November 17, 2005
Securities and Exchange Commission
100 F Street, N.W.
Washington, D.C. 20549-0308
Attention: Mr. Jim Allegretto, Senior Assistant Chief Accountant
Division of Corporation Finance
| RE: | Progress Energy Inc. Form 10-K for the year ended December 31, 2004 Filed March 16, 2005 File No. 1-15929 Carolina Power and Light Company Form 10-K for the year ended December 31, 2004 Filed March 16, 2005 File No. 1-03382 Florida Progress Corporation Form 10-K for the year ended December 31, 2004 Filed March 16, 2005 File No. 1-08349 Florida Power Corporation Form 10-K for the year ended December 31, 2004 Filed March 16, 2005 File No. 1-03274 |
Dear Mr. Allegretto:
By letter dated November 4, 2005, Progress Energy, Inc., a North Carolina corporation (“Progress Energy” or the “Company”) responded to comments of the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) to the above referenced filings contained in the Commission’s letter to Mr. Robert McGehee of Progress Energy, dated October 14, 2005. This letter is provided as follow-up to the Company’s November 4, 2005 letter.
The Company confirms that each of the Company, Carolina Power & Light Company d/b/a Progress Energy Carolinas, Inc., Florida Progress Corporation and Florida Power Corporation d/b/a Progress Energy Florida, Inc. will provide SFAS No. 115 disclosures related to nuclear decommissioning trust investments in their respective future filings.
The Company understands that this letter concludes the comment letter process. Please direct any further questions or comments you may have regarding this filing to David Fountain at (919) 546-6164.
| | Sincerely, /s/Jeffrey M. Stone Jeffrey M. Stone Chief Accounting Officer & Controller Progress Energy, Inc. |
Enclosures
cc: Mr.Robert B. McGehee
Mr. Peter M. Scott III
John R. McArthur, Esq.
Frank A. Schiller, Esq.
Timothy S. Goettel, Esq.
