COVID Stimulus Watch Individual Entry
Recipient Company:
DUKE ENERGY PROGRESS, INC.
Contract Amount:
$35,781,972
Recipient Details
Ownership Structure: publicly traded (ticker symbol DUK)
Facility Street Address: 410 S WILMINGTON ST
Facility City: RALEIGH
Facility State: NC
Facility Zip Code: 276011849
Facility Congressional District: NC-4
Facility NAICS Code: 221122 : Electric Power Distribution
Award Details
Award Date: May 16, 2019
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: UTILITIES- ELECTRIC
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Defense Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: Duke Energy
Headquartered in: North Carolina
Parent Sector: utilities and power generation
Parent Industry: utilities
Employees (prior to pandemic): 28,793
Accountability Issues Since 2010
Employment-related Penalties: $30,000,000
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $996,076,659
Consumer Protection / Financial / Competition-related Penalties: $4,605,000
Ratio of CEO Pay to that of Median Worker: 122 to 1
CEO Compensation: $15,029,386
Worker Median Pay: $123,608
Total Federal, State, and Local Subsidies: $968,465,949
Violation Tracker
Contracting Issues