Duke Energy Endorses National Action Plan for Energy Efficiency’s ‘Vision for 2025: A Framework for Change’

CHARLOTTE, N.C., Jan. 12 /PRNewswire-FirstCall/ — The following is a
statement by Duke Energy (NYSE: DUK) Chairman, President and CEO Jim Rogers:

“Duke Energy fully endorses the National Action Plan for Energy
Efficiency’s (NAPEE) Vision for 2025 as a framework for helping the country
achieve all cost-effective energy efficiency by the year 2025.

“Vision for 2025 was created with input from more than 100 organizations
from 50 states with the idea that by defining a vision, we could detail the
steps necessary to pursue efforts to take energy efficiency in our nation to
the next level.

“The vision illustrates 10 key implementation goals and describes what
2025 could look like if we achieve those goals. I think the timing of this
document could not be more appropriate as the country struggles with ideas for
stimulating the economy and reducing overall energy use.

“Instead of reinventing the wheel, this vision serves as a guideline to
all policymakers — both state and federal. Considerable efforts on energy
efficiency are already under way, and these goals detail how states and the
federal government can continue these efforts most effectively.

“I believe that a scattered approach to efficiency not only confuses
customers, it will not achieve the largest savings for the dollar invested.

“Just as in developing power plant options, efficiency should be
thoroughly researched to identify savings. These plans should then be
implemented in an effective manner. The same is true as the federal
government looks to further energy efficiency goals. While the emphasis
currently seems to be on weatherization, the fact remains that there are far
more meaningful and effective methods of achieving sustainable and substantial
energy savings.

“I urge other CEOs in the energy industry and our elected officials and
regulators to review NAPEE’s Vision for 2025 and join me in helping make its
objectives a reality.”

Initiated in 2005, NAPEE is directed by a leadership group of 30 electric
and gas utilities, 20 state agencies and 12 other organizations. The group is
co-chaired by Jim Rogers and Marsha Smith, former president of the National
Association of Regulatory Utility Commissioners and commissioner of the Idaho
Public Utilities Commission. The Action Plan works under the auspices of the
Environmental Protection Agency and the Department of Energy which provide
technical assistance.

For more information about NAPEE’s Vision for 2025, visit the web site:

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company
traded on the New York Stock Exchange under the symbol DUK. More information
about the company is available on the Internet at: http://www.duke-energy.com.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20040414/DUKEENERGYLOGO )

    CONTACT:  Dave Scanzoni
    Phone:    704-382-2543
    24-Hour:  704-382-8333

[Via http://www.prnewswire.com]


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