Progress Energy
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 One Progress Plaza, Progress Energy's former headquarters in Raleigh, North Carolina | |
| Type | Public |
|---|---|
| NYSE: PGN | |
| Industry | Electric utilities |
| Founded | 1908 (as Carolina Power & Light) |
| Defunct | 2012 |
| Fate | Merged into Duke Energy |
| Headquarters | One Progress Plaza 411 Fayetteville Street, , United States |
Area served | North Carolina: Cape Fear, Far West, Research Triangle, Sandhills South Carolina: Pee Dee Florida: Big Bend, Central Florida, North Central Florida, Tampa Bay |
Number of employees | 11,000 (2007) |
Progress Energy was a power generation and distribution company. Headquartered in Raleigh, North Carolina, Progress Energy served approximately 3.1 million customers in the Carolinas and Florida, with a total service area of 54,000 square miles (140,000 km2). It was a Fortune 500 company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. The company was acquired by Duke Energy in 2012.
Progress Energy was the majority owner and operator of 32 power plants, including the Brunswick, Crystal River, Robinson, and Shearon Harris nuclear power plants.