Duke Energy reaches settlement with North Carolina AG Duke Energy announced that it has reached a settlement agreement with the North Carolina Attorney General. The agreement resolves all issues related to the matters under review by the attorney general regarding Duke Energy's change in president and CEO following the close of the merger between Duke Energy and Progress Energy on July 2. Some of the major details of the settlement include: the Attorney General will not object to the settlement reached with the NCUC; the Attorney General preserves all rights in future Duke Energy rate cases in North Carolina; Duke Energy will pay $250,000 to the Attorney General's office to defray fees and expenses related to the post-merger investigation; Duke Energy will designate a liaison in the company to communicate with the Attorney General on customer-related information.
Duke Energy seeks proposals for solar in South Carolina Duke Energy issued a request for proposals for about 53 megawatts of utility-scale solar capacity to be in-service in its South Carolina service areas by the end of 2016. In a separate RFP, the company seeks up to 5 megawatts of solar capacity for its Shared Solar Program, an innovative offer that will allow multiple customers to subscribe to the output of a specific solar facility and share in the economic benefits of the power produced. Projects should be greater than 250 kilowatts and no more than 1 megawatt of capacity. The company anticipates the Shared Solar Program will be particularly attractive to customers who want to receive the benefits of renewable energy but may not be able to install solar on their premises, such as renters or those who live in multi-family housing.