PROGRESS ENERGY: Mulls DOE’s Appeal to Ruling in Contract Suit

Carolina Power & Light Company and Florida Power Corporation (the Utilities) anticipate that the U.S. Department of Energy will appeal the ruling in a litigation stemming from a spent nuclear fuel contract.

The Utilities are subsidiaries of Progress Energy Inc.

Pursuant to…

PROGRESS ENERGY: FPSC to Vote on Capacity Costs Hike Bid in Oct.

The Florida Public Service Commission is expected to vote by October 2008, on Florida Power Corporation d/b/a Progress Energy Florida, Inc.’s request for a US$25 million increase in the capacity cost recovery revenue requirement.

PEF is a subsidiary of Progress…

PROGRESS ENERGY: Mulls ‘09 Hearing on Fla. Unit’s Coal Purchases

Progress Energy Inc., in its Form 10-Q dated Aug. 8, 2008, that it anticipates a 2009 hearing will be held on the coal purchases made by its subsidiary, Florida Power Corporation d/b/a Progress Energy Florida, Inc.

On Aug. 10, 2006,…

PROGRESS ENERGY: Fla. “Determination of Need” Approved in July

The Florida Public Service Commission, on July 15, 2008, voted unanimously in favor of Florida Power Corporation d/b/a Progress Energy Florida, Inc.’s Determination of Need.

PEF is a subsidiary of Progress Energy Inc.

On March 11, 2008, PEF filed a petition for…

PROGRESS ENERGY: FPSC Ruling on Recovery Bid Expected by Oct. 1

A decision by the Florida Public Service Commission on Florida Power Corporation d/b/a Progress Energy Florida, Inc.’s 2008 cost- recovery filing is expected by Oct. 1, 2008.

PEF is a subsidiary of Progress Energy Inc.

On March 11, 2008, PEF also…

PROGRESS ENERGY: Expects FPSC to Vote on PEF’s Cost Recovery Bid

The Florida Public Service Commission is expected to vote on Florida Power Corporation d/b/a Progress Energy Florida, Inc.’s petition for recovery of costs by October 2008.

PEF is a subsidiary of Progress Energy Inc.

On Sept. 22, 2006, PEF filed a…

PROGRESS ENERGY: Fla. Fuel Cost Recovery Request Okayed in July

The Florida Public Service Commission, on July 1, 2008, approved a request for fuel cost recovery filed by Progress Energy Inc.’s subsidiary, Florida Power Corporation d/b/a Progress Energy Florida, Inc.

On May 30, 2008, PEF filed a petition with the…