Duke Energy CEO calls move by power giant potential threat

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Stock photo

CHARLOTTE, N.C.– Duke Energy’s CEO Jim Rogers is calling a move by another power giant a “potential threat”, WSOC reports.

In an article by Bloomberg, NRG Energy, the biggest power provider to U.S. utilities, said it will bypass those utility clients and instal solar panels on the rooftops of homes and businesses.

Not only does NRG Energy plan on installing solar panels for customers, but in the article, its CEO David Crane is quoted as wanting to provide them with equipment that would allow them to store their own energy — essentially becoming their own utility company.

Duke Energy’s CEO Jim Rogers is quoted as saying, “It is obviously a potential threat to us over the long-term.”

Read more at WSOC and Bloomberg


Filed in: News

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