For at least the fifth straight time in a major Duke Energy case, state regulators have undermined any semblance of fair process – this time by cutting a backroom deal with the utility in a $6 billion merger with Piedmont Natural Gas even before receiving input from either the public or formal parties to the case. The NC Utilities Commission took the extra step this time of granting Duke’s request to disallow testimonies by two natural gas experts fielded by NC WARN and allies.
Piedmont Natural Gas Merger
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Groups File to Intervene in Duke Energy-PNG Merger — News Release from NC WARN
The NC Housing Coalition, The Climate Times and NC WARN have jointly filed to become parties in a merger proposed by Duke Energy and Piedmont Natural Gas.
Impact of Duke-Piedmont merger not yet clear — Independent Mail
Reactions to Duke Energy’s $4.9 billion takeover of Piedmont Natural Gas are skewing mostly to wait-and-see at this point. But at least one Duke watcher has some concerns.