FGD and DeNOx
NEWSLETTER       

                                                                                                         September 2005
                                                                                                             No. 329

Duke Files Merger Applications in North and South Carolina

In applications filed with the North Carolina Utilities Commission and the Public Service Commission of South Carolina, Duke said its planned merger with Cinergy will create a larger, more diversified and financially stronger company. The increased scale and scope of the combined company will position it well to meet future energy and infrastructure needs. "For more than a century, our customers in the Carolinas have counted on Duke Power for reliable electric service at a cost well below the national average," said Ruth G. Shaw, President and Chief Executive Officer of Duke Power. "The efficiencies, scale, and shared best practices resulting from the Cinergy merger will help us continue our century-long tradition of low-cost, reliable service for customers." The new Duke Energy and Duke Power will maintain their headquarters in Charlotte, NC.

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