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To qualify for assistance from the fund, you must be a Duke Energy or Duke Energy Progress residential customer and have a past-due balance, unpaid deposit for utility service or unpaid ...
In July 2012, Duke Energy was criticized for paying former Progress Energy CEO Bill Johnson $44.7 million in compensation, including a $10 million severance, for something close to 20 minutes on the job as Duke's CEO. [66] In 2012, Duke Energy sued Citrus County, Florida claiming its tax bill was too high. The county hired an outside appraiser ...
In 2000, Carolina Power & Light bought Florida Power Corporation and changed its name to Progress Energy. Progress Energy represents a family of companies, including CP&L, Florida Power, Progress Telecom, NCNG and SRS, and an important new organization, Energy Ventures. The company built a new headquarters in downtown Raleigh in 2004. [3]
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In 1987, CP&L placed the Shearon Harris Nuclear Power Plant into service. In 2002, subsequent to the 2000 acquisition of Florida Progress Corporation, CP&L began doing business as Progress Energy, Inc. [1] It then distinguished its operations as Progress Energy Carolinas and Progress Energy Florida. In 2011, Duke Energy acquired Progress Energy ...
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In August 1999 Carolina Power and Light Company agreed to buy the Florida Progress Corporation. [4] The merger was complete in 2000, and the combined company was called Progress Energy. [ 5 ] In 2009 the company announced that the coal-fired units and combustion turbines at the H.F. Lee Plant would be retired. [ 1 ]
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