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progress energy

Public gets last chance to weigh in on Duke-Progress merger

September 19, 2011 - The N.C. Utilities Commission will hold a public hearing on Tuesday, Sept. 20 about the proposed merger of Progress Energy and Duke Energy to form the nation's largest electric utility, which would operate under the Duke Energy name. The hearing represents the public's last chance to weigh in on the plan. If the merger is approved, the company would become the largest U.S. utility, worth over $35 billion and with more than 7 million customers in the Carolinas, Florida, Indiana, Kentucky and Ohio.

Duke Energy: How not to do decoupling

September 10, 2007 - The Progressive States Network's latest Stateside Dispatch examines the concept of "utility decoupling" -- that is, giving utilities incentives to promote energy efficiency by separating their ability to make a profit from the amount of electricity they sell.

Progress Energy fined for nuke security violations

September 5, 2007 - In what is apparently the first regulatory action of its kind since 9/11, the Nuclear Regulatory Commission last week proposed a $65,000 fine against North Carolina-based Progress Energy for security violations at its Shearon Harris nuclear power plant near Raleigh.