Putting your power bill in the name of another person is nearly always unlawful. Only if a roommate, spouse, or family who lives at the same home takes responsibility for opening the accountand paying the billsis it allowed to have a utility bill in another person’s name.
Is it possible for me to pay someone else’s Duke Energy bill?
To add an Authorized Person, the Customer of Record must have their Social Security number or other Personally Identifying Information on file. Each time the Authorized Person contacts Duke Energy, they will be prompted to authenticate the Customer of Record’s Social Security number or other Personally Identifying Information.
How can I see if I have any bills in my name?
Look over your credit reports. Obtaining your credit reports from the three major credit agencies, Experian, TransUnion, and Equifax, should be your first step in identifying what obligations you owe. Creditors typically report debt accounts to one or more credit bureaus, which then include the information in their credit reports.
Is it possible to change the name on your Duke Energy account?
Many utility companies now have online forms where you can change your name or switch your service to your name. If you are or will be a Duke Energy client, for example, you can use the company’s online Start, Stop, and Move feature to change your bill to your name.
What is the amount of the Duke Energy deposit?
As a result, Duke Energy will have a total of $417.00 as a “security deposit,” which they want to keep for the next 23 months to ensure that payments are made on time. So my modest 3-bedroom, 1,082 square foot home now requires a $417 security deposit, despite the fact that our highest bill has never exceeded $300, even during Florida’s hottest months? So we only have one business day to pay our $592 total overdue bill, or we’ll be disconnected for the first time in our lives? Duke Energy, you’re amazing! Congratulations on your “excellent” customer service and humanitarian abilities! I’ve seen several posts where you do this to individuals who are struggling and living on a fixed income. Could it be that all of these extra security deposits you’re placing on your books are causing your stock to soar? This is a ridiculous situation. Why do legislators allow this to happen? Immediate class action is essential!
Is it possible to have joint electric bills?
Putting two names on a utility bill is not difficult once both parties agree to share responsibilityit usually simply takes both parties to inform the energy company over the phone or in person.
In Ontario, how can I change my name on my utilities?
To begin, you must contact your current utility provider to cancel service at your previous address. Disconnecting service from any utility requires at least five days’ notice, so don’t wait until the last minute. It’s best to give yourself a week or two’s notice. You should be able to reach out to your utility by email or phone.
Your account number, which can be found on your energy and natural gas bills, is required. You’ll also need to call an electricity or natural gas retailer if you have a contract with them. Give your retail provider at least two weeks’ notice if possible. If they are unable to serve you at your new address, they will transfer your service or cancel your contract.
Is it possible to open a Duke Energy account online?
To create an online profile and manage your account, choose one of the options below (s). If you need to get service started at a new location, you can do it now.
What’s the difference between Duke Energy and Duke Energy Progress, and what’s the difference between Duke Energy and Duke Energy Progress?
CHARLOTTE, N.C. Bill Johnson is named President and Chief Executive Officer of the Combined Company by the Board of Directors. By Mutual Consent, he resigns.
Duke Energy Corporation stated today that its previously announced merger with Progress Energy Inc. has been completed, with the transaction taking effect on July 2, 2012.
Duke Energy will be the new company’s name, and it will be based in Charlotte with significant operations in Raleigh, North Carolina. Duke Energy will trade under the name DUK on the New York Stock Exchange.
Progress Energy Inc. has become a wholly owned direct subsidiary of Duke Energy, according to the provisions of the merger agreement, establishing the country’s largest electric utility in terms of enterprise value, market capitalization, generation assets, consumers, and a variety of other metrics.
Jim Rogers has been named president and chief executive officer of the combined firm by Duke Energy’s newly formed board of directors, effective immediately. Rogers will continue to serve as chairman of the company’s board of directors. By mutual agreement, Bill Johnson has resigned as president and chief executive officer of the combined firm.
“The new Duke Energy will be better able to meet the energy needs of our 7.1 million customers in a safe, reliable, affordable, and increasingly clean manner,” said Rogers, chairperson, president, and CEO of Duke Energy. “As a united firm, we will seek to provide advantages to our customers, increase shareholder value, and expand our employees’ career prospects.”
Rogers went on to say, “Team members from Duke Energy and Progress Energy have worked tirelessly over the last several months to ensure that we are ready to go on day one. I’d also like to express my gratitude to the regulatory and legal teams for their assistance in getting us to the finish line.”
