MEDIA ADVISORY: National expert to testify against Duke-Progress merger

National expert to testify against Duke-Progress merger
Roger Colton, renowned economist and consumer advocate, will speak Thursday, Sep. 22
WHO: Roger Colton, national expert on economics and consumer affairs
WHAT: Testimony before NC Utilities Commission
WHEN: Sep. 22, 2011, 9 a.m.
WHERE:
NC Utilities Commission
430 North Salisbury Street
Dobbs Building
Raleigh, NC  27603-5918
 
RALEIGH (Sep. 20, 2011) – An economist and consumer issues expert will warn the NC Utilities Commission about the dangers of a proposed merger between Duke Power and Progress Energy on Thursday, Sep. 22.
 
Roger Colton, a principal at Fisher Sheehan & Colton in Boston, will speak on how proposed regulatory conditions for the merger are inadequate to protect consumers and the environment. FSC is a law and economics research and consulting firm.
 
Copies of his remarks are available for reporters here.
 
Roger Colton directs FSC's work in the firm's Boston office. Roger is an attorney and economist and specializes in regulatory economics, community planning, affordable housing, consumer protection, poverty economics, and fair housing. He is best known for providing assistance in the design, implementation and evaluation of cutting-edge poverty programs. Roger obtained his law degree from the University of Florida and his graduate economics degree from Antioch University.
 
The proposed merger between Duke Power and Progress Energy should not be permitted, advocates 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.

 

FOR MORE INFORMATION, CONTACT:  Roger Colton,  office (617-484-0597) and cell (617-909-6077); 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.