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 …
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Large Customers Oppose Unsealing Merger Deals – Without Justifying Claims of “Trade Secrets” – News Release from NC WARN
State regulators expect to rule on Progress-Duke deal quickly – The News & Observer
NC regulators hear arguments in energy merger – ABC 11
State regulators hear arguments in energy merger – WRAL
We KNOW at least one Duke merger secret offers rate breaks – News Release from NC WARN
Group asks regulators for broader look at Duke Energy–Progress Energy merger – The Charlotte Business Journal
Nuclear watchdog group: Lift veil of secrecy from hearing on Progress-Duke merger – The News & Observer
Secret Deals Violate Sunshine Law in Duke-Progress Merger, says NC WARN – News Release by NC WARN
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.