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Duke Energy

Duke Energy seeks to pass along merger savings

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Duke Energy is asking North Carolina and South Carolina regulators for permission to give customers the first of the savings they've been promised from the merger with Progress Energy. Full story...
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Core drama at largest US electric company lingers

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The investigations into whether regulators and consumers were misled ahead of the merger of North Carolina's two Fortune 500 energy companies could continue quietly for months after a deadline arrives next week. Full story...
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NRC warns of problems at Catawba Nuclear Station

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Federal inspectors have told Charlotte-based Duke Energy they've found safety problems at the Catawba Nuclear Station in York County, SC. Full story...
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Duke Energy chairman to appear before Fla. PSC

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State utility regulators are looking for answers to the question of how the merger of Progress Energy and Duke Energy will affect Florida consumers. Full story...
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Duke to NC regulators: CEO's term not guaranteed

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The man unexpectedly appointed as Duke Energy's CEO says the executive who was supposed to hold the top job was dumped minutes after creating the United States' largest electric company. Full story...
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NC utility probe of Duke merger to detail CEO move

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Investors and consumers may get some explanation from Duke Energy's surprise CEO when he's grilled by North Carolina regulators who also review the company's rate increase requests. Full story...
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Ex-Progress Energy directors upset with CEO change

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Former board members of Progress Energy are upset the chief executive of their company, Bill Johnson, was ousted as head of Duke Energy just hours after the companies merged. Full story...
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Progress CEO out, gets up to $10.3M after merger

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The Progress Energy chief executive whose sudden departure was announced hours after the merger creating America's largest electric utility is getting a big payout. Full story...
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NC regulators clear hurdle to Duke-Progress merger

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North Carolina utilities regulators have approved the merger of Duke Energy and Progress Energy, the last major hurdle to creating the largest American electric company. Full story...
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Groups call for more study of Duke-Progress merger

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Those opposed to a merger of Duke Energy and Progress Energy want more public hearings in North Carolina. Full story...
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NC sets schedule for proposed energy merger

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North Carolina regulators say they will accept comments and testimony for a week about Duke Energy's proposed takeover of Progress Energy. Full story...
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NC to review proposed Duke-Progress merger

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North Carolina officials expect to lay out a schedule for their consideration of Duke Energy's proposed takeover of Progress Energy. Full story...
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Duke, Progress won't pass on severance costs

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Progress Energy and Duke Energy have agreed not to ask customers to pay millions of dollars in severance costs of employees who could be laid off as part of their merger. Full story...
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Duke, Progress promise to build new power lines

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Duke Energy and Progress Energy say they're willing to spend $110 million on new power transmission lines as they try to get federal approval for a merger creating the largest US electric utility. Full story...
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Duke Energy, Progress Energy file new merger plan

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Duke Energy and Progress Energy are taking a third stab at a deal that would create the largest U.S. electric company, offering to spend up to $150 million to reduce competition concerns. Full story...
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