Combining Duke Energy Carolinas and Duke Energy Progress projected to save customers over $1B in future costs
Filed today for approval with state and federal regulators, operating as one utility could save customers even more than the $1 billion in cost savings already achieved since 2012 If approved, no bill or service changes would occur to retail rates before 2027 due to the combinationCHARLOTTE, N.C., Aug. 14, 2025 /PRNewswire/ -- Today, Duke Energy asked state and federal regulators for permission to combine its two electric utilities in the Carolinas. Planned for years, the combination is projected to result ...