Latest Progress Energy Stories

CHARLOTTE, N.C., April 22, 2013 /PRNewswire/ -- Duke Energy (NYSE: DUK) has released its 2012 Sustainability Report, a comprehensive overview of the company's social, environmental and financial performance. (Logo: http://photos.prnewswire.com/prnh/20130322/CL81938LOGO ) It is available at: http://sustainabilityreport.duke-energy.com It marks the first report since the merger of Duke Energy and Progress Energy in July 2012. It also outlines a number of sustainability goals for...

Groups: Progress Energy Relying on the Kind of Weak Geology Review That Should No Longer Pass Muster Now that a Respected Geologist Heads the Nuclear Regulatory Commission. BRONSON, Fla., Oct. 31, 2012 /PRNewswire-USNewswire/ -- Some of Florida's limited remaining fresh-water wetlands are at serious risk if Progress Energy's problem-plagued Levy nuclear power plant project is allowed to proceed, according to experts testifying here today before a three-judge Nuclear Regulatory...

CHARLOTTE, N.C., Oct. 29, 2012 /PRNewswire/ -- Duke Energy (NYSE: DUK), the nation's largest electric utility, today made 1,200 line workers available to help other utilities restore power in Hurricane Sandy's aftermath. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO ) Most of the workers are contractors who normally work in the service areas of Duke Energy and Progress Energy. The company said it will make additional crews available later in the week after the...

DARIEN, Conn., Oct. 11, 2012 /PRNewswire/ -- Connecticut-based solar company, Soluxe Solar, presented Progress Energy with its Solar Flare Award in recognition of its outstanding SunSense Schools solar energy program. "The SunSense Schools program is offering schools the resources they need to educate our youth in renewable energy, free of cost," said Soluxe Solar CEO, Jeffrey Mayer, in acknowledging Progress Energy. With the help of Progress Energy's SunSense Schools program, the...

CHARLOTTE, N.C., Sept. 17, 2012 /PRNewswire/ -- Duke Energy (NYSE: DUK) today unveiled a new corporate logo representing a new identity for the nation's largest electric utility following its merger with Progress Energy in July. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO ) The logo, which can be downloaded here, was developed internally and will be used by the company with customers in early 2013. "The logo represents a new beginning for a unified and...

CHARLOTTE, N.C., Aug. 2, 2012 /PRNewswire/ -- Duke Energy (NYSE: DUK) today announced second quarter 2012 adjusted diluted EPS of $1.02, compared to 99 cents for second quarter 2011, and reported diluted EPS of 99 cents, compared to 98 cents for the same period last year. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO) Current year and prior year EPS amounts have been adjusted to reflect the one-for-three reverse stock split which was completed...

CHARLOTTE, N.C. and RALEIGH, N.C., June 11, 2012 /PRNewswire/ -- Duke Energy (NYSE: DUK) and Progress Energy (NYSE: PGN) consider the June 8 conditional orders by the Federal Energy Regulatory Commission (FERC) to be a positive development in enabling the companies to close their proposed merger by the targeted date of July 1. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO)(Logo: http://photos.prnewswire.com/prnh/20110110/PROGRESSENERGYLOGO) The companies have...

CHARLOTTE, N.C., June 7, 2012 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced results for its second fiscal quarter ended April 30, 2012. For the quarter, the Company reported net income of $50.2 million, or $.70 per diluted share, compared to net income of $47.4 million, or $.66 per diluted share for the same period in 2011. For the six months ended April 30, 2012, net income was $126.4 million and diluted earnings per share were $1.75, compared with net income of...

CHARLOTTE, N.C., June 1, 2012 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced the completion of its Wayne County Pipeline Project, which will provide natural gas delivery service to a large new state-of-the-art natural gas-fueled combined-cycle plant at Progress Energy's H.F. Lee Energy Complex near Goldsboro, North Carolina. The pipeline project, first announced by Piedmont in October 2009, involved the construction of 38 miles of 20-inch natural gas transmission...

CHARLOTTE, N.C. and RALEIGH, N.C., May 8, 2012 /PRNewswire/ -- Duke Energy (NYSE: DUK) and Progress Energy (NYSE: PGN) have entered into a supplemental merger settlement agreement with the North Carolina Utilities Commission (NCUC) Public Staff. (Logo: http://photos.prnewswire.com/prnh/20040414/DUKEENERGYLOGO ) (Logo: http://photos.prnewswire.com/prnh/20110110/PROGRESSENERGYLOGO ) The agreement was filed with the NCUC today. It is subject to approval by the NCUC after action by...