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Press Release

07/05/2011

Progress Energy reports aim to help customers to save energy and money

RALEIGH (July 5, 2011) – Progress Energy has launched a new energy-efficiency program designed to provide customers with personalized information on their energy use so they can make informed choices and save money.

Starting this week, about 50,000 randomly selected Progress Energy customers will receive reports containing information on their electricity usage patterns and their home’s energy profile. They will also receive an anonymous comparison of their usage to nearby households with similar characteristics.

Reports are sent throughout the year and, along with the accompanying website, provide customers with personalized tips to increase energy efficiency, as well as assistance in creating an action plan to manage their energy use. Customers can also track their progress as they implement energy-saving measures.

Customers selected for the program and who follow prescribed energy-saving tips are expected to see an average energy savings of around 2 percent. Systemwide, Progress Energy expects the program to reduce annual electricity usage by more than 14 million kilowatt-hours.

The initial 50,000 program participants were selected randomly, but customers wishing to participate in the program may contact Progress Energy for consideration the following year. Customers wanting more information on the program may contact Progress Energy at energyreport@pgnmail.com or at 1.877.996.2673.

The new program is one of a suite of energy-efficiency programs that Progress Energy offers to customers in the Carolinas. From lighting to appliances to maintenance and upgrades for all budgets, Progress Energy offers programs and incentives to help customers take control of their energy use and their monthly bill.

Customers can get energy saving tips, find out about available programs and incentives, and get a free, online analysis of their home’s unique energy usage by visiting www.progress-energy.com/save.

Progress Energy (NYSE: PGN), headquartered in Raleigh, N.C., is a Fortune 500 energy company with more than 22,000 megawatts of generation capacity and approximately $10 billion in annual revenues. Progress Energy includes two major electric utilities that serve about 3.1 million customers in the Carolinas and Florida. The company has earned the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence, and was the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service. The company is pursuing a balanced strategy for a secure energy future, which includes aggressive energy-efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system. Progress Energy celebrated a century of service in 2008. Visit the company’s website at www.progress-energy.com.

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