Duke Energy
Electricity and natural gas utility provider
Mechanic
Periodic travel of 5–15% is required.
About the job
- At least 2 years of work experience in a journeyman mechanic position, including 1 year in a power plant or related industry.
- Understanding of power plant dynamics.
- Ability to climb and work in high places.
- Ability to work around rotating equipment and high-pressure power plant systems.
- Ability to work in confined spaces.
- Ability to wear personal protective equipment.
- Ability to work safely and efficiently around energized circuits and in hot, cold, and dusty environments, including occasional long hours and weekends.
- Must not be impaired by color blindness.
- Ability to pass the switching and tagging test.
- Perform journeyman-level installation, repair, and maintenance of facility mechanical support equipment, systems, and components, as well as duties of lower classifications in the progression.
- Perform corrective and preventive mechanical maintenance tasks; interpret design drawings and operation and maintenance manuals to locate and diagnose equipment, component, and system problems; and replace worn, damaged, or failed equipment and components.
- Repair mechanical units for turbine generators using proper tools and equipment.
- Repair the mechanical and hydraulic systems of boiler feed pumps, including aligning couplings and repairing bearings and other parts as necessary.
- Repair condensate and circulating water systems, including checking clearances, aligning couplings, and repairing traveling screens where necessary.
- Repair component parts of fans, including aligning couplings and repairing or replacing bearings.
- Identify and repair plant component parts and systems, including feed water, hydraulic, fuel handling, pumps and pumping, lubricating, fuel oil, fire, valves, packing, condensers, and piping systems.
- Perform emergency repairs to systems, equipment, and components, and record their as-found and repaired conditions.
- Assist Engineering with modifications and revisions to plant systems, equipment, and components.
- Conduct required inspections and post-maintenance testing to complete work packages and return systems, equipment, and components to operational condition.
- Assist other crafts with mechanical maintenance tasks beyond the maintenance department's capability and provide technical support.
- Maintain accountability for property, tools, and maintenance equipment.
- Perform preventive maintenance tasks using predetermined checklists.
- Perform other assigned duties.
- At least 2 years of work experience in a journeyman mechanic position, including 1 year in a power plant or related industry.
- Effective oral and written communication skills.
About the company
Duke Energy provides electricity and natural gas to residential, commercial, and industrial customers across the United States by generating, transmitting, and distributing energy. It uses a mix of traditional sources like coal and nuclear and growing wind and solar projects, supported by grid infrastructure and technologies such as drones to keep operations safe and efficient. Customers are billed for their energy use, with rates set by government regulators and programs to help manage bills and improve energy efficiency. Its goal is to deliver dependable, cleaner energy while expanding renewable capacity and serving communities through diverse, inclusive practices.
Company Size
10,001+
Company Stage
IPO
Headquarters
Charlotte, North Carolina
Founded
1904
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Simplify's Take
What believers are saying
- AI-driven electricity demand lifted Duke’s late-stage pipeline to 15 GW by 2026.
- DOE grants totaling nearly $96 million reduce costs for coal and grid upgrades.
- Q2 2026 EPS of $1.43 beat estimates, reinforcing execution despite higher financing costs.
What critics are saying
- North Carolina regulators still decide 2027 rates, and families face 9.3% higher bills.
- August 2026 $1.75 billion equity units offering signals persistent dilution through 2030.
- Data-center load rules remain contested; Jeff Jackson wants separate tariffs before January 2027.
What makes Duke Energy unique
- Regulated monopoly across 8.7 million customers shields Duke Energy from direct retail competition.
- Robinson’s 20-year NRC renewal through 2050 extends cash-generating nuclear assets.
- $103 billion five-year plan and 7.6 GW signed data-center load deepen utility scale.
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Benefits
Hybrid Work Options
Relocation Assistance
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 3%2 year growth
↑ 3%Duke Energy Progress has agreed to reduce its proposed rate increase for customers in eastern North Carolina and the Asheville area from 15.1% to 9.3% over two years. The average residential customer will pay an additional $9.62 per month starting January, plus $5.89 more beginning January 2028. The settlement also caps Duke's return on equity at 9.8%. This follows significant pushback from state leaders and customers after Duke Energy reported $5 billion in profits in 2025 and over $1 billion in net income last quarter. The North Carolina Utilities Commission will review the proposal starting 11 August, with a final decision expected this autumn. Duke Energy Carolinas previously lowered its rate increase to 9.5%. Both Duke utilities will merge into one by 1 January 2026.
Duke Energy announced a $1.75 billion equity units offering, launching 35 million units priced at $50 each. The stock fell 1.7% in morning trading, opening at $123.50 and dropping to an intraday low of $122.78 from a previous close of $124.85. The company said proceeds will refinance debt and repay commercial paper. The offering forms part of a broader $10 billion equity issuance plan through 2030, which analysts have identified as an ongoing source of shareholder dilution. Recent sentiment has been pressured by Barclays and BMO Capital reducing price targets following Duke Energy's Q2 earnings. The utility sector has posted limited gains in 2026, with defensive stocks lagging amid risk-neutral market conditions ahead of upcoming inflation data releases.
Duke Energy reported second-quarter 2026 earnings of $1.43 per share, beating analyst expectations of $1.32 and up 14% from $1.25 a year earlier. Revenue rose to $7.59 billion from $7.51 billion, narrowly missing forecasts of $7.61 billion. The company maintained its full-year guidance of $6.55 to $6.80 per share. Chief executive Harry Sideris highlighted strong operational performance and constructive regulatory outcomes. The Electric Utilities and Infrastructure segment generated adjusted income of $1.31 billion, compared with $1.19 billion in the prior year. Earnings growth was driven by infrastructure investment recovery, partially offset by higher depreciation and interest costs. Duke Energy serves 8.7 million electricity customers across six US states.
NextEra Energy has proposed a $67 billion all-stock merger with Dominion Energy to create the world's largest regulated electric utility. The deal would combine Dominion's operations across Virginia, North Carolina, and South Carolina with NextEra's Florida footprint, serving over 10 million customers with 110 gigawatts of generation capacity and a $138 billion rate base. NextEra, currently the largest US electric utility and a leading wind and solar producer, reported a 31% net income margin for the quarter ended March 2026. The company's revenues have been volatile due to its renewable energy division, which is affected by spot price fluctuations and project timing. Meanwhile, Duke Energy recently sold its Tennessee Piedmont Natural Gas business to Spire and reported a 17% net income margin for the same quarter. The merger is expected to drive annualised adjusted EPS growth of at least 9% through 2032.
Duke Energy has launched an AI-powered Bill Insights feature in its mobile app for customers in the Carolinas. The tool provides personalised, plain-language explanations of monthly energy bills, particularly focusing on higher summer usage. The utility company's shares are trading at $128.33, with a 9.3% return year-to-date. Duke Energy is introducing this digital feature as part of a broader move towards data-driven customer support in the utility sector. The AI tool aims to reduce call volumes and improve customer satisfaction whilst Duke Energy pursues substantial capital spending projects, including nuclear licence reviews and data centre developments. The feature provides clearer bill breakdowns that could help manage customer expectations during planned rate increases for infrastructure programmes.