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HomeAugust 8, 2013

Duke Energy Retail Seeing Higher Margins

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Copyright 2013 EnergyChoiceMatters.com.

Duke Energy Retail has seen higher margins for the first six months of 2013, versus margins seen in the first six month of 2012, parent Duke Energy reported in announcing earnings.

Specifically, higher margins at Duke Energy Retail for the six months ended June 30, 2013 contributed an incremental $7 million to the Commercial Power segment results, versus the year-ago results ($0.01 per share).

However, the retail margin gains were more than offset by declines in results for Commercial Power's generation, resulting in adjusted Commercial Power segment income of $3 million for the six months ended June 30, 2013, versus $62 million a year ago.

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Duke Energy Retail Seeing Higher Margins | EnergyChoiceMatters.com