Subsidy Tracker Parent Company Summary
Parent Company Name:
Duke Energy
Ownership Structure:
publicly traded (ticker symbol DUK)
Headquartered in:
North Carolina
Major Industry:
utilities and power generation
Specific Industry:
utilities
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $343,750,017 | 25 |
| Federal (grants and allocated tax credits) | $899,985,731 | 31 |
| TOTAL | $1,243,735,748 | 56 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 2001. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
BLACK MOUNTAIN SOLAR; CAROLINA POWER AND LIGHT; CINERGY; CS MURPHY POINT; DEGS WIND I; DUKE ENERGY; DUKE ENERGY COMMERCIAL ENTERPRISES INC; LAUREL HILL WIND ENERGY; MARTINS CREEK SOLAR NC; MURPHY FARM POWER; NORTH CAROLINA RENEWABLE PROPERTIES; NOTREES WINDPOWER LP; OCOTILLO WINDPOWER LP; PROGRESS ENERGY; RE AJO 1; RE BAGDAD SOLAR 1; RP ORLANDO; SEC Bellefonte SD Solar One, LLC; SHIRLEY WIND; SOLAR STAR NORTH CAROLINA II; SWEETWATER WIND POWER; TOP OF WORLD WIND ENERGY; TX SOLAR I; WASHINGTON WH [...]
Links:
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| Indiana | $204,000,000 | 1 |
| Texas | $107,744,902 | 7 |
| North Carolina | $28,444,048 | 15 |
| Oklahoma | $2,411,067 | 1 |
| Ohio | $1,150,000 | 1 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Duke Energy | Indiana | local | 2006 | $204,000,000 |
MEGADEAL  |
|
| DUKE ENERGY BUSINESS SERVICES LLC | United States | federal | 2010 | $200,000,000 | federal grant | |
| PROGRESS ENERGY SERVICE COMPANY, LLC | United States | federal | 2010 | $200,000,000 | federal grant | |
| Top of the World Wind Energy LLC | United States | federal | 2011 | $110,725,419 | federal grant | |
| Notrees Windpower, LP | United States | federal | 2013 | $103,561,627 | federal grant | |
| Duke Energy Carolinas, LLC | United States | federal | 2014 | $49,395,049 | federal grant | |
| Duke Energy Carolinas, LLC | United States | federal | 2013 | $43,553,711 | federal grant | |
| Laurel Hill Wind Energy, LLC | United States | federal | 2013 | $43,224,531 | federal grant | |
| DEGS Wind I, LLC | Texas | local | 2012 | $43,088,760 | property tax abatement | |
| Sweetwater Wind Power LLC | Texas | local | 2007 | $28,000,237 | property tax abatement | |
| RE Bagdad Solar 1 LLC | United States | federal | 2012 | $22,909,331 | federal grant | |
| DUKE ENERGY BUSINESS SERVICES LLC | United States | federal | 2010 | $21,806,232 | federal grant | |
| TX Solar I LLC | United States | federal | 2011 | $17,612,603 | federal grant | |
| Shirley Wind, LLC | United States | federal | 2011 | $13,159,902 | federal grant | |
| Sweetwater Wind Power LLC | Texas | local | 2004 | $12,870,109 | property tax abatement | |
| Duke Energy Carolinas, LLC | United States | federal | 2012 | $11,511,861 | federal grant | |
| Duke Energy Corporate Services, Inc. | North Carolina | state | 2011 | $10,294,344 | tax credit/rebate | |
| Washington White Post Solar, LLC | United States | federal | 2013 | $9,933,259 | federal grant | |
| Sweetwater Wind Power LLC | Texas | local | 2005 | $9,454,508 | property tax abatement | |
| Black Mountain Solar, LLC | United States | federal | 2013 | $9,181,029 | federal grant | |
| Solar Star North Carolina II, LLC | United States | federal | 2012 | $8,882,615 | federal grant | |
| Duke Energy Carolinas, LLC | United States | federal | 2012 | $7,685,615 | federal grant | |
