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Florida Power
Duke Energy Florida, formerly Florida Power, was the generation, transmission, and distribution sector of Florida Progress Corporation. The company distributed power over much of central and north Florida. Their service area covers approximately 13,000 square miles. Along with that, the company supplies electric service to approximately 1.8 million residential, commercial and industrial customers in the state. Florida Progress merged with Carolina Power & Light in 2000 to form Progress Energy. Progress Energy merged with Duke Energy in 2012. Today the Florida operations operate as Duke Energy Florida. History In 1899, Frank A. Davis founded the St. Petersburg Electric Light and Power Company in the newly founded town of St. Petersburg, Florida. In 1911 it started offering 24 hour service to their customers. After a series of expansions, in 1927 St. Petersburg Electric Light and Power Company became Florida Power Corporation. Reddy Kilowatt became the company's mascot in In 1939 ...
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Florida Progress Corporation
Duke Energy Florida, formerly Florida Power, was the generation, transmission, and distribution sector of Florida Progress Corporation. The company distributed power over much of central and north Florida. Their service area covers approximately 13,000 square miles. Along with that, the company supplies electric service to approximately 1.8 million residential, commercial and industrial customers in the state. Florida Progress merged with Carolina Power & Light in 2000 to form Progress Energy. Progress Energy merged with Duke Energy in 2012. Today the Florida operations operate as Duke Energy Florida. History In 1899, Frank A. Davis founded the St. Petersburg Electric Light and Power Company in the newly founded town of St. Petersburg, Florida. In 1911 it started offering 24 hour service to their customers. After a series of expansions, in 1927 St. Petersburg Electric Light and Power Company became Florida Power Corporation. Reddy Kilowatt became the company's mascot in In 1939 ...
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Carolina Power & Light
Carolina Power & Light (CP&L), later doing business as Progress Energy Inc., was an electrical generation, transmission, and distribution utility based in Raleigh, North Carolina. The company was founded on July 13, 1908 as the result of the merger and buyout of numerous small, private, and financial distressed utilities across the state. Known locally as "CP&L" the company's main operations were in Eastern North Carolina and in parts of northeastern South Carolina and in the Asheville area of western North Carolina. The company merged with Florida Progress Corporation in 2000 to become Progress Energy Inc. History In 1908, Raleigh Electric, Central Carolina Power and Consumer Light & Power merged to form Carolina Power & Light. In 1952, CP&L added southeastern North Carolina to its service territory with the acquisition of Tide Water Power, following the death of Hugh MacRae. In 1987, CP&L placed the Shearon Harris Nuclear Power Plant into service. In 2002, subsequent ...
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Progress Energy Inc
Progress Energy, headquartered in Raleigh, North Carolina, is a subsidiary of Duke Energy and prior to its merger with Duke Energy was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida. As an independent company, the last chairman and CEO of Progress Energy was William D. Johnson; his predecessor was Robert McGehee, who died on October 9, 2007 at the age of 64 of a stroke while on a business trip to London. Progress Energy is the majority owner and operator of the Brunswick, Crystal River 3, Robinson, and Shearon Harris nuclear power plants. On October 16, 1999, third quarter earnings of Florida Progress Corp. fell 20.5 percent as damage from Hurricane Floyd. On August 24, 1999, Carolina Power & Light Co. said that it would acquire Florida Progress Corp. for $5.3 billion, creati ...
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Duke Energy
Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. Overview Based in Charlotte, North Carolina, Duke Energy owns 58,200 megawatts of base-load and peak generation in the United States, which it distributes to its 7.2 million customers. The company has approximately 29,000 employees. Duke Energy's service territory covers with of distribution lines. Almost all of Duke Energy's Midwest generation comes from coal, natural gas, or oil, while half of its Carolinas generation comes from its nuclear power plants. During 2006, Duke Energy generated 148,798,332 megawatt-hours of electrical energy. Duke Energy Renewable Services (DERS), a subsidiary of Duke Energy, specializes in the development, ownership, and operation of various generation facilities throughout the United States. This segment of the company operates 1,700 megawatts of generation. 240 megawatts of wind generation were under construction and ...
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