What's growing? Renewable energy

What's growing? Renewable energy

More wind and solar, fewer emissions. Duke Energy increases its green power goals

To face a challenging future, Duke Energy is generating cleaner energy, modernizing the power grid and improving customer service. It’s all part of how Duke is focusing on sustainability to meet customers’ expectations. Here are seven sustainability trends:

Renewables get major bump. Duke Energy’s goal to own and purchase renewable energy got a 33 percent bump this year. The new goal is to own and purchase 8,000 megawatts of wind, solar and biomass by 2020. That’s enough to power about 2 million homes. At the end of 2015, Duke owned 4,400 megawatts. Bottom line: More renewables are on the way.

CO2 emissions are going down. Duke Energy continues to be a cleaner company. In 2015, overall carbon dioxide emissions from power generation were 28 percent below what they were 10 years ago – and about 6 percent less than in 2014.

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So is carbon.  The amount of carbon dioxide released per kilowatt-hour (kWh) of electricity produced is 23 percent lower than 10 years ago. That means each kWh of electricity is cleaner than before.

Shining brightly, saving people money. Since 2009, Duke Energy has provided more than 70 million discounted energy-efficient lighting products to customers. Chances are good Duke Energy customers have a compact fluorescent or LED lightbulb in their home thanks to Duke-run programs.

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You don't have to love your electric bill. But Duke Energy’s price per kWh of electricity is lower than the national average in all six states the company serves retail customers.

Take this job and love it. Since 2013, Duke Energy has helped its communities attract more than 37,000 jobs and more than $10 billion in capital investment.

Those young whippersnappers. Duke's millennial employee population rose to nearly 19 percent of the workforce compared with nearly 15 percent a year ago. In related news, Duke Energy got an Instagram account in 2015. Can Snapchat be far behind?

Editor’s note: This information and a great deal more is featured in "Generation/next," Duke Energy's 10th annual Sustainability Report. It provides an overview and data on the company’s performance in its four focus areas – customers, growth, operations and employees. 

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