Duke Energy seeks to merge Carolina utilities, projecting more than $1B in customer savings

Duke Energy promises $1 billion in NC customer savings if subsidiaries merge

Michael Walden, a retired economics professor at N.C. State University, said the merger "should increase efficiencies, although at least some of the savings likely will come from eliminating some positions."

Duke Energy asks regulators for permission to merge Carolina utilities - Salisbury Post

NC Newsline Duke Energy is asking regulators for permission to merge its two utilities in the Carolinas — Duke Energy Carolinas and Duke Energy Progress. The Charlotte-based utility said in its announcement that such a merger would save customers even more than the $1 billion in savings it has seen in the 13 years since Duke Energy merged with Raleigh-based Progress Energy. The company also called the proposal a “reorganization” in its announcem…

Duke Energy seeks to merge Carolina utilities, projecting over $1B in customer savings

CHARLOTTE, N.C. — Duke Energy Corp. says its move to combine electric utility subsidiaries in North and South Carolina into one entity could save customers more than $1 billion over a decade. The Charlotte-based utility said it formally asked federal and state regulators on Thursday for permission to join together Duke Energy Carolinas and Duke Energy Progress, which have several million customers. The savings would come in part from streamlinin…

Duke Energy seeks to consolidate utilities

Duke Energy asked state and federal regulators for permission to combine its two electric utilities in the Carolinas. Planned for years, the combination is projected to result in billions of dollars in customer savings.

Duke Energy seeks to merge Carolina utilities, projecting more than $1B in customer savings

Duke Energy Corp. has requested approval to merge its electric utility subsidiaries in North and South Carolina.

Duke Energy wants to merge Carolinas operations, claims it could save customers over $1 billion

Duke Energy has proposed a merger of its two utilities in the Carolinas. Duke Energy claims the proposed merger would save customers more than $1 billion by 2038.