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Latest Progress Energy Florida Stories

2010-01-11 18:06:00

ST. PETERSBURG, Fla., Jan. 11 /PRNewswire-FirstCall/ -- "We know that there is never a good time to raise rates, but the PSC decision is particularly harmful because it fails to recognize the true costs associated with providing a secure, reliable electricity system. The commission has decided to approve only a fraction of the cost of providing current and future service to customers at the level they expect and deserve. This will have a negative impact on our state's already aging energy...

2009-07-16 14:17:00

Experts Find That FPL and PEF Assumptions Used to Justify New Reactors Are Not Valid TALLAHASSEE, Fla., July 16 /PRNewswire-USNewswire/ -- A leading national expert on the financing of nuclear power reactors filed testimony Wednesday with the Florida Public Service Commission (PSC) in which he warns that it is "not prudent" to proceed with plans for building new nuclear reactors at Florida Power & Light's Turkey Point nuclear plant near Miami and the proposed Progress Energy of...

2009-06-23 12:00:00

Succeeds Jeffrey Lyash, who will now oversee strategic asset management ST. PETERSBURG, Fla., June 23 /PRNewswire-FirstCall/ -- Progress Energy (NYSE: PGN) has named Vincent M. Dolan to succeed Jeffrey J. Lyash as president and chief executive officer for Progress Energy Florida, which serves more than 1.6 million Florida households and businesses. (Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c ) Dolan, 54, has 32 years of experience in the energy industry and has been...

2009-05-01 07:00:00

Company lowers 2010 nuclear cost-recovery projections ST. PETERSBURG, Fla., May 1 /PRNewswire-FirstCall/ -- Progress Energy Florida today announced plans to shift the construction schedule for its planned Levy County nuclear project. In addition, the company filed its 2010 nuclear cost-recovery estimates with the Florida Public Service Commission (PSC), as required. The company's proposal will decrease customer nuclear costs to about half of the amount the company is eligible to recover in...

2009-02-12 07:00:00

ST. PETERSBURG, Fla., Feb. 12 /PRNewswire-FirstCall/ -- Progress Energy Florida announced today plans to file a proposal with the Florida Public Service Commission (PSC) to decrease 2009 customers' bills by $15.08 per month per 1,000 kilowatt-hours (kWhs) for residential customers starting with the first April billing cycle. If approved by the PSC, commercial and industrial customers will see similar savings. The 2009 price change includes a revised fuel forecast and a deferral of a...

2009-01-05 08:42:00

- Third U.S. EPC Contract - Commercial Operation to Begin in 2016 PITTSBURGH, Jan. 5 /PRNewswire-FirstCall/ -- Westinghouse Electric Company today announced that it and its partner The Shaw Group Inc.'s (NYSE: SGR) Power Group have signed an Engineering, Procurement and Construction contract (EPC) with Progress Energy Florida, a subsidiary of Progress Energy (NYSE: PGN), to provide two Westinghouse AP1000(TM) nuclear power units at its Levy County, Florida site. Aris Candris, Westinghouse...

2009-01-05 07:30:00

ST. PETERSBURG, Fla., Jan. 5 /PRNewswire-FirstCall/ -- Progress Energy Florida (PEF) has signed a contract with Westinghouse Electric Company LLC and The Shaw Group Inc.'s Power Group for the engineering, procurement and construction of two nuclear units for a proposed nuclear power plant in Levy County, Fla. (Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c ) The contract provides equipment, engineering and construction services for two 1,105-net megawatt (MWe)...

2008-12-18 13:09:00

ST. PETERSBURG, Fla., Dec. 18 /PRNewswire-FirstCall/ -- Progress Energy Florida (NYSE: PGN) and the Florida Department of Environmental Protection (DEP) announced a landmark agreement today that will protect the environment, continue investments in air emission-reduction equipment and cost-effectively manage a significant reduction in the company's use of coal-fired power generation. (Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c ) As part of the agreement, the...

2008-10-13 15:00:26

ST. PETERSBURG, Fla., Oct. 13 /PRNewswire-FirstCall/ -- Progress Energy Florida today filed revised 2009 fuel projections with the Florida Public Service Commission. The revisions to the company's original filing will reduce the previously projected increases to a residential customer bill by $7.21 per 1,000 kilowatt-hours (kWh). The change is due to the drop in natural gas and oil prices and Progress Energy's proactive fuel cost-management strategies. (Logo:...

2008-08-29 09:00:56

To: STATE EDITORS Contact: Progress Energy Florida 24-hour media line: +1-866-520- NEWS (6397) ST. PETERSBURG, Fla., Aug. 29 /PRNewswire/ -- Rising fuel prices, environmental improvements and planning for additional carbon-free nuclear power to meet future growth will increase the cost of electricity next year, Progress Energy Florida announced today. (Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO- c) If state regulators approve the company's 2009 fuel-cost...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.