Written by the SC Daily Gazette.
Duke Energy is asking regulators for permission to merge its two utilities in the Carolinas — Duke Energy Carolinas and Duke Energy Progress.
The Charlotte-based utility said in its announcement that such a merger would save customers even more than the $1 billion in savings it has seen in the 13 years since Duke Energy merged with Raleigh-based Progress Energy. The company also called the proposal a “reorganization” in its announcement, but it is legally a merger…