Duke Energy chairman to appear before Fla. PSC


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Submitted: Wed, 07/18/2012 - 6:19pm
Updated: Wed, 07/18/2012 - 6:20pm By:

TALLAHASSEE, FL (AP) — State utility regulators are looking for answers to the question of how the merger of Progress Energy and Duke Energy will affect Florida consumers.

The Public Service Commission on Tuesday said Duke Energy CEO Jim Rogers has been asked to appear before the five-member panel on Aug. 13 in Tallahassee.

The North Carolina-based company, now the nation’s largest electric utility, serves parts of north and central Florida including St. Petersburg.

The merged company inherited Progress Energy Florida’s troubled Crystal River nuclear power plant. It’s in a prolonged shutdown due to a crack that occurred in a containment building in during an upgrade and maintenance project in 2009.

Rogers told North Carolina regulators last week that Duke’s directors were disappointed in the Crystal River situation and with Progress’ financial performance.

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