Duke Energy Carolinas and Duke Energy Progress Receive Regulatory Approvals for Utility Combination

Duke Energy Carolinas, LLC

FERC authorized the combination on January 30, 2026.
South Carolina PSC voted to approve on April 30, 2026.
North Carolina UC issued approval order on May 1, 2026.
Targeted effective date is January 1, 2027.
Duke Energy Corp will contribute equity in Duke Energy Carolinas to Progress Energy prior to merger.

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