Power Merger Papers Due This Week
Tuesday, June 19, 2012 at 10:04AM
3WC DJ

According to the NC Sustainable Energy Association, Progress Energy and Duke Energy must this week submit all merger paperwork to the NC Utilities Commission.  The Federal Energy Regulatory Commission twice rejected the merger as a monopoly threat to wholesale competition, forcing the companies to revise their proposal. The NC Utilities Commission issued a scheduling order last week to submit paperwork this week. NC Sustainable Energy Association (NCSEA) is evaluating its options for further involvement in the merger. 

Article originally appeared on Hometown Christian Radio 3WC (http://www.hometownchristianradio.com/).
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