September 11, 2008

PROGRESS ENERGY: PEC Accrued $5M for Envtl. Liabilities in 2Q08

COMPANIES: Progress Energy Carolinas Inc | Progress Energy Inc
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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…

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