Political engagement informs policymakers about our preparations for the future
Duke Energy actively participates in the political process so local, state and federal lawmakers understand and consider the interests of the company, its customers, employees, shareholders, communities and other stakeholders when developing public policies. Duke Energy provides technical and intellectual expertise on potential costs, benefits and impacts of proposed policies to help lawmakers make educated decisions.
In 2015, the company’s reportable federal lobbying expenses (e.g., office space, salaries, consulting fees, event fees, etc.) included nearly $892,4301 in trade association dues used for policy research, information gathering and federal lobbying by organizations such as EEI and the Nuclear Energy Institute. In 2015, Duke Energy also contributed approximately $945,4852 to political organizations, such as the Republican and Democratic governors associations, which advocate for policies 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. In certain states, it is similarly prohibited from making direct contributions to candidates for state office.
Duke Energy’s Political Activity Policy requires company compliance with laws and regulations governing political contributions, government contacts and lobbying activities.
Duke Energy employees participate in the political process through DUKEPAC and Voices In Politics. DUKEPAC is a voluntary, nonpartisan political action committee that contributes to federal and state candidates. The committee pools employee contributions to support political candidates who support policies important to Duke Energy employees, customers, shareholders, the communities the company serves and other stakeholders. Such policies could involve utility industry structure; nuclear, coal, natural gas, hydro, wind or solar electricity generation; energy efficiency; environmental issues; tax reform or employee benefits (e.g., health insurance). DUKEPAC contributed $876,100 to state and federal candidates and political organizations in 2015.
Voices In Politics is Duke Energy’s grassroots education and advocacy network. It educates employees on political and policy issues and encourages them to become active in the political process by supporting or opposing policies that could affect the company. The network occasionally issues a “call to action” regarding pending legislation that could affect the company’s operations, employees or stakeholders.