Economic Indicators

Economic Indicators

Management Approach
Our success as a company is linked to the success of the communities we serve and to our employees.

G4 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 that have the potential to create opportunities for Duke Energy and 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. Also, please see page 5 of Duke Energy's 2020 Climate Report.
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
G4-EC1	Financial performance	See our Sustainability Report and our Annual Report and Form 10-K for detailed information.
G4-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 (search on carbon for multiple references). See Duke Energy's 2020 Climate Report, where costs and other financial implications of climate change are discussed throughout the report.
G4-EC3	Defined employee benefit plan obligations	See our Form 10-K filed with the Securities and Exchange Commission (search on defined benefit for multiple references).
G4-EC4	Financial assistance from government	We do not centrally track the annual accrual of tax credits, subsidies and other incentives from our many governmental entities.
Market Presence
G4-EC5	Entry level wages	Duke Energy's lowest entry level wage is $14.50 per hour for U.S. employees. The Federal minimum wage is $7.25 per hour. Minimum wage for federal contractors is $10.60 per hour.
G4-EC6	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
G4-EC7	Development and impact of infrastructure investments and services supported	We help strengthen our communities through economic development initiatives and financial support. See the Customers section of our Sustainability Report, where we describe how Duke Energy improves the lives of our customers and vitality of our communities.
G4-EC8	Indirect economic impacts	See Economic Development in our Sustainability Report, and G4-EC7.
G4-EC9	Percent of local spending for supplies	Duke Energy buys more than $13.5 billion of goods and services each year; of that about $4 billion is spent with local suppliers. See Supporting Suppliers Who Share Our Values in our Sustainability Report.
EU10	Planned capacity and projected demand	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	2019 fleet efficiencies were as follows: Coal-fired Generation Plants: 9,320 BTU/kwh; Open-Cycle and Combined-Cycle Natural Gas-fired Plants: 7,344 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 1.8 percent, and distribution losses are approximately 2.5 percent.

G4 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 that have the potential to create opportunities for Duke Energy and 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. Also, please see page 5 of Duke Energy's 2020 Climate Report.
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
G4-EC1	Financial performance	See our Sustainability Report and our Annual Report and Form 10-K for detailed information.
G4-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 (search on carbon for multiple references). See Duke Energy's 2020 Climate Report, where costs and other financial implications of climate change are discussed throughout the report.
G4-EC3	Defined employee benefit plan obligations	See our Form 10-K filed with the Securities and Exchange Commission (search on defined benefit for multiple references).
G4-EC4	Financial assistance from government	We do not centrally track the annual accrual of tax credits, subsidies and other incentives from our many governmental entities.
Market Presence
G4-EC5	Entry level wages	Duke Energy's lowest entry level wage is $14.50 per hour for U.S. employees. The Federal minimum wage is $7.25 per hour. Minimum wage for federal contractors is $10.60 per hour.
G4-EC6	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
G4-EC7	Development and impact of infrastructure investments and services supported	We help strengthen our communities through economic development initiatives and financial support. See the Customers section of our Sustainability Report, where we describe how Duke Energy improves the lives of our customers and vitality of our communities.
G4-EC8	Indirect economic impacts	See Economic Development in our Sustainability Report, and G4-EC7.
G4-EC9	Percent of local spending for supplies	Duke Energy buys more than $13.5 billion of goods and services each year; of that about $4 billion is spent with local suppliers. See Supporting Suppliers Who Share Our Values in our Sustainability Report.
EU10	Planned capacity and projected demand	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	2019 fleet efficiencies were as follows: Coal-fired Generation Plants: 9,320 BTU/kwh; Open-Cycle and Combined-Cycle Natural Gas-fired Plants: 7,344 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 1.8 percent, and distribution losses are approximately 2.5 percent.