Progress Energy shareholders will get 2.6125 shares of Duke Energy for each of their shares.
Other companies receiving awards include New York's Consolidated Edison Company, Houston's CenterPoint Energy, and Progress Energy.
Duke Energy and Progress Energy filed papers in North Carolina yesterday seeking approval for a merger.
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Other competitors in the utilities sector include: Southern (SO), SCANA (SCG), and Progress Energy ( PGN).
In somewhat of a surprise move, Canada yesterday blocked Petronas in its bid for Progress Energy.
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The 10 are Alliant Energy, CMS Energy, Con Edison, Southern Company, DTE Energy, Northeast Utilities, Progress Energy, PPL Corp.
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Duke Energy has had a difficult time dealing with investor response to its after-hours CEO change following the completion of its merger with Progress Energy.
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The newly-combined Duke Energy and Progress Energy fired its chief executive after 20 minutes of duty and then re-hired its trusted hand, Jim Rogers.
Its members include Alliant Energy, Ameren, CMS Energy, Consolidated Edison, DTE Energy, Northwest Utilities, PPL, Progress Energy, Public Service Enterprise Group, SCANA, Southern Company and The United Illuminating Company.
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The storm knocked out power to 250, 000 homes and business starting last weekend, but electricity had been restored to all but about 15, 000 Progress Energy customers by midday Tuesday.
And third, the most important technology progress in energy has occurred with hydrocarbons, making them more abundant, affordable and greener.
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With representatives on both sides of the aisle now recognizing the importance of national investments in clean, American energy sources, new opportunities for bipartisan progress on clean energy may be possible where efforts to pass contentious cap and trade legislation have repeatedly failed.
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The US Armed Forces continue to make progress in reducing energy consumption and advancing alternative power sources.
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It's not easy to achieve reform of the tax code, spending on infrastructure, and progress on green energy.
Administration sources tell CNN they expect progress on several energy and environmental issues to emerge from the U.S.-China summit.
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We are also making progress bringing renewable energy to American cities and towns.
China will make surprising progress in using energy more efficiently.
But the question is whether we build on the progress for the new energy sources of the future.
The unprecedented globalization of the late 19th and early 20th centuries was mostly reversed during the 1920s and 1930s, with disastrous consequences, despite continued technological progress in communications and energy.
We have important progress to make on energy cooperation.
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Perhaps the biggest progress has been in wind energy where Germany and Spain lead the world.
We have made extraordinary progress in investing in clean energy -- largest investment in clean energy in our history.
An important lesson to be drawn from the Utah experience is that significant progress in building a clean energy economy is possible even as the debate in Washington D.
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In 2009, the Center for American Progress sponsored the National Clean Energy Project, in which they detailed the implementation of an efficient, high-voltage grid that would extend from coast to coast.
Mr Schneller says the pace of progress on infrastructure must dictate the energy mix, not the other way around.
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This kind of progress is happening throughout our clean energy sector.
On the plus side, the foundation acknowledged that substantial progress had been made in improving energy efficiency in both new and existing homes and reducing fuel poverty among vulnerable groups.
Financing might not be the first thing that comes to mind when talking about energy and sustainability, but it is an incredibly important part of our progress and our future capacity when it comes to saving energy and money in the Federal Government.
It is clear from the positive progress with smart grid pilots that the energy utilities can also succeed.
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