Compel Duke Energy to Justify Billions in Planned Rate Hikes, Watchdogs Urge Regulators in Merger Case – News Release from NC WARN – July 31st, 2012

Duke claims it doesn’t have to reveal merger costs to the public; NC WARN argues  nuclear fleet corrections dwarf public benefits and were key reasons in CEO firing

Durham, NC – Today NC WARN filed a motion urging the NC Utilities Commission to compel Duke Energy to justify plans to charge customers more than $2.2 billion for nuclear plant corrections over two years, an amount that dwarfs the alleged public savings in the utility’s contested takeover of Progress Energy. (More)

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Duke Energy & Progress Energy Merger

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