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Progress Energy has more than enough generation capacity to meet current electricity demands; but to ensure power for the future, we plan ahead 10 years or more. Our planning tells us that by 2016 another 300,000 new customers in the Carolinas will be depending on Progress Energy to provide reliable power 24 hours a day.
With its service area expanding by 25,000 to 30,000 new homes and businesses each year, and facing increased costs to ensure continued reliable electricity to accommodate that growth, Progress Energy Carolinas has announced a goal of displacing 2,000 megawatts (MW) of power generation through demand-side management and energy-efficiency programs.
In meeting this goal, the company will double the approximate 1,000 MW currently being saved with existing programs. The additional 1,000 MW reduction would be equivalent to the capacity of more than six combustion-turbine power plants.
Balanced solution
Progress Energy is committed to a long-term, balanced solution to meeting growing energy needs -- a solution that includes three main components: (1) increased energy efficiency, (2) investments in renewable energy sources and other emerging energy technologies, and (3) upgrading of existing power plants and investments in new plants when needed.
More information
- For more information, view additional links below.
- Looking at Power in a New Light brochure
- Need information that you couldn't find on our Web site? Simply complete and submit the following online form and we'll e-mail you an answer or call you at your convenience.
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