Duke, Progress Merger Causing Controversy

By: April Davis
By: April Davis

A statement from the North Carolina Eastern Municipal Power Agency, the umbrella organization for 32 electric utilities in Eastern Carolina that make up Electricities, is drawing fire from officials in two of those cities.

The power agency filed an unsolicited statement with the Federal Energy Regulatory Commission saying it has concluded the Duke Energy and Progress Energy merger is not detrimental to its members and supports it.

New Bern and Rocky Mount officials say that statement was made after a filing by the two cities expressing concerns about the merger. New Bern mayor Lee Bettis calls the action by the power agency counterproductive.

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  • by in a position to know- anon. Location: enc on Jun 20, 2011 at 09:54 PM
    Belive me: this merger is going to be detrimental for many. Progress Energy is already behaving in a socially irresponsible manner. They are concerned with corporate profit margin- period. It's all about making money. Wait, watch and mark my words.

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