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Troutman Sanders LLP: Duke, Progress File Updated Settlement Agreement in North Carolina

By Troutman Sanders LLP On May 8, 2012, Duke Energy Corp. ("Duke") and Progress Energy, Inc. ("Progress") (collectively, "Applicants") entered into a supplemental merger settlement agreement with the North Carolina Utilities Commission ("NCUC") Public Staff...

Steptoe & Johnson PLLC: FERC Electric Transmission Line Rate Incentives Affirmed

By Kurt L. Krieger On January 24, the United States Court of Appeals for the Fourth Circuit upheld a 2012 order issued by the Federal Energy Regulatory Commission (“FERC”) denying rehearing of a 2008 order granting rate incentives to an electric utility for various transmission projects...