Duke Energy and Progress Energy to Merge
January 10, 2011Duke Energy (NYSE: DUK) and ProgressEnergy, Inc. (NYSE: PGN) announced today that both companies’ boards ofdirectors have unanimously approved a definitive merger agreement tocombine the two companies in a stock-for-stock…
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Duke Energy Declares Quarterly Dividend
January 6, 2011CHARLOTTE, NC – January 6, 2011 – Duke Energy has declared a quarterly cash dividend on its common stock of $0.245 per share. The dividend is payable on March 16,…
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Santee Cooper suggests resolutions for the New Year
January 6, 2011Green Living: Energy-Saving Tips from Santee CooperMONCKS CORNER, SC – January 6, 2011 – A new year is a time for reflection and resolve. Along with those traditional New Year’s…
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Santee Cooper Launches Business Initiatives in Ongoing “Reduce the Use” Energy Efficiency Campaign
January 4, 2011Helps Businesses Save Energy and Money MONCKS CORNER, SC – January 4, 2011 – Santee Cooper today unveiled its “Reduce the Use: Business” campaign, the commercial component of Santee Cooper’s…
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Duke Energy and Alinda Capital Partners Complete DukeNet Communications Joint Venture
December 21, 2010DukeNet Closes $150 Million Credit Facility CHARLOTTE, NC – December 20, 2010 – Duke Energy Corp. and investment funds managed by Alinda Capital Partners LLC (collectively, “Alinda”) have completed the formation…
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Santee Cooper board approves $2.5 billion 2011 budget
December 15, 2010No rate adjustment planned for 2011 MONCKS CORNER, SC – Deccember 13, 2010 – The Santee Cooper Board of Directors approved a $2.5 billion budget for 2011 today at its…
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Santee Cooper, PMPA announce long-term power agreement
December 15, 2010MONCKSCORNER, SC – December 14, 2010 – Santee Cooper and Piedmont Municipal Power Agency (PMPA) announcedtoday the approval of a long-term power agreement in which Santee Cooper willsell approximately 200…
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Ellen Ruff to Retire from Duke Energy at Year End
December 15, 2010CHARLOTTE, NC – December 15, 2010 – Ellen Ruff, president, office of nuclear development, will retire from Duke Energy at the end of the year. “Ellen has provided outstanding leadership…
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Duke Energy’s 2010 Power Partners Announced
December 15, 2010CHARLOTTE, NC – December 14, 2010 – Using less energy or using energy more wisely can mean big savings – just ask the 2010 Duke Energy Power Partner award winners.…
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Duke Energy Offers Tips for an Affordable and Safe Holiday
December 12, 2010CHARLOTTE, NC – December 12, 2010 – Duke Energy has some suggestions to help everyone be safe and save money as they decorate for the holidays. On average, holiday lighting…
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Energy-efficient greetings from Santee Cooper to you
December 3, 2010Green Living: Energy-Saving Tips from Santee Cooper MONCKS CORNER, SC – December 3, 2010 – The holidays are filled with twinkling lights, homemade meals and trips to see relatives –…
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Santee Cooper installs state’s first utility wind turbine
December 1, 20102.4-kw turbine joins Santee Cooper Green Power generating fleet NORTH MYRTLE BEACH, S.C. – Santee Cooper installed its first wind turbine today, officially launching its Wind Education Project designed to…
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Duke Energy and ITOCHU to Develop Strategies for Reusing Electric Vehicle Batteries
November 23, 2010CHARLOTTE, NC – November 23, 2010 – Duke Energy and Tokyo-based ITOCHU Corp. signed an agreement today tocollaborate on advanced energy technologies, starting with the evaluation andtesting of second-life applications…
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Waldrop Mechanical Services’ Bill Gruss Earns Prestigious Certified Energy Manager Designation through Association of Energy Engineers
November 5, 2010Professional Energy Management Credential Requires Passing Rigorous 17-Part Exam SPARTANBURG, SC – November 5, 2010 – Spartanburg-based Waldrop Mechanical Services, a full-service mechanical contracting firm, announces Bill Gruss has earned…
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The Heat Is On – Green Living: Energy-Saving Tips from Santee Cooper
November 4, 2010MONCKS CORNER, SC – Heating and cooling can account for as much as half of the energy used in your home, according to the U.S. Department of Energy. With winter…
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Santee Cooper board approves refunding bond sale
October 15, 2010MONCKS CORNER, S – October 15, 2010 – The Santee Cooper Board of Directors approved the sale of $231,060,000 in refunding bonds in a telephonic board meeting earlier today. The…
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Duke Energy, Integrys Energy Services and Smart Energy Capital Launch Partnership to Build and Finance Solar Projects throughout U.S.
