Progress Energy Florida Restores Power to All Customers

ST. PETERSBURG, Fla., Feb. 26 /PRNewswire-FirstCall/ -- Progress Energy Florida has restored power to all customers who lost service earlier today as the result of an incident outside the company's service area.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c )

The incident occurred at 1:09 pm and caused customer demand for electricity to exceed supply. The company's automated system went into effect to stabilize the statewide supply of electricity and dropped some customers from service.

The peak number of customers without power was approximately 153,000 out of 1.7 million throughout Progress Energy's 35-county service area in Florida. Most customers affected by the incident were restored to power by 2:10 pm and all had service restored by 3:37 pm.

No Progress Energy Florida power plants were affected and the company's system performed as it was designed to perform.

Progress Energy Florida, a subsidiary of Progress Energy (NYSE:PGN), provides electricity and related services to 1.7 million customers in Florida. The company is headquartered in St. Petersburg, Fla., and serves 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 Florida 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. For more information about Progress Energy, visit the company's Web site at www.progress-energy.com.

First Call Analyst:
FCMN Contact:

Photo: http://www.newscom.com/cgi-bin/prnh/20020923/CHM008LOGO-c
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Progress Energy Florida

CONTACT: Media contact: Progress Energy Florida 24-hour media line,
+1-866-520-6397

Web site: http://www.progress-energy.com/

2008-02-26 18:12:47 0298931 PRNEWSWIRE