The past president of Progress Energy testified that Progress was headed toward a deep hole and even had to force Duke to take the merger when Duke showed good reason to back away. What does the Energy Commission think they will do? I say nothing but drive up our costs for electricity.
Nobody including the commission will tell Duke how they will run their business short of federal environmental issues. What can they do turn off the lights, apply penalties, spank the board? I say the Duke Energy Board of Directors could give a rats ass what the energy commission thinks or what they decide in the matter of how the merger has taken place.
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