Articles & News Releases

Duke Energy merger creates largest U.S. utility – The New York Times

July 3, 2012

Duke Energy said on Tuesday that it had completed its $32 billion merger with Progress Energy, a few hours after South Carolina gave final approval. The move creates the largest electric utility in the United States, with 7.1 million customers in six states in the Southeast and Midwest.

This heat wave and climate change – News Release from NC WARN

July 2, 2012

Three straight days of record highs in much of North Carolina remind us that it’s a little hotter lately. But is it climate change?

Duke-Progress Merger Signals Challenges to Economy, Environment and Democracy – NC WARN Press Release

June 29, 2012

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 …

Large Customers Oppose Unsealing Merger Deals – Without Justifying Claims of “Trade Secrets” – News Release from NC WARN

June 29, 2012

It is quite curious that in arguing against the unsealing of 17 secret deals in the Duke-Progress merger case, large customers and the utilities avoid addressing the very “trade secrets” criteria detailed in the NC Public Records Act.

State regulators expect to rule on Progress-Duke deal quickly – The News & Observer

June 25, 2012

The commission hearing room was filled to capacity Monday. N.C. WARN attorney John Runkle cross-examined Progress executive Sasha Weintraub and posed questions to James Hoard, an accounting division head at the Public Staff, the state’s consumer protection agency in utility matters.

NC regulators hear arguments in energy merger – ABC 11

June 25, 2012

State regulators hear arguments in energy merger – WRAL

June 25, 2012

We KNOW at least one Duke merger secret offers rate breaks – News Release from NC WARN

June 21, 2012

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.

Group asks regulators for broader look at Duke Energy–Progress Energy merger – The Charlotte Business Journal

June 21, 2012

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.

Nuclear watchdog group: Lift veil of secrecy from hearing on Progress-Duke merger – The News & Observer

June 21, 2012

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.

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