A Durham advocacy group is making an 11th-hour appeal to North Carolina regulators to allow greater scrutiny of the proposed merger between Progress Energy and Duke Energy during Monday’s scheduled public hearing.
NC WARN in the News
A few of the news articles citing NC WARN
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Reopen utilities’ merger hearings, group asks state – The Charlotte Observer
The N.C. Waste Awareness and Reduction Network, an anti-nuclear group in Durham known as WARN, argues that circumstances have changed since the commission’s hearings last September. New hearings, if granted, would likely derail the utilities’ plan of closing the $26 billion merger by July 1.
Critics make last-ditch bid to delay or derail Progress-Duke merger – The News & Observer
Critics of the proposed merger between Progress Energy and Duke Energy urged state regulators Monday to hold another round of public hearings to explore alleged secrets and rumors about the utility merger that could sap the public benefits of the $26 billion deal.
Two consumer groups join challenges to merger of Duke Energy and Progress Energy – The Tampa Bay Times
FCAN (Florida Consumer Action Network) is backing environmental and consumer watchdog group NC WARN’s request filed Monday with the North Carolina Utilities Commission for a public hearing to review fresh concerns about the merger.
Duke Energy – Progress Energy merger filings concede additional costs – The Charlotte Business Journal
North Carolina’s utility-customer advocate says conditions federal regulators have placed on Duke Energy’s planned $26 billion purchase of Progress Energy will increase monitoring costs to the merged company and could lead to additional losses on power sales to wholesale power marketers.
Duke Energy rate break for big businesses challenged by WARN – The Charlotte Observer
An advocacy group has challenged Duke Energy’s plan to give large commercial and industrial customers a break on most of the 7.2 percent North Carolina rate hike granted in January.
Feds give conditional okay to Progress Energy merger with Duke Energy – The Tampa Bay Times
After two do-overs, federal regulators granted conditional approval for the merger of Progress Energy and Duke Energy, clearing the way for the two companies to form one of the largest utilities in the country.
N.C. regulators set one-week deadline for all filings in Progress-Duke merger – The News & Observer
The N.C. Utilities Commission said Tuesday that it wants all merger paperwork submitted within a week to give itself several weeks to decide on the proposed mega-merger between Progress Energy and Duke Energy.
Merger of Progress and Duke coming down to the wire – The Tampa Bay Times
Progress Energy and Duke Energy expect federal regulators to decide this week whether to approve their merger plan, which would create one of the nation’s largest utilities.
New reactor design forecasts future successes, challenge – The Augusta Chronicle
Regulators who detected nonconforming rebar at Vogtle Nuclear Power Plant’s expansion site didn’t have to go far to find a similar problem at the V.C. Summer project in nearby South Carolina.