(NEW YORK)Shares of utility and power generation companies traded modestly higher Wednesday, while the broader market was mixed after government report on factory orders, which helps give a ...READ MORE
(TALLHASSEE, Fla.)Customers of Florida's two largest electric companies will see an increase in their monthly utility bills as the result of the rising price of fuel. Florida Power & Light and P...READ MORE
(NEW YORK)Teco Energy Inc. led Standard & Poor's 500 Index utility stocks higher in the second quarter, as investors flocked to the stock as coal prices soared.READ MORE
(RALEIGH, N.C.)Progress Energy Inc. said Thursday its chief financial officer will retire and be replaced by the power producer's senior vice president for finance. Peter Scott plans to retir...READ MORE
(WASHINGTON)Utility owner Progress Energy spent $450,000 in the first quarter to lobby on energy and environmental issues, according to a recent disclosure form. The Raleigh, N.C.-based compan...READ MORE
(WASHINGTON)The Supreme Court on Monday rejected, without comment, an appeal by Progress Energy Inc. in a labor law dispute. At issue is whether companies and employees can settle Family and M...READ MORE
(RALEIGH, N.C.)Progress Energy Corp. asked for permission Friday to increase residential electricity rates in North Carolina by an average of 16.2 percent, largely to recoup rising fuel expenses....READ MORE