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Press Release

09/22/2011

Progress Energy Florida to begin accepting 2012 solar PV rebate applications Oct. 4

ST. PETERSBURG, Fla. (Sept. 22, 2011)Progress Energy Florida is preparing to launch the second round of solar photovoltaic (PV) rebates offered through the utility’s innovative SunSense® solar energy program. Progress Energy first made rebates for customer-owned solar PV systems available in March. Those rebates, which were eligible toward qualifying, customer-owned solar PV systems installed in 2011, were fully allocated in the program’s first two days. The utility expects a similar level of interest in the 2012 rebates.

Customers interested in applying for rebates through Progress Energy’s 2012 SunSense Solar PV program can complete the online reservation process starting Oct. 4.

“The SunSense program is a key component of our strategy to assist those customers interested in investing in solar technology,” said Vincent Dolan, president and CEO of Progress Energy Florida. “We were pleased with the level of interest demonstrated when the 2011 rebates became available and we’re hoping for a similar response this time around.”

Through the SunSense program, Progress Energy Florida provides qualifying residential and commercial customers rebates of up to $2 per watt for customer-installed solar PV systems. The utility’s residential and commercial customer classes are each allocated up to $1 million in solar PV incentives on an annual basis through 2014.

Progress Energy has implemented a reservation process to help customers qualify for the solar PV rebate prior to installation. Due to the annual solar PV incentives cap, the utility recommends that customers looking to take advantage of these rebates apply early. Additional information about the company’s reservation process is available at progress-energy.com/sunsense.

Other components of Progress Energy’s SunSense program include:

  • SunSense Solar Water Heating Program: Progress Energy offers a rebate of $550 toward the installation of a qualifying system. The company also is working with non-profit builders to incorporate a free solar thermal water-heating system into qualifying, low-income customers’ homes during construction.
  • SunSense Schools Program: Progress Energy is partnering with schools serving as emergency shelters to install a 10-kilowatt (kW) solar PV system with battery backup on up to 10 sites throughout the company’s Florida service territory per year through 2014. The company also is also installing a 100-kW solar PV system on one post-secondary school each year.

For more information about Progress Energy’s SunSense program, visit progress-energy.com/sunsense.

Alternative energy technologies, such as those included in the SunSense program – combined with energy efficiency and state-of-the-art plants – collectively form the balanced solution strategy Progress Energy believes is necessary to best meet its customers’ short- and long-term energy needs.

Progress Energy is an industry leader in the development and implementation of programs to help customers save energy and money. Through the company’s energy-efficiency programs, Progress Energy Florida’s customers have collectively saved more than $1 billion in energy costs since 1981, reducing the need for enough electricity to power more than 900,000 homes for a year. In all, Progress Energy Florida currently offers its customers 14 programs and more than 100 energy-efficiency upgrades to reduce their energy bills and carbon footprints.

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 power system. For more information about Progress Energy, visit progress-energy.com.

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

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