Regulators order Duke, Progress to disclose deals – Charlotte Observer


RALEIGH, N.C. North Carolina utilities regulators have ordered Duke Energy and Progress Energy to detail some of the deals they cut with major customers before their merger earlier this year.

The companies had argued that the information constitutes trade secrets. But the North Carolina Utilities Commission said Tuesday the deals have no commercial value, so disclosing them wouldn’t give anyone else an economic advantage. The documents had been sought by several media outlets under public requests. (More)

Read more:

Duke Energy & Progress Energy Merger

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