Progress Energy Receives National Economic Development Award

Site Selection magazine has named Progress Energy one of North America’s Top Utilities for Economic Development for the sixth time in the last seven years. The magazine’s September 2008 issue selected Progress Energy as one of 10 winning utilities based on its success in helping to generate 7,405 new jobs and more than $766 million in capital... 

Progress Energy Responding to Outages from Hanna

A strong Tropical Storm Hanna came ashore at 3:20 a.m., bringing high winds and heavy rains to much of Progress Energy Carolinas’ service area, and the company has deployed hundreds of company and contract workers to restore service as quickly and safely as possible. As of 8 a.m., about 55,000 customers were without power. Most of those customers... 

Progress Energy Crews Heading East to Assist in Storm Restoration

Progress Energy crews from Western North Carolina are headed to coastal areas today to assist in restoring service from the expected effects of Tropical Storm/Hurricane Hanna. The storm is expected to make landfall near the N.C./S.C. border between 2 and 4 a.m. Saturday. Company line & service crews, as well as contract line and tree crews and... 

Duke Energy Named to Dow Jones Sustainability Index for North America

Duke Energy has been named to the Dow Jones Sustainability Index (DJSI) for North American companies in the electric utility sector. “We’re especially pleased to have Duke Energy’s sustainability efforts recognized by Dow Jones for the third year in a row,” said Jim Rogers, chairman, president and CEO of Duke Energy. “This... 

Duke Energy Seeks Solar Suppliers to Launch $100 Million Solar Plan

Duke Energy Carolinas is seeking bids from solar power companies to supply solar panels, electrical equipment and installation services as part of the utility’s proposed $100 million North Carolina solar plan. Starting in early 2009, Duke Energy wants to install electricity- generating photovoltaic solar panels at up to 850 North Carolina sites,... 

Progress Energy Ready for Potential Carolinas Landfall From Hanna

The forecast for Tropical Storm/Hurricane Hanna continues to change, and Progress Energy Carolinas is prepared to respond quickly to any damage and outages caused by the storm in the company’s service area. Progress Energy Carolinas officials are continuing to monitor the potential path of the storm and implementing early phases of the company’s... 

America Has the Ability, Talent to Meet Climate Challenge

Below are excerpts from a speech Duke Energy Chairman, President and CEO Jim Rogers gave Aug. 21 to the World Affairs Council of Charlotte. I believe it’s time for us to move toward solutions that bridge the gap from today’s technology ideas to tomorrow’s commercial solutions. During this transition, we need to use all of the fuels... 

Progress Energy Carolinas, SunEdison Plan Solar Project at Plant Site

Progress Energy Carolinas and SunEdison have signed an agreement under which SunEdison will build, own and operate a 1.2-megawatt solar photovoltaic (PV) plant on the site of the Progress Energy L.V. Sutton Plant near Wilmington and sell the energy produced to the utility for distribution to customers. SunEdison will build the solar PV array on about... 

Progress Energy Florida Prepares for Effects of Tropical Storm Fay

Progress Energy Florida continues to monitor Tropical Storm Fay closely and is preparing for the storm’s potential impact on the company’s service area. Progress Energy Florida today opened its system storm center in Winter Garden to ensure quick response to storm damage and enhanced information flow to customers. The command center mobilizes... 

Duke Energy and AEP Form Joint Venture to Build Transmission

Duke Energy and American Electric Power (AEP) have formed a 50-50 wholly-owned joint venture to build and operate 240 miles of extra-high-voltage 765-kilovolt (kV) transmission lines and related facilities in Indiana. The project, called Pioneer Transmission LLC, would link Duke Energy’s Greentown Station (near Kokomo, Ind.) with AEP’s Rockport...