Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas, Inc., had about US$17 million at June 30, 2009 and US$22 million at Dec. 31, 2008 in sulfur dioxide (SO2) emission allowances and an immaterial amount of nitrogen oxide (NOx) emission allowances.
Raleigh, N.C.-based…
Progress Energy, Inc. says that cumulative environmental compliance capital expenditures to date with regard to various environmental laws and regulations were US$2.027 billion at June 30, 2009, including US$1.042 billion at Progress Energy Carolinas, Inc. (PEC) and US$985 million at…
Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas, Inc. (PEC), recorded a US$7 million liability for the Ward Transformer site in Raleigh, N.C. at June 30, 2009 and Dec. 31, 2008.
In 2004, the U.S. Environmental Protection Agency advised PEC that it…
Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas, Inc., for the three months ended June 30, 2009, spent about US$2 million and accrued about US$1 million for the Ward Transformer site located in Raleigh, N.C. and certain manufactured gas plant (MGP)…
Progress Energy, Inc. recorded a US$7 million liability at June 30, 2009 (US$10 million at Dec. 31, 2008) for the the Roxboro No. 4 and Mayo Units, based upon the respective estimates for the remaining Clean Smokestacks Act compliance costs.
In…
Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas Inc., at June 30, 2008, recorded a liability of US$9 million for the Ward Transformer site in Raleigh, N.C., compared with about US$6 million at Dec. 31, 2007.
During the fourth quarter of 2004,…
Progress Energy, Inc.’s subsidiary, Progress Energy Carolinas Inc. (PEC), for the three months ended June 30, 2008, accrued about US$5 million for environmental matters at its sites, compared with about US$1 million for the same period in 2007.
These sites include…
Progress Energy, Inc., at June 30, 2008, recorded US$63 million in total accruals for environmental remediation, compared with US$64 million at Dec. 31, 2007.
Of the US$63 million accrued at June 30, 2008, US$18 million relates to subsidiary Progress Energy…