Duke Energy proposes merger in the Carolinas amid controversy over rate increases - The Tryon Daily Bulletin

Duke Energy proposes merger in the Carolinas amid controversy over rate increases - The Tryon Daily Bulletin

Duke Energy has proposed a plan in August to merge its two subsidiary utilities operating in the Carolinas, a move the company says will ultimately save customers money. However, this announcement comes at the same time as requests for new rate increases across the state, raising concerns among customers, advocates and public officials. On August 14, Duke Energy filed with regulators in North and South Carolina to combine Duke Energy Carolinas, …