Sunday, June 24, 2012

NC regulators to hear opposition to utility merger - State & Regional -

 Allen Reed
NC WARN is trying to put the brakes on the $23.4 billion merger that would span six states, employ nearly 30,000 workers, serve more than 7 million accounts and have more than $100 billion in assets. The nonprofit argues the marriage between the energy giants will increase prices that customers pay. They say the companies have hid millions of dollars in costs that will raise utility rates.

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