v3.26.1
Revenue (Tables)
 3 Months Ended
Mar. 31, 2026
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 March 31, 2026:
Remaining Performance Obligations
(in millions)20262027202820292030ThereafterTotal
Duke Energy Carolinas$9 $12 $12 $— $— $— $33 
Progress Energy33 43 13 13 15 29 146 
Duke Energy Progress4 6 6 6 8 14 44 
Duke Energy Florida29 37 7 7 7 15 102 
Duke Energy Indiana3 2 — — — — 5 
Estimated remaining performance obligations as of March 31, 2026, are as follows:
Remaining Performance Obligations
(in millions)20262027202820292030ThereafterTotal
Piedmont$40 $48 $45 $44 $42 $109 $328 
Disaggregation of Revenue
Disaggregated revenues are presented as follows:
Three Months Ended March 31, 2026
DukeDukeDukeDukeDuke
(in millions)DukeEnergyProgressEnergyEnergyEnergyEnergy
By market or type of customerEnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Electric Utilities and Infrastructure
   Residential$3,619 $1,160 $1,738 $875 $863 $302 $420 $— 
Commercial
2,030 699 911 444 467 153 267 — 
   Industrial827 327 264 186 78 34 204 — 
   Wholesale870 166 600 525 75 60 43 — 
   Other revenues330 339 296 201 95 27 11 — 
Total Electric Utilities and Infrastructure revenue from contracts with customers$7,676 $2,691 $3,809 $2,231 $1,578 $576 $945 $— 
Gas Utilities and Infrastructure
   Residential$790 $— $— $— $— $213 $— $577 
   Commercial374 — — — — 83 — 291 
   Industrial62 — — — — 16 — 46 
   Power Generation— — — — — — — 9 
   Other revenues88 — — — — 4 — 88 
Total Gas Utilities and Infrastructure revenue from contracts with customers$1,314 $— $— $— $— $316 $— $1,011 
Other
Revenue from contracts with customers$5 $— $— $— $— $— $— $— 
Total Revenue from contracts with customers$8,995 $2,691 $3,809 $2,231 $1,578 $892 $945 $1,011 
Other revenue sources(a)
$183 $75 $116 $70 $43 $(13)$21 $— 
Total operating revenues
$9,178 $2,766 $3,925 $2,301 $1,621 $879 $966 $1,011 
Three Months Ended March 31, 2025
DukeDukeDukeDukeDuke
(in millions)DukeEnergyProgressEnergyEnergyEnergyEnergy
By market or type of customerEnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Electric Utilities and Infrastructure
   Residential$3,403 $1,127 $1,614 $820 $794 $282 $379 $— 
Commercial
1,921 701 845 415 430 142 233 — 
   Industrial823 334 267 193 74 33 187 — 
   Wholesale670 149 443 404 39 22 57 — 
   Other revenues236 180 239 163 76 18 (1)— 
Total Electric Utilities and Infrastructure revenue from contracts with customers$7,053 $2,491 $3,408 $1,995 $1,413 $497 $855 $— 
Gas Utilities and Infrastructure
   Residential$706 $— $— $— $— $186 $— $520 
   Commercial322 — — — — 70 — 252 
   Industrial55 — — — — 16 — 39 
   Power Generation— — — — — — — 24 
   Other revenues74 — — — — 6 — 53 
Total Gas Utilities and Infrastructure revenue from contracts with customers$1,157 $— $— $— $— $278 $— $888 
Other
Revenue from contracts with customers$8 $— $— $— $— $— $— $— 
Total Revenue from contracts with customers$8,218 $2,491 $3,408 $1,995 $1,413 $775 $855 $888 
Other revenue sources(a)
$31 $33 $59 $23 $31 $(9)$3 $(31)
Total operating revenues
$8,249 $2,524 $3,467 $2,018 $1,444 $766 $858 $857 
(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.
Reserve for Credit Losses for Trade and Other Receivables
The following table presents the reserve for credit losses for trade and other receivables.
Three Months Ended March 31, 2025 and 2026
DukeDukeDukeDukeDuke
DukeEnergyProgressEnergyEnergyEnergyEnergy
(in millions)EnergyCarolinasEnergyProgressFloridaOhioIndianaPiedmont
Balance at December 31, 2024$207 $69 $73 $44 $29 $43 $15 $7 
Write-Offs(29)(14)(15)(8)(7)— — — 
Credit Loss Expense14 5 8 5 3 1 — — 
Other Adjustments9 4 1 1 — 2 2 — 
Balance at March 31, 2025$201 $64 $67 $42 $25 $46 $17 $7 
Balance at December 31, 2025$194 $55 $65 $38 $27 $51 $15 $6 
Write-Offs(27)(7)(10)(6)(4)(7)(2)(1)
Credit Loss Expense35 10 10 7 3 8 3 4 
Other Adjustments(1)(1)— — — — — — 
Balance at March 31, 2026$201 $57 $65 $39 $26 $52 $16 $9