MEDIA ADVISORY: Advocates: Duke-Progress merger risks woes for consumers

MEDIA ADVISORY: Advocates: Duke-Progress merger risks woes for consumers

WHO: Consumer advocates, including NC Justice Center
WHAT: Testimony before NC Utilities Commission
WHEN: Sep. 20, 2011, 9 a.m.
WHERE:
NC Utilities Commission
430 North Salisbury Street
Dobbs Building
Raleigh, NC 27603-5918

RALEIGH (Sep. 20, 2011) – Consumer advocates, environmental advocates and others will testify about the dangers of a proposed merger between Duke Power and Progress Energy on Tuesday, Sep. 20 at 9 a.m.

The current regulatory conditions being proposed are inadequate to protect consumers and the environment, advocates say. About two dozen merger opponents, including representatives of the NC Justice Center, are prepared to testify Tuesday morning.

The proposed merger between Duke Power and Progress Energy should not be permitted, they say, unless programs are created to increase energy conservation, improve weatherization of North Carolina homes, and protect consumers against increased prices and electrical service cutoffs.

The Justice Center, an anti-poverty organization, is especially concerned about the impact of the merger on low-income communities. The merger could result in increased rates for all consumers, including those least able to afford rate hikes.

FOR MORE INFORMATION, CONTACT:
Alfred Ripley, NC Justice Center, (919) 274-8245; Jeff Shaw, NC Justice Center, 503.551.3615; Jim Warren, Executive Director, NC WARN, 919.416.5077.