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Duke Energy

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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Greenpeace protesters arrested at NC demonstration

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Six Greenpeace demonstrators have been arrested after hanging a banner in front of the Duke Energy building in Charlotte protesting rate increases for the utility's customers. Full story...
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Metals found in water at coal plants

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North Carolina regulators have found higher than normal levels of metals in groundwater near all 14 of the state's coal-fired power plants run by Duke Energy and Progress Energy. Full story...
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Duke-Progress agree to new July merger deadline

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Progress Energy and Duke Energy have set July as their new deadline for completing their merger creating the country's largest electric utility. Full story...
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NC AG argues Duke wants too much in rate increase

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North Carolina's attorney general is taking a stand against Duke Energy's proposed electricity rate increase. Full story...
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Duke-Progress merger facing competition worries

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The merger of Duke Energy and Progress Energy to form the country's largest electric company is not getting the approval needed by federal regulators. Full story...
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Duke Energy asks NC regulators for 7% rate rise

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North Carolina utilities regulators are opening hearings into whether Duke Energy should be allowed to raise electricity rates by more than 7 percent. The North Carolina Utilities Commission begins hearings Monday on Duke Energy's request for a 7.2 percent rate increase. Full story...
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Duke Energy agrees to 7.2% rate increase

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Duke Energy has agreed to a 7.2 percent rate increase for its customers in North Carolina, cutting its initial proposal in half. Full story...
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Duke, Progress want new hearing on merger

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Duke Energy and Progress Energy have asked federal regulators to take another look at their merger proposal. Full story...
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Duke-Progress to hurry solutions on competition

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Executives of Duke Energy and Progress Energy say they'll need only about two weeks to address federal regulators' concerns that their merger will too heavily concentrate the Carolinas electric power market. Full story...
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NC opens hearings on Progress-Duke Energy merger

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Critics are telling North Carolina regulators they should only allow Duke Energy and Progress Energy to merge and become the largest electric utility in the country if they also make revolutionary changes in how they operate. Full story...
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Duke, Progress want limits on NC's merger hearings

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Duke Energy and Progress Energy are asking North Carolina regulators to skip consideration of the economy in deciding whether to approve the companies' merger into the country's largest electric utility. Full story...
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Groups challenge Duke-Progress Energy merger in NC

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Some environmental groups have filed last-minute challenges to the proposed merger between Duke Energy and Progress Energy. Full story...
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Progress Energy to make big job cuts in Raleigh

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Progress Energy plans to cut as much as half of its work force at its downtown Raleigh headquarters if its planned merger with Charlotte-based Duke Energy is approved. Full story...
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