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Press Release

12/12/2011

Progress Energy Florida installs first public electric vehicle charging station

Today, Progress Energy Florida unveiled the company's first public electric vehicle charging station. The station, located at the Tampa Bay Regional Planning Council in Pinellas Park, is one of 50 Progress Energy plans to install within its Florida service territory by the spring of 2012. The other charging station locations have not been finalized. Plans to install units at shopping malls, municipal buildings and universities are in development.

Progress Energy will collect data from the charging stations to better understand how customers will charge electric vehicles and the impact of charging on the electric system.

"More and more plug-in electric vehicles will be rolling down streets of our Florida service territory in the future and our electric system will be ready," said Vincent Dolan, president and chief executive officer of Progress Energy Florida. "The systematic deployment of public charging stations within our Florida service area will give us insight into the electric system's ability to accommodate widespread charging, which will help us as we transform our grid into the transportation fuel source of the future."

Progress Energy will own, operate and monitor the charging stations during a year-long research period. Ownership and responsibility will transfer to the sponsoring locations once the research concludes. The electricity used to charge vehicles will be paid for by the sponsoring location.

The company plans to install 50 "Level 2" 240-volt circuit charging stations for public use. A Level 2 charging station can charge a plug-in electric vehicle three to five times faster than a Level 1, standard 120-volt outlet and provides additional safety due to the hardwired installation.

Progress Energy is committed to partnering with our communities to confront the new energy realities of growing energy demand, global climate change and rising fuel costs. Advanced vehicle technologies, such as plug-in electric vehicles (PEVs), are an important part of the company's balanced approach to meeting these challenges. The benefits of PEVs are varied and include:

  • Fueling at the plug instead of the pump is 50 percent to 75 percent less expensive forconsumers. A typical PEV overnight charge would cost less than one dollar.
  • Plug-in vehicles produce less carbon dioxide and pollutants than conventional internal-combustion engine vehicles or even standard hybrid cars. Widespread adoption could reduce greenhouse gas emissions by more than 450 million metric tons by 2050, equivalent to removing 82.5 million passenger vehicles from the road.
  • Grid-enabled electric transportation can significantly decrease our reliance on foreign oil. Traditional transportation is wholly dependent on the use of oil, while oil makes about 2 percent of electricity generation nationwide and even less on Progress Energy's Florida system.
  • Electric transportation introduces a new industry, with rapid technology developments, creating new jobs and opportunities for economic growth.

The $1 million installation and research project is funded by a grant from the U.S. Department of Energy as part of the American Recovery and Reinvestment Act of 2009.

Progress Energy Florida has partnered with local municipalities and others to ensure the area is prepared for electric vehicles through the Get Ready Tampa Bay project (http://www.getreadytampabay.org). The company is also the founding member of Get Ready Central Florida.

Progress Energy has one of the nation’s most advanced utility PEV programs. In Florida, the company has a research fleet that includes six Chevy Volts, one Nissan LEAF, a Ford Escape, two Toyota Prius plug-in hybrid electric vehicles (PHEVs) and the Southeast’s first plug-in hybrid electric bucket truck. In addition, the company has partnerships with several automakers, including General Motors, Nissan and Ford.

For more information on Progress Energy’s electric vehicle initiatives, please visit www.progress-energy.com/plugin.

Progress Energy Florida, a subsidiary of Progress Energy (NYSE: PGN), provides electricity and related services to more than 1.6 million customers in Florida. The company is headquartered in St. Petersburg, Fla., and serves a territory encompassing more than 20,000 square miles, including the cities of St. Petersburg and Clearwater, as well as the Central Florida area surrounding Orlando. Progress Energy Florida is pursuing a balanced approach to meeting the future energy needs of the region. That balance includes increased energy-efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system.
For more information about Progress Energy, visit www.progress-energy.com.

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Media contact: Progress Energy Florida 24-hour media line, 866.520.6397
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