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Progress Energy

NC regulator approves Duke Energy probe settlement

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video North Carolina's utilities regulator and attorney general are settling separate investigations into whether Duke Energy misled officials before taking over its in-state rival Progress Energy. Full story...
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Enhancements coming to Sutton Lake boating access

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The boating access area at New Hanover County's Sutton Lake will close temporarily beginning Oct. 29 to receive a facelift. Full story...
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Progress Energy requests rate hike; residents sound off

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video Progress Energy says it has asked the North Carolina Utilities Commission for a rate increase the company says would push residential bills up an average of 14.2 percent. Full story...
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Progress Energy to retire coal-fired power plant

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North Carolina's main electric company is shutting down a coal-burning power plant near Goldsboro as it shifts to generating power with cleaner natural gas. Full story...
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Public access to Sutton Lake closed briefly for film shoot

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Public access to Sutton Lake in Wilmington will be closed temporarily two times over the next week to support the filming of outdoor scenes for the new series, Revolution. Full story...
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Duke Energy CEO committed for Fla. settlement

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Duke Energy CEO Jim Rogers says he's committed to a settlement that's expected to head off future rate increases in Florida. Full story...
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Investigating NC regulator opens Duke Energy data

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North Carolina utilities regulators are disclosing internal materials collected from Duke Energy in an ongoing investigation into its takeover of 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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Extreme heat pushes Progress Energy to demand record

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The extreme heat this week has every one looking for a way to keep cool, and it pushed a power company to a new record. 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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