Engaged In Political Participation
Duke Energy actively participates in the political process to ensure that local, state and federal lawmakers understand and consider the interests of the company and our customers, employees, shareholders and other stakeholders.
Duke Energy provides technical and financial expertise on proposed legislation to help lawmakers make informed decisions. In 2013, the company spent $7.240 million on reportable lobbying expenses (such as office space, salaries, consulting fees, event fees, etc.) at the federal and state levels to promote sound and responsible public policies. That amount includes $383,000 in trade association dues used for policy research, information gathering and federal lobbying.
In 2013, Duke Energy also contributed $550,000 to political organizations, such as the Republican and Democratic governors associations, that advocate for issues and mobilize voters but do not directly support or oppose candidates.
The company is legally prohibited from making direct contributions to candidates for U.S. federal political offices. It is similarly prohibited from making direct contributions to candidates for state offices in certain states. In 2013, in states where corporate contributions are allowed, Duke Energy gave $1.361 million to support candidates, political parties and other political organizations and activities.
Duke Energy’s Political Activity Policy addresses company compliance with laws and regulations governing political contributions, government contacts and lobbying activities.