NYSE:DUKElectric Utilities
Duke Energy Carolinas Merger Puts Customer Savings And Growth Plans In Focus
Public Service Commission of South Carolina has approved Duke Energy's plan to combine Duke Energy Carolinas and Duke Energy Progress into a single utility for the Carolinas.
The combination is structured to deliver billions in guaranteed savings to customers in North and South Carolina.
Duke Energy plans to use the unified structure to streamline operations and address regional power demand for its Carolinas customer base.
Duke Energy (NYSE:DUK) is coming into this decision with shares at...