Uncategorized

Breaking: Court upholds Duke – Progress Energy merger

The state Court of Appeals has upheld the Utilities Commission’s approval of the Duke – Progress Energy merger in 2012, per an opinion released this morning.

Writing for the court, Judge Douglas McCullough said:

Where it is evident that the Commission considered the potential costs and risks of the merger and weighed them against the anticipated benefits, and where there is substantial evidence supporting the Commission’s findings and conclusions, we will not second guess the Commission’s determination that the merger is justified by the public convenience and necessity. Thus, we affirm the Commission’s approval of the merger in the merger order.

Policy Watch will have more on the decision later this morning.

Check Also

State Supreme Court rules retroactive application of teacher tenure repeal is unconstitutional

The state Supreme Court ruled unanimously today that ...

Top Stories from NCPW

  • News
  • Commentary

Jim Womack has a reputation in North Carolina for being many things, but a conservationist isn’t one [...]

Just days after a North Carolina official tapped a Robeson County elementary for a controversial cha [...]

Two groups seeking state contracts to run struggling North Carolina schools have professional ties t [...]

North Carolinians will lose their “precious right to vote,” as U.S. Supreme Court Justice Ruth Bader [...]

The folks running the General Assembly reached a new low this week in their efforts to dismantle our [...]

National civil rights leaders call for the rejection of North Carolina’s Thomas Farr [Editor’s note: [...]

Budgets matter, both within government and inside each household across America, because they demons [...]

Why the legislature now operates this way and why it’s a big problem The North Carolina General Asse [...]

Featured | Special Projects

NC Budget 2017
The maze of the NC Budget is complex. Follow the stories to follow the money.
Read more


NC Redistricting 2017
New map, new districts, new lawmakers. Here’s what you need to know about gerrymandering in NC.
Read more