Winter 2026, Spring 2026
Engineering Co-op Spring 2026
Posted on 10/31/2025
Duke Energy
10,001+ employees
Electricity and natural gas utility provider
No salary listed
No H1B Sponsorship
Plainfield, IN, USA + 12 more
More locations: Bedford, IN, USA | Raleigh, NC, USA | Goldsboro, NC, USA | Ocala, FL, USA | Terre Haute, IN, USA | Charlotte, NC, USA | Florence, KY, USA | Lake Mary, FL, USA | Evansville, IN, USA | Noblesville, IN, USA | Cincinnati, OH, USA | Asheville, NC, USA
Hybrid
Hybrid role—remote plus onsite after onboarding; must reside within a reasonable commute to the facility.
 Mechanical Engineering (3) |
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- Enrolled and pursuing an ABET-accredited Bachelor’s or Master’s degree in Mechanical, Civil, Chemical, Electrical, Industrial & Systems, Aerospace, Computer Engineering OR enrolled and pursuing a Bachelor’s or Associate's degree in Engineering Technology, Construction Management or Computer Aided Drafting & Design
- Must not graduate prior to May 2026
- Cumulative college GPA of 2.75 or higher
- Transmission: As a co-op, you will work with staff engineers to manage equipment reliability and perform analysis and design of transmission lines and structures, protection and controls systems, and physical/electrical components within Duke Energy’s transmission system.
- Distribution: You will undertake short-term responsibilities in various groups including electric distribution design, distribution system planning, distribution system operations, distribution asset management or distribution project management; you will work with staff engineers to manage/maintain equipment, assist with grid planning and sectionalization, complete designs for equipment install/replacement, and provide oversight of the distribution system.
- Project Management & Construction (PMC): You will work with PMC engineers and project managers to develop, design, construct and startup of renewable solar and bulk energy storage, new simple and combined cycle turbines, as well as projects for advanced nuclear, pumped storage hydro, and other emerging technologies; office and field construction assignments available.
- Regulated and Renewable Energy (RRE): You will gain exposure to projects for generation facility safety, efficiencies, system performance, reliability, cost and environmental compliance; knowledge of plant systems engineering and maintenance, including pumps, motors, control systems, heat performance, motors, switch gears, turbines, generators, system inspections, calibrations and equipment performance.
- Cumulative GPA of 3.0 or higher
- Ability to work a minimum of two non-contiguous co-op sessions.
- Demonstrated technical proficiency in CAD tools, MFAD, STAAD Pro, MATLAB, PSS/E, Power World
- Previous engineering work experience
- Demonstrated excellent written and oral communication skills.
- Demonstrated ability to provide the quantity and quality of work necessary to reach an accomplishment.
- Demonstrated leadership qualities through effective decision making.
- Works effectively with others from diverse backgrounds to achieve common goal.
- Ability to deliver superior results within allocated time through effective prioritization, scheduling, planning and execution of assigned work.
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
Simplify's Take
What believers are saying
- Q1 2026 earnings beat with $1.93 EPS and $9.18 billion revenue drives Mizuho's $139 target.
- $6 billion Brookfield investment in Duke Energy Florida funds $87 billion capex plan.
- Multi-gigawatt data center agreements support $103 billion five-year capital expansion.
What critics are saying
- NextEra Energy captures data center contracts eroding Duke's clean energy market share.
- South Carolina PSC denies cost recovery on $103 billion capex inflating financing costs.
- FERC rejects transmission rate hikes stranding $16 billion Florida grid investments.
What makes Duke Energy unique
- Duke Energy serves 8.9 million electric customers across six states with regulated returns.
- Duke operates Robinson Nuclear Plant through 2050 after NRC license renewal in April 2026.
- Duke uses drones for infrastructure maintenance enhancing safety and efficiency.
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Benefits
Hybrid Work Options
Relocation Assistance
Company News
V Square Quantitative Management has purchased a new stake of 5,753 shares in Duke Energy Corporation, valued at approximately $674,000, according to a recent SEC filing. The investment was made during the fourth quarter. Duke Energy is one of the largest electric power holding companies in the United States, serving millions of customers across the Carolinas, Florida, Indiana, Ohio and Kentucky. The purchase represents institutional confidence in the utility provider's financial stability and growth potential. Other large investors have also recently adjusted their holdings in Duke Energy, with mixed activity across the institutional investor landscape. The investment signals continued confidence in the utility sector despite broader market volatility.
Duke Energy has received approval from South Carolina's Public Service Commission to build a 1,365 MW natural gas plant in Anderson County, whilst completing the $2.48 billion sale of its Tennessee Piedmont Natural Gas distribution business to Spire. The moves represent a strategic shift, exiting non-core distribution markets whilst investing in regulated generation under South Carolina's Energy Security Act. The sale proceeds will support Duke's $103 billion five-year regulated capital plan, which now includes the Anderson County plant. The company's narrative projects $36.7 billion revenue and $6.2 billion earnings by 2029, requiring 4.9% annual revenue growth. However, investors face risks around regulatory pushback on cost recovery and the balance between heavy capital requirements and an already stretched balance sheet.
Duke Energy reported fourth-quarter 2025 earnings of $1.50 per share, missing the Zacks Consensus Estimate of $1.51 by 0.6% and declining 9.6% year over year. However, shares have risen 3.9% in the month since the earnings report. Total operating revenues reached $7.94 billion, beating estimates by 3.9% and increasing 7.9% from the prior year. Full-year 2025 adjusted earnings were $6.31 per share, up from $5.90 in 2024. Operating expenses rose 11% year over year to $5.83 billion, driven by higher costs for natural gas, operations and maintenance. Electric sales volume increased 2.3% whilst the average customer count grew 1.5%. The Electric Utilities & Infrastructure segment reported adjusted earnings of $1.21 billion, down from $1.24 billion in the year-ago quarter.
Duke Energy shares fell 1.1% to $131.01 after the utility announced a private offering of $1 billion in convertible bonds due 2029. The Charlotte, North Carolina-based company plans to use proceeds to repay part of its $1.725 billion in 4.125% convertible bonds maturing in April 2026, along with general corporate purposes. Duke Energy has a market capitalisation of approximately $102 billion. Last month, the company increased its five-year capital expenditure plan to $103 billion to address rising power demand from data centres.
Duke Energy Corporation, America's largest regulated electric utility serving 8.9 million electric customers across six states, presents a steady income-focused investment case built on regulated returns and dividend reliability, according to an analysis by Serhio MaxDividends. The company pays a $4.26 annual dividend yielding 3.53%, backed by 20 consecutive years of increases. Third-quarter 2025 revenues reached $8.54 billion, up roughly 4.8% year-over-year, with GAAP earnings per share of $1.81 beating expectations. Duke is positioned to benefit from accelerating demand growth of 3–4% through the decade, driven by data centres and manufacturing expansion. The company has announced a $16 billion five-year capital expenditure plan and recently sold a $6 billion stake in Duke Energy Florida to Brookfield to strengthen its balance sheet.