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.
News For DUK From The Last 14 Days
Check below for free stories on DUK the last two weeks.
FERC to hold an open commission meeting The Commission holds a meeting to discuss matters relating to companies including NorthWestern Corp (NWE), Allete (ALE), Ameren Illinois Company (AEE) and Duke Energy Indiana (DUK) at FERC Washington, D.C. offices on May 16 at 10 am. Webcast Link