FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * Trent Keith   2. Issuer Name and Ticker or Trading Symbol Duke Power CO LLC [DUK] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) GVP Gen Consl & Secy (Last) (First) (Middle) 526 SOUTH CHURCH STREET 3. Date of Earliest Transaction (Month/Day/Year) 03/31/2006 (Street) CHARLOTTE, NC 282021802 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 04/03/2006(1)   D   3,838 D $ 0 0 I By Trustee under Retirement Savings Plan Common Stock 04/03/2006(1)   D   3,384 D $ 0 0 I By Trustee, Executive Savings Plan II

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
LTIP Phantom Stock 2004 Grant	(2)	04/03/2006(1)		D			2,412	(3)	(4)	Common Stock	2,412	$ 0	0	D
LTIP Phantom Stock Grant Feb 2005	(2)	04/03/2006(1)		D			6,968	(5)	(4)	Common Stock	6,968	$ 0	0	D
Phantom Stock	(2)	04/03/2006(1)		D			1,642	(6)	(4)	Common Stock	1,642	$ 0	0	D
Phantom Stock II	(2)	03/31/2006		A		416		(7)	(4)	Common Stock	416	$ 0	866	D
Phantom Stock II	(2)	04/03/2006(1)		D			866	(7)	(4)	Common Stock	866	$ 0	0	D
Stock Option (Right to Buy)	$ 31.1	04/03/2006(1)		D			12,700	(8)	07/01/2012	Common Stock	12,700	$ 0	0	D
Stock Option (Right to Buy)	$ 13.77	04/03/2006(1)		D			13,200	(9)	02/25/2013	Common Stock	13,200	$ 0	0	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Trent Keith 526 SOUTH CHURCH STREET CHARLOTTE, NC 282021802			GVP Gen Consl & Secy

Signatures

By: Judy Z. Mayo, as Attorney-in-Fact for		04/04/2006
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	On April 3, 2006, Duke Energy Corporation, now known as Duke Power Company, LLC (Issuer), merged into a wholly-owned subsidiary of Duke Energy Holding Corp., now known as Duke Energy Corporation (Successor). In connection with the merger, each share of Issuer's common stock was converted into the right to receive one share of Successor's common stock.
(2)	Converts to Common Stock on a 1-for-1 basis.
(3)	The phantom stock vests in 5 equal annual installments beginning on February 24, 2005.
(4)	Expiration date not applicable.
(5)	The phantom stock vests in 5 equal annual installments beginning on February 28, 2006.
(6)	Paid in cash upon termination of employment or occurrence of other events as specified in the Executive Savings Plan I.
(7)	Paid in cash upon the termination of employment or occurrence of other events as specified in the Executive Savings Plan II, subject to holding periods required by law.
(8)	Two remaining installments of one-fourth each of such options vest July 1, 2005 and 2006; balance fully vested.
(9)	Two remaining installments of one-fourth each of such options vest February 25, 2006 and 2007; balance fully vested.

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