Duke Energy

Environment
5:27 pm
Tue October 30, 2012

North Carolinians Helping Storm Victims

North Carolinians are stepping up to help people in the mid-Atlantic and New England states affected by the storm. Duke Energy is sending crews to help restore power. Dave Scanzoni is a spokesman for the utility.

Dave Scanzoni:" Duke Energy has committed to send about 12-hundred line workers to the Northeast and impacted areas from Hurricane Sandy. These crews will mostly be contractors that work full time for Duke Energy largely in Florida and some from our territories in Indiana as well."

Read more
Business & Economy
5:00 am
Fri October 5, 2012

AC Problem At Harris Nuclear Plant

The Nuclear Regulatory Commission will check the Harris nuclear plant near Raleigh to ensure Duke Energy has fixed an unreported problem.

Progress Energy ran the plant before this year's merger with Duke Energy. An air conditioning system at an emergency operations facility was not in top working order starting in 2009. The utility fixed the problem two years later. Duke Energy spokeswoman Julie Milstead says the utility thought the issue was over. She says, "We did not report that to the NRC because we did not think it met the criteria for reportability."

Read more
Business & Economy
7:15 am
Wed October 3, 2012

Duke Energy Could Spend Billions To Fix Florida Plant

Duke Energy may have to pay billions of dollars to repair the Crystal River nuclear plant in Florida.

A Charlotte engineering firm says the cost to fix a cracking outer-concrete layer of the containment unit could reach 3-point-4 billion dollars. Utility spokesman Mike Hughes says that's a worst-case scenario.

Mike Hughes: "Including having to do additional repair work that is not part of the planned repair scope."

Read more
Business & Economy
7:36 am
Tue August 14, 2012

Duke Energy CEO Jim Rogers Testifies Before Florida Regulators

Duke Energy CEO Jim Rogers was in Florida's capital of Tallahassee yesterday to testify before power regulators there. the members of the Florida Public Service Commission questioned Rogers on the leadership change at the utility and about a failing nuclear facility in that state. Rogers said despite the issues the company faces, the Sunshine State is important to the company's future.

Read more
Business & Economy
9:00 am
Fri August 3, 2012

Duke Energy Announces Rate Cuts

Duke Energy announced its first in a series of rate cuts.

Leoneda Inge:  Duke Energy and Progress Energy promised if the companies were allowed to merge they would implement millions of dollars in utility rate cuts one month after the merger was approved.  The first round of cuts comes to about 89-million dollars.

Inge:  Yeah, I was just about to say, it’s about a dollar a month, hugh?

Tom Williams: It’s about a dollar month, but you know we have just begun this process

Read more
Politics & Government
5:00 am
Thu August 2, 2012

State Utilities Commission Hires Chicago Law Firm

Some new legal minds will be taking a look at the controversial Duke Energy-Progress Energy merger.

Read more
Business & Economy
9:00 am
Tue July 31, 2012

Two Duke Energy Board Members Resign

Duke Energy is looking for new board members since the resignation of two former Progress Energy directors. 

Read more
Business & Economy
9:00 am
Fri July 27, 2012

Watchdog Continues Duke Progress Merger Fight

The watch-dog group NC Warn continues to fight against the merger of Duke Energy and Progress Energy.  Yesterday the group filed motions with state regulators to try to re-open the merger hearings.

Leoneda Inge:  One claim NC Warn is making involves more than two-billion dollars Duke Energy plans to spend repairing and upgrading Progress Energy’s nuclear plants.   Jim Warren is executive director of NC Warn. He says Duke Power never disclosed that figure during the merger hearings. Warren fears customers will end up paying in the end.

Read more
Business & Economy
5:50 pm
Fri July 20, 2012

Duke Energy Board Members Testify

There were signs early in the Duke-Progress Energy merger process that Bill Johnson would not have a long tenure at the combined company.  Ann Gray is the lead director on the Duke Energy board of directors.   She told the North Carolina Utilities Commission today the board did not have a good impression of Johnson at one of their first meetings in 2010.

Ann Gray:  He did describe himself as being an individual who likes to learn but not be taught. That was an expression that stayed with our board and we watched for that to develop.

Read more
Business & Economy
9:00 am
Fri July 20, 2012

Ousted Duke Energy CEO Bill Johnson Speaks

The North Carolina Utilities Commission spent hours yesterday questioning ousted Duke Energy CEO Bill Johnson.  The former Progress Energy leader says he was stunned by the controversial turn of events that transpired once the two companies merged.

Edward Finley:  There were no issues with respect to who would be the president and who would be the CEO.

Bill Johnson:  No, there were a lot of interesting questions and issues in the hearings, but that was not one of them.

Read more

Pages