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Latest Progress Energy Florida Stories

2011-08-04 06:30:00

RALEIGH, N.C., Aug. 4, 2011 /PRNewswire/ -- Progress Energy (NYSE: PGN) announced second-quarter GAAP earnings of $176 million, or $0.60 per share, compared with GAAP earnings of $180 million, or $0.62 per share, for the same period last year. Second-quarter ongoing earnings were $211 million, or $0.71 per share, compared to $181 million, or $0.63 per share, for the same period last year. The significant drivers in ongoing earnings per share were lower depreciation and amortization...

2011-06-27 15:15:00

CRYSTAL RIVER, Fla., June 27, 2011 /PRNewswire-FirstCall/ -- Highlights: Initial plan favors repair of plant containment structure Under plan, company estimates nuclear plant would return to service in 2014 Repair cost estimate between $900 million and $1.3 billion Announces webcast and conference call Tuesday, June 28, at 10 a.m. ET Progress Energy Florida has provided an update to the Nuclear Regulatory Commission (NRC) and the Florida Public Service Commission (FPSC) regarding the...

2010-11-30 10:11:00

ST. PETERSBURG, Fla., Nov. 30, 2010 /PRNewswire/ -- The Florida Public Service Commission (PSC) has approved Progress Energy Florida's request to lower customers' bills in 2011. The changes requested by the company will result in an annual savings of more than $90 for residential customers using 1,000 kilowatt-hours (kWh) per month. A bill for a residential customer using 1,000 kWh will be $119.34, beginning with January 2011 billing, compared to $126.90 currently. (Logo:...

2010-08-06 06:30:00

RALEIGH, N.C., Aug. 6 /PRNewswire-FirstCall/ -- Progress Energy (NYSE: PGN) announced second-quarter GAAP earnings of $180 million, or $0.62 per share, compared with GAAP earnings of $174 million, or $0.62 per share, for the same period last year. Second-quarter ongoing earnings were $181 million, or $0.63 per share, compared to $181 million, or $0.64 per share, for the same period last year. The significant drivers in ongoing earnings per share were favorable weather, the impact of...

2010-06-01 13:00:00

ST. PETERSBURG, Fla., June 1 /PRNewswire-FirstCall/ -- The Florida Public Service Commission (PSC) today unanimously approved Progress Energy Florida's rate settlement agreement that will keep customers' base rates stable until the end of 2012. (Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c ) The agreement will take effect after the PSC issues its final order, which is expected in about two weeks. "This agreement is in the best interest of our customers, the state,...

2010-05-10 09:33:00

ST. PETERSBURG, Fla., May 10 /PRNewswire-FirstCall/ -- Progress Energy Florida, Florida Attorney General Bill McCollum, the Florida Office of Public Counsel and other intervening parties representing Progress Energy Florida's customers have reached an agreement that would freeze base rates through the end of 2012. (Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c ) "Progress Energy Florida is pleased to have reached a fair agreement that will benefit our customers by...

2010-05-05 06:30:00

RALEIGH, N.C., May 5 /PRNewswire-FirstCall/ -- Progress Energy (NYSE: PGN) announced first-quarter reported GAAP earnings of $190 million, or $0.67 per share, compared with reported GAAP earnings of $182 million, or $0.66 per share, for the same period last year. First-quarter ongoing earnings were $213 million, or $0.75 per share, compared to $182 million, or $0.66 per share, last year. The significant drivers in ongoing earnings were favorable weather and the net impact from the...

2010-04-30 09:45:00

ST. PETERSBURG, Fla., April 30 /PRNewswire-FirstCall/ -- Progress Energy Florida customers will see lower nuclear costs on their 2011 bills, according to the company's nuclear cost-recovery estimates filed today with the Florida Public Service Commission (PSC). The reduction is due to a decision by the company to postpone major construction activities on the proposed Levy County nuclear project until after the federal licensing is complete, which will lower near-term costs for customers....


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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