XML 152 R98.htm IDEA: XBRL DOCUMENT v3.25.4
Revenue (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction Supplemental requirements contracts that include contracted blocks of energy and capacity at contractually fixed prices have the following estimated remaining performance obligations as of December 31, 2025:
Remaining Performance Obligations
(in millions)20262027202820292030ThereafterTotal
Duke Energy Carolinas$12 $12 $12 $— $— $— $36 
Progress Energy43 43 13 13 14 29 155 
Duke Energy Progress14 45 
Duke Energy Florida37 37 15 110 
Duke Energy Indiana17 15 — — — 37 
Estimated remaining performance obligations as of December 31, 2025, are as follows:
Remaining Performance Obligations
(in millions)20262027202820292030ThereafterTotal
Piedmont$54 $48 $45 $44 $42 $109 $342 
Disaggregation of Revenue Disaggregated revenues are presented as follows:
Year Ended December 31, 2025
DukeDukeDukeDukeDuke
(in millions)DukeEnergyProgressEnergyEnergyEnergyEnergy
By market or type of customerEnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Electric Utilities and Infrastructure
Residential$13,756 $4,124 $7,067 $2,965 $4,102 $1,116 $1,450 $ 
Commercial
8,337 2,885 3,825 1,732 2,093 603 1,024  
Industrial3,423 1,422 1,065 750 315 142 794  
Wholesale2,402 621 1,475 1,353 122 92 218  
Other revenues945 449 870 512 358 68 25  
Total Electric Utilities and Infrastructure revenue from contracts with customers$28,863 $9,501 $14,302 $7,312 $6,990 $2,021 $3,511 $ 
Gas Utilities and Infrastructure
Residential$1,596 $ $ $ $ $496 $ $1,100 
Commercial808     181  627 
Industrial190     44  146 
Power Generation       34 
Other revenues256     25  255 
Total Gas Utilities and Infrastructure revenue from contracts with customers$2,850 $ $ $ $ $746 $ $2,162 
Other
Revenue from contracts with customers$28 $ $ $ $ $ $ $ 
Total revenue from contracts with customers$31,741 $9,501 $14,302 $7,312 $6,990 $2,767 $3,511 $2,162 
Other revenue sources(a)
$496 $212 $207 $74 $115 $30 $33 $75 
Total revenues$32,237 $9,713 $14,509 $7,386 $7,105 $2,797 $3,544 $2,237 
Year Ended December 31, 2024
DukeDukeDukeDukeDuke
(in millions)DukeEnergyProgressEnergyEnergyEnergyEnergy
By market or type of customerEnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Electric Utilities and Infrastructure
Residential$12,901 $4,150 $6,592 $2,872 $3,720 $1,009 $1,149 $— 
Commercial
8,207 3,080 3,718 1,754 1,964 590 818 — 
Industrial3,427 1,488 1,066 742 324 149 724 — 
Wholesale2,205 547 1,414 1,268 146 51 194 — 
Other revenues1,029 350 674 343 331 89 107 — 
Total Electric Utilities and Infrastructure revenue from contracts with customers$27,769 $9,615 $13,464 $6,979 $6,485 $1,888 $2,992 $— 
Gas Utilities and Infrastructure
Residential$1,320 $— $— $— $— $427 $— $893 
Commercial639 — — — — 153 — 486 
Industrial158 — — — — 33 — 125 
Power Generation— — — — — — — 33 
Other revenues126 — — — — 26 — 100 
Total Gas Utilities and Infrastructure revenue from contracts with customers$2,243 $— $— $— $— $639 $— $1,637 
Other
Revenue from contracts with customers$38 $— $— $— $— $— $— $— 
Total revenue from contracts with customers$30,050 $9,615 $13,464 $6,979 $6,485 $2,527 $2,992 $1,637 
Other revenue sources(a)
$307 $103 $169 $38 $110 $18 $48 $92 
Total revenues$30,357 $9,718 $13,633 $7,017 $6,595 $2,545 $3,040 $1,729 
Year Ended December 31, 2023
DukeDukeDukeDukeDuke
(in millions)DukeEnergyProgressEnergyEnergyEnergyEnergy
By market or type of customerEnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Electric Utilities and Infrastructure
Residential$12,098 $3,409 $6,510 $2,540 $3,970 $947 $1,233 $— 
Commercial
7,895 2,670 3,762 1,588 2,174 552 911 — 
Industrial3,416 1,334 1,105 733 372 191 786 — 
Wholesale2,175 492 1,388 1,240 148 46 248 — 
Other revenues962 318 590 325 265 93 157 — 
Total Electric Utilities and Infrastructure revenue from contracts with customers$26,546 $8,223 $13,355 $6,426 $6,929 $1,829 $3,335 $— 
Gas Utilities and Infrastructure
Residential$1,226 $— $— $— $— $435 $— $792 
Commercial605 — — — — 154 — 450 
Industrial141 — — — — 26 — 115 
Power Generation— — — — — — — 31 
Other revenues119 — — — — 24 — 95 
Total Gas Utilities and Infrastructure revenue from contracts with customers$2,091 $— $— $— $— $639 $— $1,483 
Other
Revenue from contracts with customers$37 $— $— $— $— $— $— $— 
Total revenue from contracts with customers$28,674 $8,223 $13,355 $6,426 $6,929 $2,468 $3,335 $1,483 
Other revenue sources(a)
$386 $65 $189 $62 $107 $39 $64 $145 
Total revenues$29,060 $8,288 $13,544 $6,488 $7,036 $2,507 $3,399 $1,628 
(a)    Other revenue sources include revenues from leases, derivatives and alternative revenue programs that are not considered revenues from contracts with customers. Alternative revenue programs in certain jurisdictions include regulatory mechanisms that periodically adjust for over or under collection of related revenues.
Accounts Receivable, Allowance for Credit Loss
The following table presents the reserve for credit losses for trade and other receivables.
DukeDukeDukeDukeDuke
DukeEnergyProgressEnergyEnergyEnergyEnergy
(in millions)EnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Balance at December 31, 2022$213 $68 $81 $44 $36 $$$11 
Write-Offs(162)(71)(84)(41)(42)— — (8)
Credit Loss Expense99 35 48 12 37 
Other Adjustments52 24 29 29 — — — — 
Balance at December 31, 2023$202 $56 $74 $44 $31 $$$
Write-Offs(131)(55)(73)(45)(28)— — (3)
Credit Loss Expense97 39 51 25 26 
Other Adjustments39 29 21 20 — 31 — 
Balance at December 31, 2024$207 $69 $73 $44 $29 $43 $15 $
Write-Offs(164)(52)(62)(37)(25)(21)(13)(17)
Credit Loss Expense106 26 39 16 23 15 13 14 
Other Adjustments45 12 15 15  14  2 
Balance at December 31, 2025$194 $55 $65 $38 $27 $51 $15 $6