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July 06, 2015 11:01 AM ET

Electric Utilities

Company Overview of Progress Energy Inc.

Company Overview

Progress Energy, Inc., a utility holding company, engages in the generation, transmission, distribution, and sale of electricity in North Carolina, South Carolina, and Florida. It uses coal, oil, hydroelectric, natural gas, and nuclear power to generate electricity. The company supplies electric service to approximately 1.5 million residential, commercial, and industrial customers covering approximately 32,000 square miles in North Carolina and South Carolina; and electric service to approximately 1.7 million residential, commercial, and industrial customers covering approximately 13,000 square miles in Florida. It serves various industries, including textiles, chemicals, rubber and plastics...

410 South Wilmington Street

Raleigh, NC 27601

United States

Founded in 1925



Key Executives for Progress Energy Inc.

Chief Executive Officer, President and Director
Age: 55
Chief Financial Officer and Executive Vice President
Age: 56
Chief Executive Officer of Progress Energy Carolinas Inc and President of Progress Energy Carolinas Inc
Age: 54
Chairman of Duke Energy Corporation, Chief Executive Officer of Duke Energy Corporation and President of Duke Energy Corporation
Age: 68
Executive Vice President and General Counsel
Age: 59
Compensation as of Fiscal Year 2015.

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