| RE Ajo 1 LLC | United States | federal | 2012 | $6,605,741 | federal grant | |
| RP-Orlando, LLC | United States | federal | 2012 | $6,572,863 | federal grant | |
| Duke Energy New Plant | North Carolina | local | 2008 | $6,482,140 | grant | |
| Duke Energy Carolinas LLC | North Carolina | local | 2008 | $5,989,753 | property tax abatement | |
| Ocotillo Windpower LP | Texas | local | 2008 | $5,227,984 | property tax abatement | |
| Sweetwater Wind Power LLC | Texas | local | 2004 | $4,714,400 | property tax abatement | |
| DEGS Wind I, LLC | Texas | local | 2012 | $4,388,904 | property tax abatement | |
| DUKE ENERGY BUSINESS SERVICES LLC | United States | federal | 2010 | $3,490,041 | federal grant | |
| Duke Energy Progress, Inc. | United States | federal | 2014 | $3,296,505 | federal grant | |
| DUKE ENERGY COMMERCIAL ENTERPRISES INC | Oklahoma | state | 2016 | $2,411,067 | tax credit/rebate | |
| Duke Energy Corporate Services, Inc. | North Carolina | state | 2010 | $2,182,650 | tax credit/rebate | |
| CS Murphy Point, LLC | United States | federal | 2012 | $1,217,600 | federal grant | |
| North Carolina Renewable Properties, LLC | United States | federal | 2012 | $1,209,722 | federal grant | |
| Duke Energy Corporate Services, Inc. | North Carolina | state | 2015 | $1,189,228 | tax credit/rebate | |
| Murphy Farm Power, LLC | United States | federal | 2012 | $1,165,066 | federal grant | |
| Cinergy Corporation | Ohio | local | 2001 | $1,150,000 | grant | |
| Martins Creek Solar NC, LLC | United States | federal | 2012 | $1,108,350 | federal grant | |
| SEC Bellefonte SD Solar One, LLC | United States | federal | 2012 | $990,437 | federal grant | |
| Duke Energy Corporate Services, Inc. | North Carolina | state | 2016 | $903,286 | tax credit/rebate | |
| Duke Energy Corporate Services, Inc. | North Carolina | state | 2014 | $888,494 | tax credit/rebate | |
| DUKE ENERGY BUSINESS SERVICES LLC | United States | federal | 2017 | $559,121 | federal grant | |
| Duke Energy Corporate Services, Inc. | North Carolina | state | 2011 | $504,000 | tax credit/rebate | |
| CAROLINA POWER & LIGHT CO | United States | federal | 2001 | $182,591 | federal grant | |
| DUKE ENERGY BUSINESS SERVICES LLC | United States | federal | 2011 | $151,000 | federal grant | |
| DUKE ENERGY BUSINESS SERVICES LLC | United States | federal | 2013 | $136,544 | federal grant | |
| DUKE ENERGY BUSINESS SERVICES LLC | United States | federal | 2013 | $136,543 | federal grant | |
| DUKE ENERGY BUSINESS SERVICES LLC | United States | federal | 2012 | $20,823 | federal grant | |
| Duke Energy Ohio, Inc. | North Carolina | state | 2015 | $2,337 | tax credit/rebate | |
| Duke Energy Kentucky, Inc. | North Carolina | state | 2016 | $1,542 | tax credit/rebate | |
| Duke Energy Ohio, Inc. | North Carolina | state | 2016 | $1,496 | tax credit/rebate | |
| Duke Energy Ohio, Inc. | North Carolina | state | 2013 | $1,254 | tax credit/rebate | |
| Duke Energy Ohio, Inc. | North Carolina | state | 2013 | $1,254 | tax credit/rebate | |
| Duke Energy Ohio, Inc. | North Carolina | state | 2012 | $1,135 | tax credit/rebate | |
| Duke Energy Ohio, Inc. | North Carolina | state | 2012 | $1,135 | tax credit/rebate | |
| Duke Energy, Ocotillo Wind Power LLC | Texas | local | 2007 | undisclosed | tax credit/rebate | |
| Duke Energy Carolinas LLC | North Carolina | local | 2007 | undisclosed | grant |
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