“I am looking forward to working with Progress management and all of the merged company’s workers to ensure that we are always seeking to increase our levels of safety, operational excellence, and customer satisfaction,” he added. “I am committed to the successful implementation of our strategy and am excited to go forward as a single entity.”
“Jim Rogers is well-suited to lead the integration effort and to push our combined businesses forward, having served as CEO of Duke and its predecessor companies for more than 23 years,” said Ann Maynard Gray, lead director of Duke Energy’s board of directors. “The board of directors is looking forward to working with Jim and the rest of the executive team to strengthen our position as a utility with financial health and more flexibility to meet our customers’ demands.”
“Bill Johnson was essential in helping us conclude the merger with Progress Energy,” Ms. Gray said, “and we wish him well in his future pursuits.”
Duke Energy’s adjusted diluted earnings per share (EPS) guidance for 2012 was $1.40 to $1.45 on a standalone basis. This forecast range is comparable to $4.20 to $4.35 per share due to the effect of the 1-for-3 reverse stock split that was conducted in conjunction with this merger transaction. The merged company’s adjusted diluted EPS guidance for 2012 remains unchanged at $4.20 to $4.35.
Duke Energy’s new market valuation is around $49 billion, with total assets of more than $100 billion and 7.1 million electric consumers across the Carolinas, Florida, Indiana, Kentucky, and Ohio. Following the merger, regulated utilities will make up a larger share of Duke Energy’s business mix.
Duke Energy International operates power plants in Central and South America; Duke Energy Renewables develops and owns wind and solar projects in the United States; and Duke Energy’s Midwest generation and Duke Energy Retail, which generate, market, and sell electricity in the Midwest, are among Duke Energy’s major commercial operations.
Each share of Progress Energy common stock has been converted into the right to receive 0.87083 shares of Duke Energy common stock under the provisions of the merger agreement (which reflects the impact of the 1-for-3 reverse stock split that occurred immediately prior to the closing of the merger).
The reverse stock split is intended to reduce the amount of Duke Energy shares on the market.
When the merger was announced on Jan. 10, 2011, the overall transaction value, including Progress Energy’s debt, was $26 billion. The acquisition is currently valued at around $32 billion, depending on Duke Energy’s share price and includes Progress Energy’s debt.
On a brief conference call today at 8:30 a.m. ET, Jim Rogers, Ann Maynard Gray, and Lynn Good will address the announcement.
Instructions for today’s teleconference: Callers in the United States should dial 866-610-1072, while international callers should dial +1-973-935-2840. Participants will be required to enter their first and last names, as well as their professional affiliation. 97522658 is the conference access code. Beginning at 11:30 a.m. ET today, a telephone replay will be available by dialing 800-585-8367 (or +1-404-537-3406 for international callers) and entering conference access number 97522658.
The Private Securities Litigation Reform Act of 1995 applies to this material, which contains forward-looking statements. “May,” “will,” “should,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “goal,” “forecast,” and other words and phrases of similar meaning are commonly used to identify forward-looking statements. Estimates, expectations, projects, goals, forecasts, assumptions, risks, and uncertainties are all included in forward-looking statements. Any forward-looking statement made by Duke Energy is not a guarantee of future performance, and actual outcomes may differ considerably from those projected in the forward-looking statement. Statements concerning the benefits of the Duke Energy and Progress Energy merger, including future financial and operating outcomes, Duke Energy’s plans, objectives, expectations, and intentions, and other statements that are not historical facts are examples of forward-looking statements. Risks and uncertainties relating to: the risk that the businesses will not be successfully integrated; the risk that the cost savings and any other synergies from the transaction will not be fully realized or will take longer than expected; disruption from the transaction making it more difficult to maintain relationships with custodians; the risk that the cost savings and any other synergies from the transaction will not be fully realized or will take longer than expected; the risk that the cost savings and any other synergies from the transaction will not be fully (SEC). Additional risks and uncertainties are recognized and described in Progress Energy and Duke Energy’s reports filed with the Securities and Exchange Commission (SEC), which are available at http://www.sec.gov/. Duke Energy assumes no duty to update or alter any forward-looking statements, whether as a result of new information, future events, or otherwise.