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March 06, 2015 3:08 PM ET

Electric Utilities

Company Overview of Duke Energy Ohio, Inc.

Company Overview

Duke Energy Ohio, Inc., together with its subsidiaries, operates as an electric and gas public utility company. The company operates in two segments, Regulated Utilities and Commercial Power. The Regulated Utilities segment transmits and distributes electricity in Ohio; generates, transmits, distributes, and sells electricity in Kentucky; and transports and sells natural gas in Ohio and Kentucky. This segment covers an area of 3,000 square miles and supplies electric service to 830,000 residential, commercial, and industrial customers over 19,500 miles of distribution lines, as well as a 2,500 mile transmission system in Ohio and Kentucky; operates 300 electric transmission and distribution ...

139 East Fourth Street

Cincinnati, OH 45202

United States

Founded in 1837



Key Executives for Duke Energy Ohio, Inc.

Chief Executive Officer and Director
Age: 54
Chief Financial Officer and Executive Vice President
Age: 55
President of US Franchised Electric & Gas and Chief Operating Officer of US Franchised Electric & Gas
Age: 54
President of Office of Nuclear Development
Age: 65
Chief Accounting Officer and Vice President
Age: 39
Compensation as of Fiscal Year 2014.

Duke Energy Ohio, Inc. Key Developments

Duke Energy Corporation, Duke Energy Carolinas, LLC, Duke Energy Florida, Inc., Duke Energy Indiana, Inc., Duke Energy Kentucky, Inc., Duke Energy Ohio, Inc., and Duke Energy Progress, Inc., Enter into Amendment to the Credit Agreement

On January 30, 2015, Duke Energy Corporation and its wholly-owned subsidiaries, Duke Energy Carolinas, LLC, Duke Energy Florida, Inc., Duke Energy Indiana, Inc., Duke Energy Kentucky, Inc., Duke Energy Ohio, Inc., and Duke Energy Progress, Inc., entered into an amendment to the $6,000,000,000 Credit Agreement, dated as of November 18, 2011 and as amended on December 18, 2013, among the Corporation and each of such subsidiaries, as Borrowers, the lenders listed therein, Wells Fargo Bank, National Association, as Administrative Agent and Swingline Lender. The credit facility was originally described and filed in the Corporation's Form 8-K dated November 25, 2011. The amendment was entered into primarily to increase the maximum aggregate borrowing amount available to the Borrowers to $7,500,000,000, and to extend the termination date of the facility from December 2018 to January 30, 2020.

Duke Energy Ohio Reports Unaudited Sales Results for the Second Quarter and Six Months Ended June 30, 2014

Duke Energy Ohio reported unaudited sales results for the second quarter and six months ended June 30, 2014. For the quarter, sales were 5,824 GWh against 5,800 GWh last year. For the six months, sales were 12,303 GWh against 11,978 GWh last year.

Duke Energy Ohio, Inc. Announces Revenue Results for the Fourth Quarter and Full Year Ended December 31, 2013

Duke Energy Ohio, Inc. announced revenue results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total electric sales of $5,990 million against $5,774 million a year ago. For the year, the company reported total electric sales of $24,557 million against $24,344 million a year ago.

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