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Progress Energy News Release Archive

Hurricane Irene leaves 250,000 Progress Energy customers out as of 10 a.m.


Hurricane Irene continues to lash the North Carolina coast this morning, leaving damage and about 250,000 Progress Energy customers without power as of 10 a.m.

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Progress Energy tripling crews to respond to Hurricane Irene outages


Progress Energy Carolinas is tripling its normal complement of line workers and tree crews in advance of massive and powerful Hurricane Irene, which is expected to make landfall around Cape Lookout Saturday.

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Progress Energy Florida to deploy crews in preparation for Hurricane Irene recovery effort


On Saturday, Aug. 27, Progress Energy Florida is sending 250 line and service personnel from across its 35-county territory to assist its sister utility, Progress Energy Carolinas and other local utilities, if needed, with expected damage and power outages from Hurricane Irene.

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Progress Energy Carolinas preparing for possible effects of Hurricane Irene


As mighty Hurricane Irene churns in the Atlantic Ocean, Progress Energy Carolinas employees are monitoring the potential path of the storm and implementing early phases of the company's comprehensive storm plan. The company encourages customers to review their own safety plans, as well.

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Progress Energy shareholders overwhelmingly approve merger with Duke Energy


Shareholders of Progress Energy Inc. (NYSE: PGN) have overwhelmingly approved the proposed merger with Duke Energy (NYSE: DUK). At a special shareholders’ meeting held this morning in Raleigh, more than 95 percent of the Progress Energy shares voted were in favor of the merger. Most votes had been cast in electronic balloting in the last several weeks, with some shareholders voting at the meeting today.

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Progress Energy and its employees raise $3.3 million to benefit charitable organizations


Progress Energy and its employees have pledged to give approximately $3.3 million during 2012 to benefit charitable organizations in the Carolinas and Florida.

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Progress Energy announces 2011 second-quarter results; reaffirms full-year 2011 earnings guidance


Progress Energy [NYSE: PGN] announced second-quarter GAAP earnings of $176 million, or $0.60 per share, compared with GAAP earnings of $180 million, or $0.62 per share, for the same period last year.

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Progress Energy CEO: No cookie-cutter approach to fleet modernization


With major changes in environmental regulations and fuel economics, many U.S. electric utilities are increasing their reliance on natural gas as the fuel of choice for new power plants. But each utility must continue to evaluate its near- and long-term resource needs based on many factors, Progress Energy Chairman, President and CEO Bill Johnson said to industry leaders Monday.

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Local students earn Progress Energy Merit Award Scholarship


Eight local high school graduates have earned Progress Energy Merit Award Scholarships this year. Progress Energy awards the scholarships annually to qualifying college-bound children of company employees. The awards are worth $1,500 per year and are renewable annually for up to four years.

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Lighten your electric bill


Making changes to lighting are some of the easiest ways to manage electric use and cost. Many inexpensive options exist to help you save watts and dollars – including new bulb technology, dimmers, photo sensors and motion sensors. Progress Energy Florida has tips to help customers lighten their electric bills and a chance to win compact-fluorescent light (CFL) bulbs.

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