Progress Energy Florida Statement on Power Outages

ST. PETERSBURG, Fla., Feb. 26 /PRNewswire-FirstCall/ — Due to an incident outside of Progress Energy Florida’s service area at about 1:30 pm today, customer demand for electricity exceeded supply.

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No Progress Energy Florida power plants were affected and our system performed as it was designed to perform.

The company’s automated system went into effect to stabilize the statewide supply of electricity and dropped some of our customers from service.

We are in the process now of restoring power and expect a majority of our customers will be restored to service by approximately 3 pm today.

More information on this situation will be shared as appropriate.

Progress Energy Florida, a subsidiary of Progress Energy , provides electricity and related services to 1.7 million customers in Florida. The company is headquartered in St. Petersburg, Fla., and serves a territory encompassing more than 20,000 square miles including the cities of St. Petersburg and Clearwater, as well as the Central Florida area surrounding Orlando. Progress Energy Florida is pursuing a balanced approach to meeting the future energy needs of the region. That balance includes increased energy- efficiency programs, investments in renewable energy technologies and a state- of-the-art electricity system. For more information about Progress Energy, visit the company’s Web site at http://www.progress-energy.com/.

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Progress Energy Florida

CONTACT: Progress Energy Florida 24-hour media line, +1-866-520-6397

Web site: http://www.progress-energy.com/