Progress Energy Company Information

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Profile:

Progress Energy, headquartered in Raleigh, N.C., is a Fortune 250 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. The company will observe its 100th anniversary in 2008.

Progress Energy includes two major utilities that serve more than 3.1 million customers in the Carolinas and Florida. The company is the 2006 recipient of the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence. The company also is the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service.

Progress Energy serves two fast-growing areas of the country, and the company is pursuing a balanced strategy for a secure energy future. That balance includes aggressive energy efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system.

It's a responsibility and challenge we embrace daily. Our more than 10,500 employees are determined to live up to our commitments today while continually improving for tomorrow.

Whatever your reason for dealing with Progress Energy, we aim to earn your trust and confidence - through integrity in conduct and excellence in performance.