Settlement Moves Duke Energy Closer to Merger in Carolinas

Settlement moves Duke Energy closer to merger in Carolinas

Both settlements commit Duke to hundreds of millions of dollars in savings for the states’ customers over a 14-year period, and to use shareholder funds if merger-related savings aren’t enough to meet the pledges.

Duke Energy reaches agreement with South Carolina customer groups and others on proposed combination of Duke Energy Carolinas, Duke Energy Progress

/PRNewswire/ -- Duke Energy and a variety of organizations have reached a settlement agreement in South Carolina on the proposed combination of Duke Energy...

Duke merger settlement agreement reached in SC

Duke Energy has reached a settlement with several groups, including the Sierra Club, over its proposed merger of its subsidiaries in South Carolina.

Duke Merger Settlement Agreement Reached in South Carolina - CleanTechnica

Following North Carolina Approval, Stage Set for Final Merger COLUMBIA, S.C. — A settlement agreement was reached by groups, including the Sierra Club, with Duke Energy on its proposed merger of its subsidiaries in South Carolina. A Sierra Club priority included in the settlement agreement is the commitment from Duke ... [continued] The post Duke Merger Settlement Agreement Reached in South Carolina appeared first on CleanTechnica.

Duke Energy reaches settlements in Carolinas merger plan

Duke Energy and a variety of organizations have reached settlement agreements on the proposed combination of Duke Energy Carolinas and Duke Energy Progress, the Charlotte-based utility announced Tuesday. The settlements, part of the process of being subject to regulatory oversight, include parties ranging from North Carolina Public Staff – the independent agency representing utility customers – the North Carolina Attorney General’s Office, Googl…

Settlement reached in Duke Energy Carolinas merger case

​ Southern Environmental Law Center and partner groups reached a settlement with Duke Energy over its proposed Carolinas utility merger Agreement requires Duke to track merger benefits for 14 years and compensate South Carolina customers if savings fall short Settlement calls for exploring new rate designs for fast-charging EV stations and expanding demand response programs Proposal still requires approval from the South Carolina Public Service…