Last week the Charlotte Observer published an interview in which Duke Energy CEO Jim Rogers said he had resolved the major scandal following his acquisition of Progress Energy by personally negotiating the settlement with NC Utilities Commission Chairman Ed Finley. Today NC WARN called on state Attorney General Roy Cooper to investigate that negotiation, which we believe was an unlawful communication that led to a multi-billion dollar miscarriage of justice against North Carolina’s electricity customers.
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Group claims Duke Energy’s talks with state regulators were improper – Charlotte Observer
Jim Rogers: Duke Energy merger with Progress was worth it – Charlotte Observer
Duke Energy chief executive Jim Rogers traces the roots of a state investigation into the Duke-Progress Energy merger to differences in how regulators viewed the $32 billion deal… Rogers said he personally negotiated the settlement terms with commission Chairman Edward Finley, after Duke’s board vetted them, and with the help of current Duke and former Progress director James Hyler. Both he and Finley wanted to resolve the issue, he said.
How Duke Energy can change the climate game – News & Observer
Op-Ed by Jim Warren, NC WARN. North Carolina has a unique opportunity and duty to help avert runaway climate change and repair our wounded democracy. Because the world’s second-largest electricity generator, Duke Energy, is headquartered here, North Carolina can make a huge difference – one that also makes economic sense.
How Duke Energy can change the climate game — News & Observer
McCrory Could Re-shape NC Utilities Regulation – WFAE
Governor Pat McCrory has been busy in recent weeks filling his cabinet and top staff positions. And in at least three cases he’s appointed former colleagues from his 28 years working at Duke Energy. That’s led some to worry McCrory will follow the same pattern when he turns his attention to four impending vacancies at the North Carolina Utilities Commission, which is Duke Energy’s primary regulator in the state.
N.C. environmental group sues to overturn Progress Energy-Duke merger – Tampa Bay Times
Duke-Progress Merger Contested in NC Court of Appeals – News Release from NC WARN
Consumer Alliance Warns of a Doubling of Electricity Rates under Duke Energy’s Business Plan – News Release from Consumers Against Rate Hikes
Economists say a proposed “annual rate hike bill” to fund new nuclear plants would be aninterest-free loan to Duke from ratepayers – without saving any money.
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