XML 161 R99.htm IDEA: XBRL DOCUMENT v3.25.0.1
Revenue (Tables)
 12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction Supplemental requirements contracts that include contracted blocks of energy and capacity at contractually fixed prices have the following estimated remaining performance obligations:
Remaining Performance Obligations
(in millions)20252026202720282029ThereafterTotal
Duke Energy Carolinas$12 $12 $12 $12 $— $— $48 
Progress Energy36 43 13 13 13 42 160 
Duke Energy Progress6 6 6 6 6 20 50 
Duke Energy Florida30 37 7 7 7 22 110 
Duke Energy Indiana17 17 15 5 — — 54 
Estimated remaining performance obligations are as follows:
Remaining Performance Obligations
(in millions)20252026202720282029ThereafterTotal
Piedmont$64 $51 $49 $46 $44 $151 $405 
Disaggregation of Revenue Disaggregated revenues are presented as follows:
Year Ended December 31, 2024
DukeDukeDukeDukeDuke
(in millions)DukeEnergyProgressEnergyEnergyEnergyEnergy
By market or type of customerEnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Electric Utilities and Infrastructure
Residential$12,901 $4,150 $6,592 $2,872 $3,720 $1,009 $1,149 $— 
Commercial
8,207 3,080 3,718 1,754 1,964 590 818 — 
Industrial3,427 1,488 1,066 742 324 149 724 — 
Wholesale2,205 547 1,414 1,268 146 51 194 — 
Other revenues1,029 350 674 343 331 89 107 — 
Total Electric Utilities and Infrastructure revenue from contracts with customers$27,769 $9,615 $13,464 $6,979 $6,485 $1,888 $2,992 $— 
Gas Utilities and Infrastructure
Residential$1,320 $— $— $— $— $427 $— $893 
Commercial639 — — — — 153 — 486 
Industrial158 — — — — 33 — 125 
Power Generation— — — — — — — 33 
Other revenues126 — — — — 26 — 100 
Total Gas Utilities and Infrastructure revenue from contracts with customers$2,243 $— $— $— $— $639 $— $1,637 
Other
Revenue from contracts with customers$38 $— $— $— $— $— $— $— 
Total revenue from contracts with customers$30,050 $9,615 $13,464 $6,979 $6,485 $2,527 $2,992 $1,637 
Other revenue sources(a)
$307 $103 $169 $38 $110 $18 $48 $92 
Total revenues$30,357 $9,718 $13,633 $7,017 $6,595 $2,545 $3,040 $1,729 
Year Ended December 31, 2023
DukeDukeDukeDukeDuke
(in millions)DukeEnergyProgressEnergyEnergyEnergyEnergy
By market or type of customerEnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Electric Utilities and Infrastructure
Residential$12,098 $3,409 $6,510 $2,540 $3,970 $947 $1,233 $— 
Commercial
7,895 2,670 3,762 1,588 2,174 552 911 — 
Industrial3,416 1,334 1,105 733 372 191 786 — 
Wholesale2,175 492 1,388 1,240 148 46 248 — 
Other revenues962 318 590 325 265 93 157 — 
Total Electric Utilities and Infrastructure revenue from contracts with customers$26,546 $8,223 $13,355 $6,426 $6,929 $1,829 $3,335 $— 
Gas Utilities and Infrastructure
Residential$1,226 $— $— $— $— $435 $— $792 
Commercial605 — — — — 154 — 450 
Industrial141 — — — — 26 — 115 
Power Generation— — — — — — — 31 
Other revenues119 — — — — 24 — 95 
Total Gas Utilities and Infrastructure revenue from contracts with customers$2,091 $— $— $— $— $639 $— $1,483 
Other
Revenue from contracts with customers$37 $— $— $— $— $— $— $— 
Total revenue from contracts with customers$28,674 $8,223 $13,355 $6,426 $6,929 $2,468 $3,335 $1,483 
Other revenue sources(a)
$386 $65 $189 $62 $107 $39 $64 $145 
Total revenues$29,060 $8,288 $13,544 $6,488 $7,036 $2,507 $3,399 $1,628 
Year Ended December 31, 2022
DukeDukeDukeDukeDuke
(in millions)DukeEnergyProgressEnergyEnergyEnergyEnergy
By market or type of customerEnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Electric Utilities and Infrastructure
Residential$11,377 $3,275 $5,812 $2,378 $3,434 $862 $1,430 $— 
Commercial
7,356 2,396 3,396 1,480 1,916 517 1,049 — 
Industrial3,504 1,251 1,095 770 325 202 956 — 
Wholesale2,856 561 1,785 1,346 439 127 383 — 
Other revenues795 372 994 768 226 61 19 — 
Total Electric Utilities and Infrastructure revenue from contracts with customers$25,888 $7,855 $13,082 $6,742 $6,340 $1,769 $3,837 $— 
Gas Utilities and Infrastructure
Residential$1,462 $— $— $— $— $488 $— $974 
Commercial765 — — — — 180 — 585 
Industrial170 — — — — 24 — 144 
Power Generation— — — — — — — 94 
Other revenues360 — — — — 25 — 271 
Total Gas Utilities and Infrastructure revenue from contracts with customers$2,757 $— $— $— $— $717 $— $2,068 
Other
Revenue from contracts with customers$30 $— $— $— $— $— $— $— 
Total revenue from contracts with customers$28,675 $7,855 $13,082 $6,742 $6,340 $2,486 $3,837 $2,068 
Other revenue sources(a)
$93 $2 $43 $11 $13 $28 $85 $56 
Total revenues$28,768 $7,857 $13,125 $6,753 $6,353 $2,514 $3,922 $2,124 
(a)    Other revenue sources include revenues from leases, derivatives and alternative revenue programs that are not considered revenues from contracts with customers. Alternative revenue programs in certain jurisdictions include regulatory mechanisms that periodically adjust for over or under collection of related revenues.
Accounts Receivable, Allowance for Credit Loss
The following table presents the reserve for credit losses for trade and other receivables.
DukeDukeDukeDukeDuke
DukeEnergyProgressEnergyEnergyEnergyEnergy
(in millions)EnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Balance at December 31, 2021$121 $42 $36 $21 $16 $4 $3 $15 
Write-Offs(158)(73)(70)(36)(34)— — (12)
Credit Loss Expense160 40 72 17 55 2 1 11 
Other Adjustments93 59 43 42 (1)— — — 
Balance at December 31, 2022$216 $68 $81 $44 $36 $6 $4 $14 
Write-Offs(164)(71)(84)(41)(42)— — (10)
Credit Loss Expense101 35 48 12 37 3 1 7 
Other Adjustments52 24 29 29 — — — — 
Balance at December 31, 2023$205 $56 $74 $44 $31 $9 $5 $11 
Write-Offs(132)(55)(73)(45)(28)— — (4)
Credit Loss Expense98 39 51 25 26 3 2 3 
Other Adjustments38 29 21 20 — 31 8 — 
Balance at December 31, 2024$209 $69 $73 $44 $29 $43 $15 $10