Duke Energy Corp. has requested approval to merge its electric utility subsidiaries in North and South Carolina.

The Charlotte-based utility giant projects customer savings of $1 billion by 2038 if the merger is approved.

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

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

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

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

The merger involves Duke Energy Carolinas in the Charlotte area and Duke Energy Progress in the Triangle region.

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

Duke Energy has asked state and federal regulators for permission to combine its two electric utilities in North Carolina and South Carolina.

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

Duke Energy is looking to merge its two subsidiaries in the Carolinas, a move the company says will make it more efficient ...

Duke Energy has proposed a merger of its two utilities in the Carolinas. Duke Energy claims the proposed merger would save customers more than $1 billion by 2038.