |
| 2017 | Donald Trump's Tax Cuts and Jobs Act was passed, which allowed Duke Energy and 90 other Fortune 500 companies to pay an effective federal tax rate of 0% or less in 2018. |
| August 2017 | Duke decided to seek permission to cancel the proposed nuclear power plant project due to Westinghouse's bankruptcy. |
| 2016 | Duke Energy purchased Piedmont Natural Gas for $4.9 billion and completed selling its remaining power operations in Central and South America for $1.2 billion. |
| February 2 2014 | The Dan River coal-ash spill led to a grand jury investigation. Duke Energy was prosecuted, pleaded guilty to nine charges of criminal negligence, and agreed to pay $102 million in fines and restitutions. The company was also ordered to close all 32 ash ponds in North Carolina by 2029. |
| June 18 2013 | Duke Energy announced CEO Jim Rogers' retirement and the appointment of Lynn Good as the new CEO. |
| July 3 2012 | Duke Energy merged with Progress Energy Inc, retaining the Duke Energy name and Charlotte headquarters. |
| 2011 | Duke Energy initiated the 'Envision Charlotte' project to reduce energy use in the urban core by 20 percent, focusing on commercial buildings larger than 10,000 square feet. |
| May 2011 | Duke Energy agreed to pay $30 million to resolve allegations of discriminatory changes to its company pension plan that disproportionately harmed employees over 40. |
| February 14 2011 | Greenpeace launched a campaign calling on Duke Energy to abandon mountaintop removal coal, produce a third of its energy from renewable sources by 2020, and eliminate coal by 2030. |
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