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N.C. panel keeps merger hearing limits

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  • Group: Open utility merger's contract deals
  • Duke Energy names S.C. president

    Duke Energy has named economic development veteran Clark Gillespy its president for South Carolina. He will replace Catherine Heigel, who recently took a job in Wisconsin.

    Gillespy joined Duke in 2004. He previously was Duke’s vice president of economic development, business development and territorial strategies in the Carolinas.

    CEO Jim Rogers credited Gillespy’s team with helping bring $16 billion in capital investment and more than 50,000 jobs to the Carolinas since 2005.

    In South Carolina, he will oversee rate and regulatory affairs, government relations, economic development and community affairs. Gillespy will remain as S.C. president after Duke’s planned merger with Progress Energy, targeted to close July 1.

    Heigel resigned from Duke in May, effective Monday, to become vice president, general counsel and corporate secretary of American Transmission Co. in Waukesha, Wisc. Duke has about 600,000 customers in South Carolina and 6,000 employees and contractors in its Upstate. Bruce Henderson



The N.C. Utilities Commission won’t reconsider an order limiting the scope of a hearing Monday on the Duke Energy-Progress Energy merger.

The commission granted the hearing after the N.C. Waste Awareness and Reduction Network, an anti-nuclear group in Durham, argued that circumstances have changed since the commission held merger hearings last September.

Among the changes, the anti-nuclear group said, were confidential settlement agreements between the utilities and customer groups. There’s also evidence that Duke and Progress customers might be forced to pay for new power plants, the group said.

The claims came late in an 18-month merger approval process that Duke and Progress hope will conclude next week.

The commission granted a hearing but limited its range. The group will be allowed only to question two officials who filed written testimony on the impact of the utilities’ merger plan that was approved by federal regulators. The group won’t be able to offer new testimony.

The commission ruled Friday that it wouldn’t reconsider the limits it had placed on the hearing.

Duke and Progress had urged the commission to deny the group’s request. In a separate motion, the utilities also said the commission should keep merger agreements between the utilities and customer groups confidential.

The anti-nuclear group challenged the 15 agreements this week, saying they did not constitute trade secrets that are exempt from open-records law. The agreements could alter the merger’s terms or shift costs from one customer group to another, the group claimed.

In response, Duke and Progress assert that the documents do hold trade secrets. The utilities also say the anti-nuclear group, like other formal parties to the merger case, could have asked to see the agreements when they were first filed last November, but didn’t.

Henderson: 704-358-5051On Twitter: @bhender

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