October 13, 2010CHARLOTTE, NC – October 13, 2010 – Duke Energy, Integrys Energy Services and Smart Energy Capital today announced the launch of a partnership to build and finance distributed solar projects…
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Duke Energy Responds to Hiring Issues; CEO says Company Will Take Whatever Actions are Appropriate
October 12, 2010PLAINFIELD, Ind. – October 12, 2010 – Duke Energy is reviewing e-mails between certain company employees and individuals at the Indiana Utility Regulatory Commission (IURC) that have come to light…
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Duke Energy Completes Fourth Wyoming Wind Farm
October 12, 2010CHARLOTTE, NC – October 12, 2010 – Duke Energy’s Top of the WorldWindpower Project near Casper, Wyo., is now on line and producingclean, renewable electricity. The 200-megawatt (MW) wind farm,…
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U.S.-China Energy Partnership Can Create Jobs in Both Countries
October 6, 2010WASHINGTON, D – October 6, 2010 – U.S.-China partnerships to develop more advanced and sustainable electricity generation and distribution will speed technology development, promote economic growth, and drive local job…
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Santee Cooper 2009 Environmental Annual Report Is Online
October 6, 2010MONCKS CORNER, SC – October 6, 2010 – Santee Cooper’s 2009 Environmental Annual Report is now available at www.santeecooper.com. The digital publication provides an overview of the environmental progress Santee…
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Netvision Announces Its Newest Generation of Security
October 6, 2010Netvision Introduces the Hybrid Solar-Battery Surveillance Trailer GREENVILLE, SC – October 4, 2010 – Netvision Mobile is introducing its third generation mobile video surveillance system, the Solar 2130, a Hybrid…
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Santee Cooper board approves major biomass project
September 27, 2010MONCKS CORNER, SC – September27, 2010 – The Santee Cooper Board of Directors approved today purchase power agreements with two firms for 95 megawatts of biomass, a major development in…
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Santee Cooper Names Richard Kizer Vice President of Government and Community Relations
September 27, 2010MONCKS CORNER, SC – September 27, 2010 – The Santee Cooper Board of Directors today approved the promotion of Richard Kizer to vice president of government and community relations at…
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Duke Energy’s CFO Lynn J. Good to Present at Bank of America Merrill Lynch 2010 Power & Gas Leaders Conference Sept. 28
September 22, 2010Presentation will be available via webcast CHARLOTTE, NC – September 28, 2010 – Lynn J. Good, Duke Energy’s groupexecutive and chief financial officer, will present at the Bank ofAmerica Merrill…
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Santee Cooper celebrates one year anniversary of “Reduce the Use South Carolina” energy efficiency program
September 19, 2010Launches two new initiatives to save customers money and energy MONCKS CORNER, SC – September 19, 2010 – Santee Cooper today celebratedits one year anniversary of launching its “Reduce the…
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Duke Energy Named a Finalist for U.S. Chamber’s Annual ‘Companies that Care’ Award
September 17, 2010WASHINGTON, DC – September 17, 2010 – The U.S. Chamber of Commerce’s Business Civic Leadership Center (BCLC) has announced 20 companies that are finalists for the 11th Annual Corporate Citizenship…
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South Carolina Vehicle Conversion Centers Roll Out First Round of Propane Autogas Vehicles Under DOE-Funded Southeast Alternative Fuel Initiative
September 12, 2010GREENVILLE, SC – September 10, 2010 – Two South Carolina vehicle conversion centers, Greenville County and Light’N’Up, deployed 15 propane Autogas vehicles last month as part of a large-scale, Recovery…
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Duke Energy’s CFO Lynn J. Good to Address Barclays Capital
September 10, 2010CEO Energy-Power Conference Sept. 16 via Webcast CHARLOTTE, NC – September 10, 2010 – Lynn J. Good, Duke Energy’s group executive and chief financial officer, will address the Barclays Capital…
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Duke Energy Named to Dow Jones Sustainability Index World List
September 9, 2010CHARLOTTE, NC – September 9, 2010 – Duke Energy’s environmental, social and economic performance earned it a place on the Dow Jones Sustainability World Index announced today. The Dow Jones…
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Duke Energy Takes Steps to Further Advance Its Smart Grid Communications Architecture
September 2, 2010CHARLOTTE, NC – September 2, 2010 – Duke Energy has selected California-based Echelon Corporation and Massachusetts-based Ambient Corporation to further develop its grid-based communications architecture that connects various digital devices…
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Eagle Scout Gives Lowcountry Children’s Center an Energy Efficiency Upgrade
August 29, 2010CHARLESTON, SC – August 28 , 2010 – Eagle Scout, Jack Schaaf will complete the third phase of an energy efficiency upgrade for the Lowcountry Children’s Center on Saturday, August…
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Duke Energy Changes Focus of Coastal Wind Demonstration Project with UNC
