Highlights Filed today (Aug 14) for approval with state and federal regulators, operating as one utility could save customers even more than the $1 billion in cost savings already achieved . . .

Duke Energy is looking to merge its two subsidiaries in the Carolinas, a move the company says will make it more efficient ...

The Charlotte-based utility said in its announcement that such a merger would save customers even more than the $1 billion in ...

The company claims customers will save more than $1 billion in future costs and see no bill or service changes before 2027.

The merger involves Duke Energy Carolinas in the Charlotte area and Duke Energy Progress in the Triangle region.

The Charlotte-based utility giant projects customer savings of $1 billion by 2038 if the merger is approved.