<ARTICLE> UT
    <LEGEND>  THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION 
              EXTRACTED FROM INTERIM FINANCIAL STATEMENTS AS OF
              SEPTEMBER 30, 1994 AND IS QUALIFIED IN ITS ENTIRETY
              BY REFERENCE TO SUCH FINANCIAL STATEMENTS
    </LEGEND>
    <CIK> 0000017797
    <NAME> CAROLINA POWER & LIGHT COMPANY
            
                                                         
    <PERIOD-TYPE>                                          QTR-3
    <FISCAL-YEAR-END>                                      DEC-31-1994
    <PERIOD-END>                                           SEP-30-1994
    <BOOK-VALUE>                                              PER-BOOK
    <TOTAL-NET-UTILITY-PLANT>                               $6,332,398
    <OTHER-PROPERTY-AND-INVEST>                               $313,766
    <TOTAL-CURRENT-ASSETS>                                    $624,711
    <TOTAL-DEFERRED-CHARGES>                                  $653,979
    <OTHER-ASSETS>                                            $190,651
    <TOTAL-ASSETS>                                          $8,115,505
    <COMMON>                                                $1,327,375
    <CAPITAL-SURPLUS-PAID-IN>                                    ($790)
    <RETAINED-EARNINGS>                                     $1,300,753
    <TOTAL-COMMON-STOCKHOLDERS-EQ>                          $2,627,338
    <PREFERRED-MANDATORY>                                           $0
    <PREFERRED>                                               $143,801
    <LONG-TERM-DEBT-NET>                                    $2,502,893
    <SHORT-TERM-NOTES>                                              $0
    <LONG-TERM-NOTES-PAYABLE>                                       $0
    <COMMERCIAL-PAPER-OBLIGATIONS>                             $15,000
    <LONG-TERM-DEBT-CURRENT-PORT>                             $252,050
    <PREFERRED-STOCK-CURRENT>                                       $0
    <CAPITAL-LEASE-OBLIGATIONS>                                     $0
    <LEASES-CURRENT>                                                $0
    <OTHER-ITEMS-CAPITAL-AND-LIAB>                          $2,574,423
    <TOT-CAPITALIZATION-AND-LIAB>                           $8,115,505
    <GROSS-OPERATING-REVENUE>                               $2,237,323
    <INCOME-TAX-EXPENSE>                                      $163,743
    <OTHER-OPERATING-EXPENSES>                              $1,708,327
    <TOTAL-OPERATING-EXPENSES>                              $1,872,070
    <OPERATING-INCOME-LOSS>                                   $365,253
    <OTHER-INCOME-NET>                                         $51,911
    <INCOME-BEFORE-INTEREST-EXPEN>                            $417,164
    <TOTAL-INTEREST-EXPENSE>                                  $149,872
    <NET-INCOME>                                              $267,292
    <PREFERRED-STOCK-DIVIDENDS>                                 $7,206
    <EARNINGS-AVAILABLE-FOR-COMM>                             $260,086
    <COMMON-STOCK-DIVIDENDS>                                  $192,765
    <TOTAL-INTEREST-ON-BONDS>                                       $0
    <CASH-FLOW-OPERATIONS>                                    $623,510
    <EPS-PRIMARY>                                                $1.73
    <EPS-DILUTED>                                                $1.73