Duke Power increases its commitment to economic development

Friday, June 27, 2003

"Duke Power is putting more mind, more muscle and more money into economic development."

That's what Duke Power's President promises Charlotte.

The Duke economic-development effort includes a 50% reduction in electric rates for certain companies. The company also has created a fund, capped at $1 million per year, designed to be a deal-sealing incentive for industries moving to the Carolinas.

Read more.

Duke Power President Ruth Shaw delivered the keynote address to the annual meeting of the Charlotte Regional Partnership on June 17. Read her remarks.

posted by Ed Morrison |

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