CHARLOTTE (WSPA) – Duke Energy has acquired Piedmont Natural Gas in a transaction that became effective on Monday.
The name Piedmont Natural Gas won’t change as it will be operated as a business unit of Duke Energy according to the company.
Piedmont has about one million natural gas customers, while Duke has a base of around 525,000 natural gas and 7.4 million electric customers.
The deal has now been approved by state regulators in North Carolina and Tennessee.
Duke Energy says customers of Piedmont Natural Gas will be able to do business with the company as in the past. There will be no immediate changes to customer service phone numbers, billing options or service request procedures.