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Duke University’s Jackson Ewing on a massive merger between NC’s two largest electricity providers

Jackson Ewing (Photo: Courtesy Duke University)

Earlier this month, regulatory commissions in North and South Carolina approved a merger between the two energy monopolies that dominate electricity production and distribution in our state: Duke Energy Carolinas and Duke Energy Progress. The merger comes at a time of rapid consolidation in the energy industry. Indeed, even as the merger of the two Duke entities is moving forward, Florida-based NextEra announced that it is acquiring Dominion Energy, which serves part or northeastern North Carolina.

So, what does all of this mean? What do the…

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