Kristy Eppley Rupon
Paired with a fuel-cost reduction, the rate hike would come out to an extra $6.67 a month – or about $80 a year – for a customer who uses 1,000 kilowatt hours a month, the utility estimated.
SC Utility News Digest - a Service of the Terreni Law Firm, LLC
Saturday, June 30, 2012
NC regulators clear hurdle to Duke-Progress merger - Businessweek
RALEIGH, N.C. (AP) — North Carolina utilities regulators on Friday approved the long-planned takeover of Progress Energy by Duke Energy, clearing the last major hurdle to creating the largest American electric company.
Tuesday, June 26, 2012
NC regulators hear arguments in energy merger - Businessweek
A spokesman for the North Carolina Utilities Commission said the final verdict will not likely be handed down the day of the hearing, but could come this week.
Duke Energy and Progress agree to FERC conditions on merger | Financial News
The pair made a compliance filing with FERC, after saying earlier in June that the conditional orders by the regulator were a positive development which would allow them to wrap up the merger by the planned deadline on 1 July.
Sunday, June 24, 2012
NC regulators to hear opposition to utility merger - State & Regional - TheState.com
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.
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.
Saturday, June 23, 2012
Duke Energy names S.C. president - Charlotte Business Journal
John Downey
Gillespy takes over in South Carolina as parent company Duke Energy Corp. prepares to merge with Progress Energy Inc. The operations of the two utility subsidiaries will remain separate for several years after the merger. But Gillespy will be in charge of regulatory issues, government relations and community affairs for both the Duke and Progress utilities in the state.
Gillespy takes over in South Carolina as parent company Duke Energy Corp. prepares to merge with Progress Energy Inc. The operations of the two utility subsidiaries will remain separate for several years after the merger. But Gillespy will be in charge of regulatory issues, government relations and community affairs for both the Duke and Progress utilities in the state.
Friday, June 22, 2012
AT&T fighting FCC over special access - Eliza Krigman - POLITICO.com
Eliza Krigman
Special access isn’t as high-profile as fights between AT&T and the Federal Communications Commission over other issues, such as net neutrality regulations or the telecom company’s failed bid to acquire T-Mobile USA. But it makes for another bitter dispute between AT&T and the FCC, one that could wind up in court.
Special access isn’t as high-profile as fights between AT&T and the Federal Communications Commission over other issues, such as net neutrality regulations or the telecom company’s failed bid to acquire T-Mobile USA. But it makes for another bitter dispute between AT&T and the FCC, one that could wind up in court.
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