|
|
|
|
|
|
|
|
|
|
What are the fuel sources of your combined generating assets?
Progress Energy's installed generation capacity includes 31 percent coal, 11 percent combined cycle, 32 percent combustion turbine, 18 percent nuclear, 7 percent oil and 1 percent hydroelectric.
What do you charge new industrial customers to extend new electric service to their plant sites?
For normal service, usually, there is no charge.
Some utilities require customers to purchase their own transformation. Do you?
No. Progress Energy supplies the transformation at no charge. However, a customer can furnish their own transformation and receive a monthly credit.
Do you provide incentives for new or expanding industry?
Yes, we have a number of economic development riders that offer discounts to qualifying industries in our service area. See Electric Pricing page for more information about these cost reduction incentives in Florida and the Carolinas.
What is your reserve margin?
Progress Energy Florida has a 20 percent summer and winter reserve margin target. Progress Energy Carolinas has a 15 percent summer reserve margin target. Progress Energy expects to meet these targets through 2014.
What is the status of deregulation in the states that Progress Energy serves?
There has been no recent activity on deregulation in the state legislatures of NC, SC or Florida. Following is the status by state:
Florida:
Florida Governor Jeb Bush appointed the Energy 2020 Study Commission in 2000 to examine the state's energy needs and the electricity restructuring issue. The study group recommended a series of measures to promote a more competitive wholesale power market as well as measures regarding reliability, fuel diversity, renewable energy and environmental protection. The report said: "Retail competition should not be considered until after the development of an effectively competitive wholesale market." The Florida Legislature did not take up this issue in its 2002 or 2003 session.
North Carolina:
The North Carolina legislative study commission had reached a bare-bones recommendation in the spring of 2000 to implement retail deregulation in 2005-2006. Then California began experiencing its power crisis. As a result of this and problems encountered with deregulation elsewhere, the North Carolina study commission decided at its meeting in January 2001 to put its plan on the shelf pending further study.
South Carolina:
The South Carolina General Assembly at various times has studied electricity deregulation since 1997. But it has made no decision and has not actively pursued the issue in quite some time. The South Carolina Public Service Commission has explored the issue and recommended caution.
|
|
|
|
|
|
