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Here’s a new and sobering report from Democracy NC on the proposed Duke-Progress behemoth…  

“Merged Utilities Would Create State’s Top Corporate PAC,

115 of 170 NC Legislators Have Duke/Progress Donations

The merger of Duke Energy and Progress Energy would not only create the largest electric utility in the nation. The combined lobbying muscle of the two companies would likely produce the most politically influential corporation inNorth Carolina, according to an analysis by the nonpartisan watchdog group, Democracy North Carolina. Read More

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A wrench was thrown into the Duke and Progress Energy merger on Friday by the Federal Energy Regulatory Commission (FERC) which must approve the companies joining together before it can be finalized.  The federal agency wants to hear from the utilities about how they will address “already excessive levels of market concentration.”

This wrench is a huge opportunity for consumers, the renewable energy business and its advocates.  Those concerned about the merger should take full advantage of the uncertain moment and press for changes that will not only look after consumers but also advance energy efficiency and renewable energy to do our part to combat global warming. Read More