energy watch
September 19, 2011 -
The N.C. Utilities Commission will hold a public hearing on Tuesday, Sept. 20 about the proposed merger of Progress Energy and Duke Energy to form the nation's largest electric utility, which would operate under the Duke Energy name. The hearing represents the public's last chance to weigh in on the plan. If the merger is approved, the company would become the largest U.S. utility, worth over $35 billion and with more than 7 million customers in the Carolinas, Florida, Indiana, Kentucky and Ohio.
August 4, 2011 -
Consumer advocates are blasting the Georgia Public Service Commission's unanimous vote this week requiring ratepayers to bear the burden of cost overruns during construction of two new nuclear reactors at Plant Vogtle while protecting the profit margin of the Southern Company's largest subsidiary.
