CHARLOTTE — Duke Energy plans to file applications this year to merge the two companies it operates in the Carolinas.
Those companies are Duke Energy Carolinas and Duke Energy Process.
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According to the Charlotte Business Journal, the utility’s new CEO, Harry Sideris, believes that the application process will take nearly a year.
Both state and federal regulators are expected to be involved.
Duke Energy hopes the merger will take effect in 2027.
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