Duke Energy 2012 Annual Report Download - page 6

Duke Energy Corporation 2012 Annual Report
Sandy ripped through the northern and mid-
Atlantic states last fall, leaving millions in the dark.
We were able to send nearly 3,000 employees
and contractors to help other utilities restore power
in eight states.
Duke Energy employees were heroes to the
customers they helped. One morning in Dover, N.J.,
our crews found sticky notes attached to 50 Duke
Energy trucks in a staging area. The notes had
handwritten messages such as “Thanks for the help!
Love, Jersey.” Imagine what that gesture meant to
our crews working long hours far from home.
For communities
Our mission goes beyond providing an essential
service to customers. We also promote the vitality
and success of the communities where our
employees live and work. Duke Energy benefits
when our communities prosper.
The employees of this company are actively
involved in helping their communities, on and off
the job. Each year we make significant contributions
through the philanthropy of The Duke Energy
Foundation, and the volunteerism and civic
leadership of our employees and retirees.
Our company also plays an instrumental role in
fostering job creation in our communities. In 2012
Duke Energy, along with what Progress Energy
accomplished earlier in the year, helped to attract
more than $3.5 billion in investment in new
and expanded businesses in our service areas,
representing approximately 13,000 jobs.
For a record 14th year, Site Selection magazine
in 2012 recognized Duke Energy as being among
the nation’s 10 best utility companies in promoting
economic development. With the merger, we are
even better positioned to recruit new businesses to
our communities.
The same magazine ranked all six retail-customer
states Duke Energy serves in the top 12 states in
the nation for business climate.
Along with other community partners, we announced
last year an initiative to expand the successful
Charlotte energy hub (more than 20,000 energy-
related jobs) into a broader regional energy cluster
called E4 Carolinas. This collaborative effort aims
to stimulate growth in the Carolinas in energy
manufacturing, engineering, research and innovation.
For investors
Another major driving force for the merger was to
increase the investment value for our shareholders.
It’s working.
From merger announcement in January 2011
through the end of 2012, Duke Energy’s total
Customers and communities
$687m
On track to deliver
$687 million in merger-
related savings
$3.5 bAttracted more than
$3.5 billion in investments
to local economies
21%
Decreased CO2 emissions
by 21% since 2005
Duke Energy Corporation 2012 Annual Report
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