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 Florida, Inc. (PEF), spent about US$4 million and accrued about US$2 million related to the remediation of transformers for the three months ended June 30, 2009.
For the six months ended June 30, 2009, PEF…
Progress Energy, Inc.’s subsidiary, Progress Energy Florida, Inc., had a total of US$63 million at June 30, 2009 and US$76 million at Dec. 31, 2008 for emission allowances.
PEF had US$9 million at June 30, 2009 and US$11 million at Dec.…
Progress Energy, Inc.’s subsidiary, Progress Energy Florida Inc. (PEF), is still reviewing its distribution transformer sites and substation sites in Florida for mineral oil-impacted soil remediation caused by equipment integrity issues. PEF currently expects to have completed this review by…
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…
The U.S. Court of Appeals for the District of Columbia (D.C. Court of Appeals), on July 11, 2008, has vacated the Environmental Protection Agency’s implementation of the Clean Air Interstate Rule in its entirety, Progress Energy, Inc. reports in its…