Company Overview
One of America's largest electric utilities serving approximately 8.2 million customers across six states, with a diversified generation mix of natural gas, nuclear, coal, solar, and wind.
Commodity Exposures
Price Sensitivity
Duke Energy's generation fleet creates diversified fuel commodity exposure: natural gas (largest fuel source), coal (declining but still significant), and uranium (nuclear plants at Robinson and McGuire stations). Fuel costs are passed through to regulated customers with some lag. Duke's ongoing coal-to-gas and coal-to-renewables transition is shifting commodity exposure from coal toward natural gas and construction metals.