Progress Energy Florida
Progress Energy’s Economic Development team has a reputation for going the extra mile to assist companies expanding or relocating in the Carolinas and Florida. That’s just one of the reasons Progress Energy has been recognized as one of the “Top Utilities for Economic Development” by Site Selection magazine. Our experienced team is pleased to offer a wealth of specialized services and assistance designed to save companies time and money in every aspect of the site selection process.
When serving as a single point of contact with a company or consultant or as part of the local or regional team, our value-added services include:
The areas we serve with our core business—the Carolinas and Florida—have some of the best economic indicators and growth rates in the United States. The service territory’s world-class industry presence, universities and research centers, innovative worker training programs and supportive business environment make it an ideal location for companies. Business opportunities, geographic appeal and quality of life continue to draw companies and people.
Progress Energy Florida, a subsidiary of Duke Energy, provides electricity and related services to more than 1.6 million customers in Florida. The company is headquartered in St. Petersburg, Fla., and provides approximately 10,000 megawatts of diverse electric generation to serve a territory encompassing more than 20,000 square miles, including the cities of St. Petersburg and Clearwater, as well as the Central Florida area surrounding Orlando.
Progress Energy has earned the Edison Electric Institute’s Edison Award, the industry’s highest honor, in recognition of operational excellence. The company is also the first utility to receive the prestigious J.D. Power and Associates Founder’s Award for customer service and remains in the top quartile nationally in the latest J.D. Power Electric Utility Residential Customer Satisfaction Survey.
Progress Energy is pursuing a balanced approach to meeting the future energy needs of the region. That balance includes increased energy efficiency programs, investments in renewable energy technologies and a state-of-the-art electricity system. The result is clean, reliable, affordable power for customers today and tomorrow.
The new Duke Energy, which is the product of a merger with Progress Energy, is the largest electric power holding company in the United States with more than $100 billion in total assets. Its regulated utility operations serve more than 7 million electric customers located in six states in the Southeast and Midwest. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.