Duke Energy Corp. says its move to combine electric utility subsidiaries in North and South Carolina into one entity could ...

Highlights For more than three decades, the pumped storage hydro station in South Carolina has performed a vital role as the largest ...

A fire started by a sparking transformer in Hillsborough led to a brief blaze and hundreds of residents without power on ...

Duke Energy Corporation (NYSE:DUK), one of the largest U.S. electric utilities, serves 8.6 million electricity and 1.7 ...

NC Newsline Duke Energy is asking regulators for permission to merge its two utilities in the Carolinas — Duke Energy Carolinas and Duke Energy Progress. The Charlotte-based utility said in its ...

Duke Energy Corp. says its move to combine electric utility subsidiaries in North and South Carolina into one entity could ...

Duke Energy has proposed a merger of its two utilities in the Carolinas. Duke Energy claims the proposed merger would save ...

Duke Energy is asking state and federal regulators to approve to a merger of its two utility companies providing power to the ...

Duke Energy spokesperson Bill Norton told NC Newsline the details of that are still being worked out. But to get South ...

The company claims customers will save more than $1 billion in future costs and see no bill or service changes before 2027.

Michael Walden, a retired economics professor at N.C. State University, said the merger "should increase efficiencies, ...