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In May 2011, Duke agreed to pay $30M to resolve allegations that changes made to the company pension plan disproportionately harmed employees over 40, costing many of them up to half of their accrued benefits. [62] In December 2011, the non-partisan organization Public Campaign criticized Duke Energy for spending $17.47 million on lobbying.
Progress Energy was a power generation and distribution company. Prior to its merger with Duke Energy, it was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues.
Lynn J. Good is chair, president and chief executive officer of Duke Energy, a Fortune 500 company. Good is an Ohio native and graduated from Miami University where she earned a BS in Systems Analysis and Accounting (1981). [1]
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At least 60 Lake Norman neighbors have emailed state regulators urging them to reject Duke Energy’s plans for two natural gas turbines off their curvy, tree-draped, two-lane Catawba County road.