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

Duke Energy Corp. says its move to combine electric utility subsidiaries in North and South Carolina into one entity could save customers more than $1 billion over a decade.

We recently published 11 Most Profitable Utility Stocks to Buy According to Hedge Funds. Duke Energy Corporation (NYSE:DUK) ...

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

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