DUKE ENERGY: Consumers’ Antitrust Lawsuit in Ohio Court Pending

Duke Energy Corp. disclosed in its Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that an antitrust suit filed by four plaintiffs, including individual, industrial and non-profit customers, is still pending in the Southern District…

PROGRESS ENERGY: PEC Began Recovery of GridSouth Costs Last July

Progress Energy Inc.’s subsidiary, Carolina Power & Light Company d/b/a Progress Energy Carolinas, Inc., began amortization and recovery of the wholesale portion of its GridSouth development costs in July 2008.

In 2000, the FERC issued Order 2000, which set minimum characteristics…

DUKE ENERGY: Working with Gov’t Probe on DETC Trading Operations

Duke Energy Corp. continues cooperating with the government in its trading related investigation.

Beginning in February 2004, the Company has received requests for information from the U.S. Attorney’s office in Houston focused on the natural gas price reporting activities of certain…

DUKE ENERGY: Facing Consumers’ Antitrust Lawsuit in Ohio Court

Duke Energy Corp. is facing an antitrust suit filed by four plaintiffs, including individual, industrial and non-profit customers, in the Southern District of Ohio.

The plaintiffs filed the lawsuit in January 2008, against the Company in federal court in the…

DUKE ENERGY: Faces Remaining Western Electricity Pricing Case

Duke Energy Corp. continues to face a remaining case alleging that the Company artificially inflated the price of electricity in certain western states.

Plaintiffs, on behalf of themselves and others, in three lawsuits allege that Duke Energy affiliates, among other…

DUKE ENERGY: Settlement of Price Indexing Cases Amended in July

The settlement agreement resolving 13 price indexing cases against Duke Energy Corp. was executed in February 2008, and amended and restated in July 2008.

The Company and several of its affiliates, as well as other energy companies, have been parties…

DUKE ENERGY: Faces Inupiat Village Suit on Global Warming Claims

Duke Energy Corp. defends itself in the lawsuit brought by the governing bodies of an Inupiat village in Alaska, alleging that the Company conspired to mislead the public with respect to global warming.

On Feb. 26, 2008, plaintiffs filed suit…

DUKE ENERGY: Disputing $40Mil Additional Assessment in Brazil

The legal challenge on the merits of the US$40 million assessment against Duke Energy Corp.’s subsidiary, Duke Energy International Geracao Paranapanema S.A. (Paranapanema), remains pending before the Brazilian federal court.

In June 2007, the Brazilian electricity regulatory agency (ANEEL) issued…