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Economic Indicators

Management Approach Our success as a company is linked to the success of the communities we serve and to our employees.
INDICATOR TOPIC RESPONSE
EU6 Approach to ensure short and long-term electricity availability and reliability We address availability and reliability in our Integrated Resource Plans that are submitted to state regulatory agencies. Please see this sample Integrated Resource Plan.

 

There is also extensive discussion on various pages of our Form 10-K filed with the Securities and Exchange Commission.

 

EU7 Demand-side management programs Demand-side management programs are specific to each state and are contingent on approvals from state utility commissions. The programs available in each state are described on the Duke Energy Web site. They are also discussed in general in our Form 10-K filed with the Securities and Exchange Commission. (enter energy efficiency in the search box).
EU8 Research and development activity Our technology development group focuses on emerging technologies which have the potential to impact Duke Energy's business. They also coordinate much of our research and development through programs administered by the Electric Power Research Institute, the U.S. Department of Energy and other organizations.
EU9 Provisions to decommission nuclear power sites See our Form 10-K filed with the Securities and Exchange Commission. A search on decommissioning will yield numerous results.
Economic Performance
EC1 Financial performance See Financial strength supports sustainable growth in our Sustainability Report, our Form 10-K filed with the Securities and Exchange Commission, and Annual Report for detailed information.
EC2 Financial implications of climate change See Advancing Low-Carbon Technologies and our responses to the Carbon Disclosure Project. Also see our Form 10-K filed with the Securities and Exchange Commission, pages 78-79.
EC3 Defined employee benefit plan obligations See our Form 10-K filed with the Securities and Exchange Commission, page 63.
EC4 Financial assistance from government We do not track the annual accural of tax credits, subsidies and other incentives from our many governmental entities.
Market Presence
EC5 Entry level wages Duke Energy's lowest entry level wage is $8.97 per hour for U.S. employees. Federal minimum wage is $7.25 per hour.
EC6 Percent of local spending for supplies We do not track the geographic extent of our supply chain.  To achieve economies of scale in our purchasing, we have entered into contracts with consolidators that provide most of our miscellaneous office and administrative supplies.  Due to the nature of our business, specialized materials needed for our generation, transmission and distribution services are obtained from a limited number of domestic and international manufacturers.
EC7 Procedure for local hiring, & percent of local senior management Hiring and promotion is based on merit, not whether the candidate is from a particular locality.
Indirect Economic Impacts
EC8 Investments for local benefit We help strengthen our communities through economic development initiatives and financial support. See the Strong Communities section of our Sustainability Report.
EC9 Indirect economic impacts See Economic development, and EC8.
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EU10 Planned capacity and projected demand

Please see pages 28-31 of our Form 10-K filed with the Securities and Exchange Commission for generation capacity information. Electric and gas demand are also addressed in the 10-K. (A search on the word demand in this document leads to numerous references.)  In addition, the 10-K, beginning on page 7, describes major capital expansion projects being pursued to meet projected load.

We address planned capacity and projected demand in our Integrated Resource Plans that are submitted to state regulatory agencies. Please see this sample Integrated Resource Plan

EU11 Average thermal plant efficiency

2012 combined regulated and non-regulated fleet efficiencies are as follows: Coal-fired Generation Plants: 10,278 BTU/kwh; Open-Cycle and Combined-Cycle Natural Gas-fired Plants: 8,385 BTU/kwh

EU12 Transmission and distribution losses

Our transmission and distribution losses are consistent with averages reported by other utilities, but the methodology for calculating these losses is inconsistent across the industry. Because of this inconsistency, the Electric Power Research Institute (EPRI) as part of Program 172 (Efficient Transmission and Distribution Systems for a Low Carbon Future) has released a Distribution System Losses Calculation Tool. We use the new EPRI methodology and a variety of other tools to conduct loss surveys on portions of our system on a periodic basis. Transmission losses are approximately 2.5 percent, and distribution losses are approximately 3.5 percent.