News Release
Dec. 03, 1997

DUKE ENERGY CONTINUES TO EXPAND IN CALIFORNIA

CHARLOTTE, N.C., Dec. 3, 1997 -- DukeSolutions, a subsidiary of Duke Energy, the ninth-largest energy company in the world, today named its sales leaders for California and the western states, creating the framework to enhance its presence in the integrated energy services marketplace on the West Coast.

"Mike Gadd will lead the western national account division in Los Angeles," said Charlie Watkins, president of DukeSolutions. "Mike and his team will concentrate on national industrial and commercial customers headquartered in western states. David Cesio will lead the regional sales team from northern California. The regional team will focus on those companies with facilities located in western states."

A California native, Gadd brings 27 years of electric utility experience to DukeSolutions. He previously held positions with Southern California Edison, including director of the energy efficiency division.

Cesio brings 37 years of energy expertise, 22 of which were spent with Pacific Gas & Electric. He also founded and managed his own energy consulting firm, Summit Energy, and most recently was XENERGY’s director of business development for its western region.

Gadd and Cesio have extensive energy supply and demand side engineering skills and experience in managing the needs of medium and large commercial and industrial clients. Together, they bring to DukeSolutions the expertise in the energy systems of a wide range of industries including manufacturing, real estate, hospitality, entertainment, institutional, food processing, glass, pulp, paper and aerospace.

DukeSolutions offers customers comprehensive energy solutions, Watkins said. "We integrate energy supply, efficiency and productivity, financing and related energy services and create a flexible, cost-saving solution for each customer. Organizations realize greater savings, productivity improvements and other customized enhancements by approaching their energy program in this unified manner."

Watkins said DukeSolutions’ connection to Duke Energy, based in Charlotte, N.C., gives the subsidiary a wealth of resources and expertise to support its offering to clients in industrial, commercial, institutional and governmental markets nationwide.

The announcement of DukeSolutions’ California leaders comes on the heels of Duke Energy’s purchase of three power plants in California. These plants, with a combined generation capability of 2,645 megawatts, and this move by DukeSolutions, strengthen Duke’s presence and capabilities in the West.

Duke Energy Corp. (NYSE: DUK) is a global energy company with more than $20 billion in assets. Duke Energy companies provide electric service to about 2 million customers; operate pipelines that deliver 12 percent of the natural gas consumed in the United States; and are leading marketers of electricity, natural gas and natural gas liquids. Globally the companies develop, own and operate energy facilities and provide engineering, management, operating and environmental services. Contact Duke Energy on the World Wide Web at http://www.duke-energy.com.

Contact: Mary Alice Rogers
Phone: 704-373-6574
24 Hour Phone: 704-594-0681
Email: media_relations@duke-energy.com