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
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| Date of Report (Date of Earliest Event Reported): | | September 19, 2007 |
Progress Energy, Inc.
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(Exact name of registrant as specified in its charter)
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| North Carolina | 1-15929 | 56-2155481 |
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(State or other jurisdiction | _____________
(Commission | ______________
(I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
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| 410 S. Wilmington Street, Raleigh, North Carolina | | 27601-1849 |
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(Address of principal executive offices) | | ___________
(Zip Code) |
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| Registrant’s telephone number, including area code: | | 919-546-6111 |
Not Applicable
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Former name or former address, if changed since last report
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On September 19, 2007, Progress Energy, Inc. (the "Company") announced that it had idled production of synthetic fuel at its majority-owned synthetic fuel facilities. The Company's decision to idle production was based on the current high level of oil prices. A copy of the Company's news release is furnished as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
99.1 News Release dated September 19, 2007, with respect to information concerning the production of synthetic fuel.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | Progress Energy, Inc. |
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| September 19, 2007 | | By: | | Jeffrey M. Stone
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| | | | | Name: Jeffrey M. Stone |
| | | | | Title: Chief Accounting Officer |
Exhibit Index
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| Exhibit No. | | Description |
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99.1 | | News Release dated September 19, 2007, with respect to information concerning the production of synthetic fuel. |
