CP&L's Premier Power Service Provides Needed Energy Solutions for Businesses

Apr 18, 2001, 01:00 ET from Progress Energy, Inc.

    RALEIGH, N.C., April 18 /PRNewswire/ -- As technology evolves and grows,
 there is a greater demand for reliable electricity sources to supply power to
 technology users.  CP&L, a Progress Energy (NYSE:   PGN) company, has closely
 monitored that growth, taking appropriate steps to boost system reliability
 and building new electric generation to meet demand.  However, large users of
 electricity with critical reliability needs such as web hosting sites, high-
 tech research facilities, and healthcare facilities require on-site stand-by
 generation to protect against intermediate and long-term outages.
     Because of this need, CP&L offers its Premier Power Service, providing
 commercial and industrial facilities with custom-tailored on-site power
 generation and protection solutions.  In the past, distributed generation was
 used solely as a back-up source of power for specific customers.  CP&L
 recently received approval from the North Carolina Utilities Commission (NCUC)
 to distribute Premier Power service generation back into the company's
 electric system in times of peak demand to further ensure system reliability.
     "For many large users of electricity, this provides an important safety-
 net to ensure systems stay functional at all times," said Glenn Osmond,
 executive director of CP&L's energy services group.  "While CP&L's service
 should remain continuous and reliable, the rolling blackouts in California and
 the effect it's had on that state's industries provides a perfect example of
 why backup is so important."
     With the Premier Power Service, CP&L works with customers to identify
 needed levels of power protection.  The company will then design, install,
 manage and maintain the system.  CP&L provides all working capital for the
 generation and customers pay a single monthly fee for the service.  CP&L also
 tests Premier Power generators weekly to ensure reliability.
     "Electricity is not a luxury item, it's critical to our customers," added
 Osmond.  "Many factors can cause an outage -- a car hitting a pole, an ice
 storm, a summer thunderstorm -- and all could potentially leave a business
 that is critically dependent upon electricity without power.  If a customer
 using Premier Power Service experiences a power disruption, the outage is
 automatically sensed and the customer is switched to the backup within 10 to
 30 seconds.  That can be vital."
     CP&L Premier Power Service customers include Interpath (application
 service provider), Daniel Corp. (commercial property), Bayer Corp., the U.S.
 Postal Service, and the N.C. Dept. of Transportation.
    To find out more about CP&L's Premier Power Service, call (800) 433-6944 or
 visit http://www.cpl.com.
    Progress Energy (NYSE:   PGN) is a Fortune 500 diversified holding company
 headquartered in Raleigh, N.C. with more than 19,000 megawatts of generation
 capacity and $7 billion in annual revenues.  The company's diverse portfolio
 includes two major electric utility companies, CP&L and Florida Power, as well
 as NCNG, SRS, Progress Telecom and Energy Ventures.  These companies serve 2.8
 million customers across the Southeast, providing electricity, natural gas,
 energy services and broadband capacity.  For more information about Progress
 Energy, visit the company's Web site at: http://www.progress-energy.com .
 
 

SOURCE Progress Energy, Inc.
    RALEIGH, N.C., April 18 /PRNewswire/ -- As technology evolves and grows,
 there is a greater demand for reliable electricity sources to supply power to
 technology users.  CP&L, a Progress Energy (NYSE:   PGN) company, has closely
 monitored that growth, taking appropriate steps to boost system reliability
 and building new electric generation to meet demand.  However, large users of
 electricity with critical reliability needs such as web hosting sites, high-
 tech research facilities, and healthcare facilities require on-site stand-by
 generation to protect against intermediate and long-term outages.
     Because of this need, CP&L offers its Premier Power Service, providing
 commercial and industrial facilities with custom-tailored on-site power
 generation and protection solutions.  In the past, distributed generation was
 used solely as a back-up source of power for specific customers.  CP&L
 recently received approval from the North Carolina Utilities Commission (NCUC)
 to distribute Premier Power service generation back into the company's
 electric system in times of peak demand to further ensure system reliability.
     "For many large users of electricity, this provides an important safety-
 net to ensure systems stay functional at all times," said Glenn Osmond,
 executive director of CP&L's energy services group.  "While CP&L's service
 should remain continuous and reliable, the rolling blackouts in California and
 the effect it's had on that state's industries provides a perfect example of
 why backup is so important."
     With the Premier Power Service, CP&L works with customers to identify
 needed levels of power protection.  The company will then design, install,
 manage and maintain the system.  CP&L provides all working capital for the
 generation and customers pay a single monthly fee for the service.  CP&L also
 tests Premier Power generators weekly to ensure reliability.
     "Electricity is not a luxury item, it's critical to our customers," added
 Osmond.  "Many factors can cause an outage -- a car hitting a pole, an ice
 storm, a summer thunderstorm -- and all could potentially leave a business
 that is critically dependent upon electricity without power.  If a customer
 using Premier Power Service experiences a power disruption, the outage is
 automatically sensed and the customer is switched to the backup within 10 to
 30 seconds.  That can be vital."
     CP&L Premier Power Service customers include Interpath (application
 service provider), Daniel Corp. (commercial property), Bayer Corp., the U.S.
 Postal Service, and the N.C. Dept. of Transportation.
    To find out more about CP&L's Premier Power Service, call (800) 433-6944 or
 visit http://www.cpl.com.
    Progress Energy (NYSE:   PGN) is a Fortune 500 diversified holding company
 headquartered in Raleigh, N.C. with more than 19,000 megawatts of generation
 capacity and $7 billion in annual revenues.  The company's diverse portfolio
 includes two major electric utility companies, CP&L and Florida Power, as well
 as NCNG, SRS, Progress Telecom and Energy Ventures.  These companies serve 2.8
 million customers across the Southeast, providing electricity, natural gas,
 energy services and broadband capacity.  For more information about Progress
 Energy, visit the company's Web site at: http://www.progress-energy.com .
 
 SOURCE  Progress Energy, Inc.