August 19, 2010CHARLOTTE, NC – August 2010 – Duke Energy Carolinas will no longer pursue a plan to place up to three demonstration wind turbines in the Pamlico Sound. Instead, the company…
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Waldrop, Inc. Announces Formation of Waldrop Solar Solutions
August 4, 2010New Business Unit to Focus on Design/Installation of Hot Water and HVAC Systems Powered by Solar Energy SPARTANBURG, SC – August 4, 2010 – Spartanburg-based Waldrop, Inc., an established full-service…
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Duke Energy Posts Strong Second Quarter Adjusted Earnings; Increases Outlook for 2010
August 3, 20102010 adjusted diluted earnings per share (EPS) outlook range increased from $1.25 – $1.30 to $1.30 – $1.35 Second quarter 2010 adjusted diluted EPS was 34 cents, compared with 26…
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Hydro Station Upgrade Begins with Large Turbine Deliveries
August 2, 2010SALEM, SC – August 2, 2010 – Duke Energy’s Jocassee Pumped-Storage Hydroelectric Station will receive two new turbines for units 1 and 2 this fall, upgrading the station and increasing capacity…
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Duke Energy to Move Electrical Tie Station to a New Site
August 2, 2010CHARLOTTE, NC – August 2, 2010 – As a result of collaborative discussions with the Eastern Band of Cherokee Indians and Swain County, N.C., leaders, Duke Energy today announced plans…
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Duke Energy Names Ginny Mackin Chief Communications Officer
July 31, 2010CHARLOTTE, NC – July 30, 2010 – Duke Energy has named Ginny Mackin senior vice president and chief communications officer. She will be responsible for directing Duke Energy’s communications strategy…
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Duke Energy Begins Move into New Corporate Headquarters
July 23, 2010CHARLOTTE, NC – July 22, 2010 – Duke Energy employees will be on the move over the next couple of years — literally. Many of them will begin moving across the…
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Duke Energy Offers Energy-Saving Tips to Stay Cool and Save Money This Summer
July 7, 2010With temperatures soaring well into the 90s this summer, Duke Energy encourages customers to take some simple steps to stay cool and save money. “When temperatures are consistently high like…
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Duke Energy Forms Joint Venture with Alinda Capital Partners to Grow DukeNet Communications
June 28, 2010CHARLOTTE, N.C. – Duke Energy Corp., Alinda Capital Partners LLC and DukeNet Communications LLC today announced the formation of a joint venture to grow DukeNet. An affiliate of Alinda will…
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Duke Energy Increases Quarterly Dividend
June 27, 2010CHARLOTTE, NC – June 27, 2010 – Duke Energy today declared a quarterly cash dividend on its common stock of $0.245 per share, an increase of a half-cent over the…
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Santee Cooper President and CEO Lonnie Carter assumes APPA chairmanship
June 27, 2010MONCKS CORNER, SC – June 27, 2010 – Santee Cooper President andCEO Lonnie Carter assumed the chairmanship of the American Public PowerAssociation (APPA) at its National Conference in Orlando, Fla.…
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Charlotte Firm Wins First Energy Financing Contract in the Southeast
June 20, 2010Charleston, SC and Abundant Power team-up to save citizens’ energy CHARLESTON, SC – June 19, 2010 – Charlotte, NC based Abundant Power signed a contract today with the City of…
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Duke Energy Commercial Solar Power Project in Texas Secures Financing
June 12, 2010CHARLOTTE, NC – June 9, 2010 – For the second time in three weeks, Duke Energy (NYSE:DUK) announced the financing of assets in its commercial renewable power portfolio to help…
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Duke Energy Commercial Solar Power Project in Texas Secures Financing
June 9, 2010CHARLOTTE, NC – June 8, 2010 – For the second time in three weeks, Duke Energy announced the financing of assets in its commercial renewable power portfolio to help fund investments…
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Savvy Summertime Thermostat Settings
June 2, 2010Green Living: Energy-Saving Tips from Santee Cooper MONCKS CORNER, SC – June 2, 2010 – While the official start of summer is not until June 21, the warm weather has…
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Berkeley Green Power Project to Provide Renewable Energy and Reduce Greenhouse Gas Emissions
June 2, 2010Berkeley County, Blue Source, Google and Santee Cooper announce the Lowcountry’s first landfill gas-to-energy project MONCKS CORNER, SC – May 26, 2010 – In a Lowcountry first, Berkeley County Water &…
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Duke Energy Commercial Solar Power Project Producing Electricity in Shelby, N.C.
May 27, 2010CHARLOTTE, NC – May 27, 2010 – A one-megawatt solar power project owned and operated by a Duke Energy commercial business unit is now producing clean, renewable electricity for North…
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Duke Energy Announces Academic Scholars for 2010
May 19, 2010CHARLOTTE, NC – May 19, 2010 – Duke Energy announced today that 20 children of company employees have been selected to receive 2010 Duke Energy Foundation scholarships. Fifteen recipients will…
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