Latest Progress Energy Inc Stories
RALEIGH, N.C., July 1 /PRNewswire-FirstCall/ -- Progress Energy (NYSE: PGN) will hold a conference call to discuss 2010 second-quarter earnings results on Friday, August 6. The conference call will begin at 10 a.m. ET (7 a.m. PT) and will be webcast to the public. The call will be hosted by Chairman, President and Chief Executive Officer Bill Johnson and Chief Financial Officer Mark Mulhern. (Logo: http://photos.prnewswire.com/prnh/20020923/CHM008LOGO-c ) (Logo:...
FLORENCE, S.C., June 30 /PRNewswire-FirstCall/ -- For the second straight year, Progress Energy customers in South Carolina will see a reduction in their electric rates. Changes approved by the Public Service Commission of South Carolina will result in an annual reduction of more than $20 for the average household customer. (Logo: http://photos.prnewswire.com/prnh/20020923/CHM008LOGO-c ) (Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c ) The changes take effect July 1. They...
ORLANDO, Fla., June 15 /PRNewswire/ -- Siemens Energy has been awarded contracts to supply a total of five state-of-the-art gas turbine-generator packages for the Lee and Sutton combined cycle power plants in North Carolina. Progress Energy Carolinas, Inc., a subsidiary of Progress Energy Inc., a Fortune 500 energy company with more than 3.1 million customers in the Carolinas and Florida, is the purchaser of the equipment. The new, state-of-the-art natural gas-fueled power plants will be...
RALEIGH, N.C., June 4 /PRNewswire-FirstCall/ -- For the second straight year, Progress Energy Carolinas has filed a request to lower the rates paid by its North Carolina customers. If approved by the N.C. Utilities Commission, the change will save a typical household nearly $50 next year. (Logo: http://photos.prnewswire.com/prnh/20020923/CHM008LOGO-c ) The rate request has three main parts: a decrease in the monthly amount customers are charged for fuels used to generate electricity ($5.60...
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, the...
RALEIGH, N.C., May 12 /PRNewswire-FirstCall/ -- Progress Energy (NYSE: PGN) is managing the complex realities of the business while creating a strong future for its customers and shareholders, Chairman, President and CEO Bill Johnson said today at the company's annual meeting of shareholders in Raleigh. (Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c ) Also today, the company's board of directors declared a dividend on the company's common stock. The quarterly dividend of...
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...
FLORENCE, S.C., May 6 /PRNewswire-FirstCall/ -- Progress Energy Carolinas today filed a request to lower the fuel rate charged to its South Carolina customers, the second straight year the company has sought to reduce electricity rates. (Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c ) If approved, the decrease will result in a monthly fuel-charge savings of $2.73 for a residential customer using 1,000 kilowatt-hours (kWh). Meanwhile, the company also filed this week for...
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 repowered...
RALEIGH, N.C., April 28 /PRNewswire-FirstCall/ -- Progress Energy has accepted a $200 million U.S. Department of Energy (DOE) grant awarded as part of the 2009 federal stimulus package. The funds will be used by the company's two utilities for investments in equipment, systems, technologies and communication infrastructure that will add "intelligence" to the systems used to deliver electricity to more than 3.1 million households and businesses in the Carolinas and Florida. (Logo:...
