UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 22, 2012
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(Commission File
Number)
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Exact names of registrants as specified in their charters, address of principal executive offices, telephone number and state of incorporation
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(IRS Employer
Identification No.)
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1-15929
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PROGRESS ENERGY, INC.
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56-2155481
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410 S. Wilmington Street
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Raleigh, North Carolina 27601-1748
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Telephone: (919) 546-6111
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State of Incorporation: North Carolina
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1-3274
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FLORIDA POWER CORPORATION |
59-0247770
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d/b/a Progress Energy Florida, Inc.
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| 299 First Avenue North | ||
| St. Petersburg, Florida 33701 | ||
| Telephone: (727) 820-5151 | ||
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State of Incorporation: Florida
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None
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(Former Name or Former Address, if Changed Since Last Report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 8 – OTHER EVENTS
Item 8.01 Other Events.
On February 22, 2012, the Florida Public Service Commission unanimously approved a settlement agreement reached collaboratively between Florida Power Corporation d/b/a Progress Energy Florida, Inc. (the “Company”), the Office of Public Counsel and other consumer advocates. The agreement, which was previously filed on January 20, 2012, provides customers a refund of $288 million through the fuel clause over the next four years and provides rate certainty related to the Company’s proposed Levy County nuclear project and base rates. The settlement will take effect with the first billing cycle of January 2013.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
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PROGRESS ENERGY, INC. and
FLORIDA POWER CORPORATION d/b/a
PROGRESS ENERGY FLORIDA, INC.
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Registrants
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By:
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/s/ Holly H. Wenger
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Holly H. Wenger
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Assistant Secretary
Progress Energy, Inc.
Florida Power Corporation d/b/a
Progress Energy Florida, Inc.
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Date: February 22, 2012