The company produces a total of 45, 221, 792.64 megawatt hours from coal usage. By megawatt hours generated, Duke Energy is the 2nd largest provider out of 3509 in the country. The supplier is 10th in the nation for megawatt hours produced from solar energy. Duke Energy ranks 2151st in the nation for average monthly bill amount. The US average monthly residential electric bill is $ 131.84, while the Duke Energy average is 2.45% higher at $ 135.07 per month. Their revenue from electricity activities was $ 22, 581, 769, 960. In 2021, the provider earned 82.70% of their revenue from retail electricity sales and 11.26% via sales to wholesale customers. Florida residents and businesses likely will get hit with higher electric bills in 2023 as utilities continue to struggle with increased costs of natural gas. During the same timeframe, Duke Energy generated 206, 663, 975.94 megawatt hours and acquired 45, 325, 068.7 megawatt hours by way of the wholesale market. Florida Power & Light, Duke Energy and Tampa Electric could also seek to pass along higher-than-expected fuel costs. In 2021 the company had sales to end users totaling 195, 959, 018.4 megawatt hours and wholesale sales to other companies of 195, 959, 018.4 megawatt hours. This is 11.64% below the US average rate of 14.84 cents, resulting in the company ranking 1835th best for average electricity rate out of 2906 providers in the nation. Duke Energy's customers are billed an average residential electricity price of 13.11 cents per kilowatt hour. These customers are made up of 14, 499 industrial accounts, one transportation customer, 1, 022, 911 commercialproperties and 6, 773, 061 residential properties. There are a total of 7, 810, 472 customers receiving service from the provider. Duke Energy has their head offices in Charlotte, North Carolina and provides electricity in 6 states within the nation In addition, this service area includes 1188 cities within these states.
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