News Releases

Duke Energy Merger Benefits Begin Flowing to Carolinas Customers

Published on August 1, 2012
CHARLOTTE, N.C. - Duke Energy Carolinas and Progress Energy Carolinas, both subsidiaries of Duke Energy Corp., are seeking regulatory approval to begin returning merger-related savings to customers. Filings made today with the North Carolina Utilities...

Local Students Earn Progress Energy Carolinas Scholarships

Published on July 31, 2012
RALEIGH, N.C. - Twenty-six local high school graduates earn Progress Energy Carolinas scholarships. Progress Energy Carolinas, a subsidiary of Duke Energy, awards the scholarships annually to qualifying college-bound children of company employees....

Progress Energy Carolinas Announces Accelerated Coal Plant Closings

Published on July 27, 2012
RALEIGH, N.C. -Progress Energy Carolinas, a subsidiary of Duke Energy, will accelerate the retirement of one North Carolina coal-fired power plant previously slated for closing in 2013, and will retire the utility’s only coal-fired unit in South ...

Duke Energy Statement on Standard & Poor's Ratings Action

Published on July 25, 2012
CHARLOTTE, N.C. -Duke Energy today highlighted its strong balance sheet and financial flexibility in expressing disappointment with Standard & Poor's decision to downgrade the company's corporate credit rating.The ratings agency on July 25 affirmed ...

Duke Energy to Release Second Quarter 2012 Earnings Aug. 2

Published on July 17, 2012
CHARLOTTE, N.C. -Duke Energy will release its second quarter 2012 earnings results at 7 a.m. ET on Thursday, Aug. 2.Duke Energy Corporation and Progress Energy Inc. completed their merger on July 2, 2012. In connection with the merger, Progress Energy ...

Keith Trent to Lead Duke Energy’s Regulated Utility Business

Published on July 13, 2012
CHARLOTTE, N.C. -Duke Energy today named Keith Trent executive vice president of Regulated Utilities, effective immediately. Trent replaces John McArthur, who resigned from the company this week.Trent is responsible for rates and regulatory ...

Tuxedo Hydro Work Requires Lowering Lake Summit in Fall 2012

Published on July 11, 2012
CHARLOTTE, N.C. -Duke Energy will perform a required maintenance project at the Tuxedo Hydro Station on Lake Summit this fall, requiring a temporary 30-foot drawdown from full pond.Duke Energy contractors need to replace wooden trash racks that are ...
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