Introduction

Corporate Profile

U.S. Franchised Electric and Gas

U.S. Franchised Electric and Gas (USFE&G) consists of Duke Energy’s regulated generation, electric and gas transmission and distribution systems. USFE&G’s generation portfolio is a balanced mix of energy resources having different operating characteristics and fuel sources.

Electric Operations

Owns approximately 27,000 megawatts (MW) of generating capacity
Service area covers about 50,000 square miles with an estimated population of 11 million
Service to approximately 4 million residential, commercial and industrial customers
Over 151,600 miles of distribution lines and a 20,900-mile transmission system

Gas Operations

Regulated natural gas transmission and distribution services to approximately 500,000 customers in southwestern Ohio and northern Kentucky

Commercial Power

Commercial Power provides energy generation and related services for customers throughout the U.S. Commercial Power’s business units own and operate a balanced portfolio of approximately 7,550 net MW of generation, exclusive of wind energy assets.

Duke Energy Generation Services (DEGS), a Commercial Power subsidiary, is a leader in developing innovative renewable energy solutions, including wind, solar and biopower projects. DEGS builds, owns and operates electric generation for large energy consumers, municipalities, utilities and industrial facilities. DEGS owns and operates 735 MW of wind energy – a figure that will rise to nearly 1,000 MW by the end of 2010. DEGS is also working to build commercial transmission capacity to help the U.S. meet its energy needs of the future.

Duke Energy Retail Sales, another Commercial Power business unit, serves retail electric customers in Ohio with generation and other energy services at competitive rates.

Duke Energy International

Duke Energy International (DEI) operates and manages power generation facilities and engages in sales and marketing of electric power and natural gas outside the U.S. DEI’s activities target power generation in Latin America. DEI also has an equity investment in National Methanol Co. in Saudi Arabia, a regional producer of MTBE, a gasoline additive.

Owns, operates or has substantial interests in approximately 4,000 net MW of generation facilities.
About 75 percent of DEI’s generating capacity is hydroelectric.