Duke Energy has reached an agreement with North Carolina's customer advocacy organizations, the state Attorney General's Office, and other relevant parties regarding the merger plan of its subsidiaries, Duke Energy Carolinas and Duke Energy Progress.

This agreement marks significant progress in the key step of integrating the operations of two major subsidiaries. The merger proposal aims to optimize resource allocation, enhance operational efficiency, and ultimately provide more stable and reliable services to electricity users in North Carolina. The consensus reached among all parties has laid a solid foundation for advancing the subsequent regulatory approval process, demonstrating the recognition and support of relevant stakeholders for the development prospects of the merged company.