Duke Energy 2006 Annual Report Download - page 31

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DUKE ENERGY 2006 SUMMARY ANNUAL REPORT 29
Balancing customer and shareholder interests
Our primary goals are to deliver competitively priced, reliable energy to our customers while protecting the environment
and earning reasonable returns for our investors. In this growing economy, we need to make major investments in a new
generation of power plants, as well as in our transmission and distribution systems, in order to meet increasing customer
demands for energy. Given the uncertainties about future environmental regulations, we also want to expand our portfolio to
include more energy-efficient products and services, and more renewable energy options. We are convinced that a diverse
resource portfolio will be more cost-effective and sustainable over the long term. The new challenges we face demand new
regulatory solutions. Too often, traditional regulatory policies pit customer interests against shareholder interests. We are
committed to finding regulatory strategies that align the interests of customers and shareholders, resulting in benefits to both
in all five states where we do business.
KAY PASHOS IS VICE PRESIDENT FOR REGULATORY STRATEGY AT DUKE ENERGY.
HER TEAM IS RESPONSIBLE FOR PERSUADING STATE REGULATORS TO APPROVE THE COMPANY’S REGULATORY STRATEGY,
WHICH TAKES INTO ACCOUNT THE NEEDS OF BOTH CUSTOMERS AND SHAREHOLDERS.