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North Carolina

2004

Order Allowing Petition, Establishing Investigation, and Setting Hearing
In the Matter of Dominion North Carolina Power - Investigation of Existing Rates and Charges
Docket No. E-22, SUB 412
April 23, 2004
Approximately 28 Pages
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2001

Order Adopting Rule
In the Matter of Investigation of Certification Requirements for New Generating Capacity in North Carolina
Docket No. E-100, SUB 85
May 21, 2001
Approximately 14 Pages
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2000

Order Approving Fuel Charge Adjustment
In the Matter of Application by Carolina Power & Light Company for Authority to Adjust its Electric Rates and Charges Pursuant to G.S. 62-133.2 and NCUC Rule R8-55
Docket No. E-2, Sub 765
August 29, 2000
Approximately 8 Pages
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Order Approving Merger and Issuance of Securities
In the Matter of Application of CP&L Energy, Inc. to Engage in a Business Combination Transaction with Florida Progress Corporation
Docket No. E-2, SUB 760
August 22, 2000
Approximately 14 Pages

On February 3, 2000, pursuant to general statute 62-111 and 62-161 and Commission Rule R1-16, CP&L Holdings, Inc. filed an Application for authorization to engage in a business combination transaction between itself and Florida Progress Corporation (FPC), and in connection with that transaction, authorization to issue common stock without par value.

After nearly seven months of deliberation, argument and a company name change, CP&L Energy's (the former CP&L Holdings) Application was approved contingent upon the commitments made by CP&L Energy and a number of regulatory conditions specified by the North Carolina Utilities Commission. The list of conditions included those that follow.

CP&L Energy and all its Affiliates were required to take reasonable and appropriate actions to hold North Carolina retail ratepayers harmless from rate increases, foregone opportunities for rate decreases, and/or other effects of merger.

The Commission required that all costs of the merger and any acquisition adjustment that results from the business combination of CP&L Energy and FPC are to be excluded from each of CP&L's utility accounts for all purposes that affect each of its regulated retail rates and charges.

In addition, the Commission mandated that CP&L amend its North Carolina retail rate schedules, extend natural gas service to Tabor City in Columbus County by June 30, 2001, increase its annual contributions to economic development projects in eastern North Carolina by $75,000 for the time period June 1, 2000, through May 31, 2005, and continue to take steps to implement and further its commitment to providing superior public utility service following CP&L Energy's acquisition of Florida Progress.

The Commission reasoned that the rate concessions agreed to by CP&L Energy and the Public Staff and the benefits to CP&L, North Carolina Natural Gas and their customers resulting from the proposed merger adequately offset any potential cost, risk, and/or harms to CP&L's and NCNG's customers associated with the merger.
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Order Approving Fuel Charge Adjustment
In the Matter of Application of Duke Power, a Division of Duke Energy Corporation, Pursuant to G.S. 62-133.2 and NCUC Rule R8-55 Relating to Fuel Charge Adjustments for Electric Utilities - 2000
Docket No. E-7, Sub 661
June 26, 2000
Approximately 12 Pages
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Order Adopting Integrated Resource Plans
In the Matter of Investigation of Integrated Resource Planning in North Carolina - 1999
Docket No. E-100, Sub 84
June 21, 2000
Approximately 8 Pages
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Order Approving Application
In the Matter of Application by Carolina Power & Light Company, Interpath Communications, Inc., and North Carolina Natural Gas Corporation to Transfer Ownership of Carolina Power & Light Company, Interpath Communications, Inc., and North Carolina Natural Gas Corporation to a Holding Company
Docket Nos. E-2, Sub 753; P-708, Sub 5; G-21, Sub 387
May 17, 2000
Approximately 18 Pages
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1998

 In the Matter of Establishment of Universal Support Mechanisms Pursuant to Section 254 of the Telecommunications Act of 1996
Order Adopting Forward-Looking Economic Cost Model and Inputs
Docket No. P-100, Sub 133b
April 20. 1998
Approximately 38 Pages

On May 8, 1997, the Federal Communications Commission (FCC) released a Report and Order in CC Docket No. 96-45 (Universal Service Order or USO) in response to Section 254 of the Telecommunications Act of 1996 (the Act). In this Order, the FCC asked the states to elect, by August 15, 1997, whether they would conduct their own forward-looking economic cost (FLEC) studies for the purpose of determining federal universal service support for nonrural eligible carriers' rural, insular, and high cost areas.

On August 12, 1997, the Commission issued an Order electing to conduct its own FLEC study for submission to the FCC and notifying the FCC of its election. The Commission also adopted a timetable, which was modified by subsequent Orders, for developing North Carolina FLEC studies. The timetable included dates for filing proposed studies, supporting testimony and documentation, and for holding evidentiary hearings.
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