Make us your home page

Reaction to Duke Energy, Progress Energy merger

What they are saying about the deal

"I see it as neutral (for the city), but a real win for Progress Energy. And if it's good for them, then it's good for us."

Bill Foster, St. Petersburg mayor

"True merger of equals and natural operational fit. … This is a solid deal that makes sense. Customers get the majority of the benefits, but shareholders are not left behind."

Lasan Johong, RBC Capital Markets Equity Research

"I think at the end of the day it will lead us to higher customer satisfaction levels."

Jim Rogers, chief executive of Duke Energy

"It's a good sign if Duke (Energy) was rated high by its customers. That's hopeful."

Suzan Franks, president of the Citizens for Ratepayers Rights

"I do not think anybody should be a monopoly," saying the merger is not good for consumers because it could lead to higher residential rates.

Bette Putnam of New Port Richey

"Big business is unmitigated greed. Too much is never enough," lamenting the decline in competition, despite potential efficiencies the merger is likely to have.

Fred Jacobsen of Apollo Beach

"You have to give them a year to see what they do," saying it's too early to judge Duke Energy at this point.

Gary Feifer of New Port Richey

"I truly believe rates will go up. People are having a hard time. They're going crazy will all these (mergers)."

Annie McCarter of St. Petersburg

Reaction to Duke Energy, Progress Energy merger 01/10/11 [Last modified: Tuesday, January 11, 2011 7:52am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Airbag maker Takata bankruptcy filing expected in Japan, U.S.


    DETROIT — Japanese airbag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of faulty air bag inflators.

  2. Federal agencies demand records from SeaWorld theme park


    ORLANDO — Two federal agencies are reportedly demanding financial records from SeaWorld.

    Killer whales Ikaika and Corky participate in behaviors commonly done in the wild during SeaWorld's Killer Whale educational presentation in this photo from Jan. 9. SeaWorld has been subpoenaed by two federal agencies for comments that executives and the company made in August 2014 about the impact from the "Blackfish" documentary. 
[Nelvin C. Cepeda/San Diego Union-Tribune/TNS]
  3. Legalized medical marijuana signed into law by Rick Scott

    State Roundup

    TALLAHASSEE — Gov. Rick Scott on Friday signed into law a broader medical marijuana system for the state, following through on a promise he made earlier this month.

    Gov. Rick Scott signed legislation on Friday that legalizes medical marijuana in Florida.
  4. Line of moms welcome Once Upon A Child to Carrollwood


    CARROLLWOOD — Strollers of all shapes and sizes are lined up in front of the store, and inside, there are racks of children's clothing in every color of the rainbow.

    At Once Upon A Child, you often as many baby strollers outside as you find baby furniture and accessories. It recently opened this location in Carrollwood. Photo by Danielle Hauser
  5. Pastries N Chaat brings North India cuisine to North Tampa


    TAMPA — Pastries N Chaat, a new restaurant offering Indian street food, opened this week near the University of South Florida.

    The menu at Pastries N Chaat includes a large variety of Biriyani, an entree owners say is beloved by millions. Photo courtesy of Pastries N Chaat.