Duke claims it doesn’t have to reveal merger costs to the public; NC WARN argues nuclear fleet corrections dwarf public benefits and were key reasons in CEO firing
NC WARN News Releases
All News Categories
Commission Must Revisit Utility Merger Approval – NC WARN News Release
State regulators must reopen evidentiary hearings and require Duke Energy to prove why its already-sullied takeover of Progress Energy should not be revoked. Click here for news release and three legal motions.
Click here to listen to an audio recording of the press conference.
Retreating Duke Energy Withdraws Kickback Scheme – News Release from NC WARN
Under cover of a public storm involving a corporate merger scandal that has shaken the largest U.S. power company, Duke Energy last week withdrew a proposed program to refund to a select group of large customers nearly all of last fall’s controversial seven percent rate hike that was levied against all Duke Energy Carolinas customers.
Major problems in Duke merger investigation – NC WARN Press Release
NC WARN Calls for Merger Cost Information Including Secret Study – News Release from NC WARN
NC Commission Must Assess Duke CEO Rogers’ Revelations about Merger Costs – NC WARN News Release
Billions in nuclear repairs or retirement would harm Carolinas ratepayers; all this should have been disclosed prior to Commission approval of the merger
NC WARN’s Legal Motion
Investigations into Duke Energy Require an End to Duplicity, Secrecy – News Release from NC WARN
We appreciate that both the NC Utilities Commission and NC Attorney General Cooper have opened separate investigations into Duke Energy’s takeover of Progress Energy. It is critical that both investigations allow full and open scrutiny of all questions about winners and losers – in particular, who Duke intends to charge for several multi-billion dollar power plant fiascos and for the $44 million parachute former Progress CEO Bill Johnson glides away with.
NC WARN Calls for Utilities Commission Hearings on Duke Energy Coup D’Etat – News Release from NC WARN
This heat wave and climate change – News Release from NC WARN
Duke-Progress Merger Signals Challenges to Economy, Environment and Democracy – NC WARN Press Release
Statement by NC WARN DirectorJim Warren: Creation of the nation’s largest electric utility will require enhanced vigilance and action by public advocates to protect our economy, our environment and our democracy from a giant corporation well-known for its use of political muscle to pursue profits and expansion. This merger will …