Read more about NC WARN’s efforts to stop Duke Energy’s 2012 merger with Progress Energy.
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There’s at least one solid reason that neither Duke-Progress nor the Utility Commission Public Staff has denied a key NC WARN charge when asked by reporters. We KNOW that at least one of the 15-plus deals offers a rate break to selected industrial customers.
An N.C. environmental group contends the state’s sunshine law requires regulators to disclose the details of so-far confidential deals Duke Energy and Progress Energy have made with organizations to win their support for the companies’ proposed $26 billion merger.
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.
North Carolina’s Public Records Act clearly forbids Duke Energy from keeping secret at least 15 side deals central to the utility’s acquisition of Progress Energy, and NC WARN is calling on regulators to open the records for public scrutiny. We filed a motion today arguing the NC Utilities Commission cannot allow Duke to make the sweeping and vague claim of “trade secrets” for all those deals, many of which might impact other ratepayers.
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 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.
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.
This was released before the North Carolina Utilities Commission order for a very limited hearing next Monday, June 25 at 2 p.m.
Groups from 5 merger states urge NC hearings; WARN calls for sunshine on 15 secret deals and for attorney general to investigate backroom pressure over SC nuclear project.
See NC WARN’s motion
See NC WARN’s letter to Attorney General Roy Cooper