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Duke Energy to Host Informational Conference Call on Edwardsport Plant Cost Increase Agreement Sept. 17, 2010

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CHARLOTTE, N.C. -

Duke Energy will host a conference call for investors and analysts from 1 to 2 p.m. ET on Monday, Sept. 20. The purpose of the call is to discuss the agreement reached with key consumer groups on how cost increases associated with the construction of the Edwardsport IGCC plant in Indiana should be addressed for ratemaking purposes. Terms of the agreement were announced today.

Jim Rogers, Duke Energy chairman, president and CEO, and Jim Turner, group executive, president and chief operating officer, U.S. Franchised Electric and Gas, will conduct the conference call. Chief Financial Officer Lynn Good also will be available during the question and answer session.

A live webcast of the presentation will begin at approximately 1 p.m. ET. The webcast will be available via the investors' section of Duke Energy's Web site at: www.duke-energy.com/investors/ or by dialing 888-656-7419 in the United States or 913-312-1503 outside the United States. The confirmation code is 8028514. Please call in 10 to 15 minutes prior to the scheduled start time. A replay of the webcast will be available by accessing the investors' section of the company's website or will be available until Sept. 30 by dialing 888-203-1112 in the United States or 719-457-0820 outside the United States. The replay confirmation code is 8028514.

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/. To learn more and contribute to the discussion about the energy issues of today and the possibilities of tomorrow see http://www.sheddingalight.org/.


Contact: Media Contact: Tom Shiel
Phone: 704-382-2355
24-Hour Phone: 800-559-3853
e-mail:
Contact: Analyst Contact: Bill Currens
Phone: 704-382-1603
24-Hour Phone:
e-mail:

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