Gas Utilities and Infrastructure was the quickest rising income section for Duke Energy (NYSE: DUK)
Gas Utilities and Infrastructure was the quickest rising income section for Duke Energy (NYSE: DUK) over the past two years. Whereas Duke’s total revenue (exhibits Duke Power’s key income elements) elevated by $1.78 billion between 2016 and 2018, gasoline utilities noticed its revenues rise by $0.97 billion throughout the identical time, contributing about 55% of the income improve over the past two years. Gasoline Utilities income greater than doubled throughout this era because of the Piedmont acquisition. Can Gasoline Utilities proceed to extend its significance within the close to future? To raised perceive this, please confer with the Trefis interactive dashboard – How Important Is Gas Utilities & Infrastructure Segment For Duke Energy?
Division Overview
What’s on Provide?
- The Gasoline Utilities and Infrastructure division includes of pure gasoline primarily based energy era, transmission and distribution carried out by the regulated public utilities of Piedmont and Duke Power Ohio.
- The division has over 1.6 million prospects, together with greater than 1.1 million prospects positioned in North Carolina, South Carolina and Tennessee, and an…