<ARTICLE> UT <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (INTERIM FINANCIAL STATEMENTS AS OF DECEMBER 31, 1996) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000017797 <NAME> CAROLINA POWER & LIGHT COMPANY <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> $6,399,919 <OTHER-PROPERTY-AND-INVEST> $489,334 <TOTAL-CURRENT-ASSETS> $672,039 <TOTAL-DEFERRED-CHARGES> $603,552 <OTHER-ASSETS> $204,357 <TOTAL-ASSETS> $8,369,201 <COMMON> $1,187,586 <CAPITAL-SURPLUS-PAID-IN> ($790) <RETAINED-EARNINGS> $1,503,658 <TOTAL-COMMON-STOCKHOLDERS-EQ> $2,690,454 <PREFERRED-MANDATORY> $0 <PREFERRED> $143,801 <LONG-TERM-DEBT-NET> $2,525,607 <SHORT-TERM-NOTES> $0 <LONG-TERM-NOTES-PAYABLE> $0 <COMMERCIAL-PAPER-OBLIGATIONS> $0 <LONG-TERM-DEBT-CURRENT-PORT> $103,345 <PREFERRED-STOCK-CURRENT> $0 <CAPITAL-LEASE-OBLIGATIONS> $0 <LEASES-CURRENT> $0 <OTHER-ITEMS-CAPITAL-AND-LIAB> $2,905,994 <TOT-CAPITALIZATION-AND-LIAB> $8,369,201 <GROSS-OPERATING-REVENUE> $2,995,715 <INCOME-TAX-EXPENSE> $269,763 <OTHER-OPERATING-EXPENSES> $2,211,865 <TOTAL-OPERATING-EXPENSES> $2,481,628 <OPERATING-INCOME-LOSS> $514,087 <OTHER-INCOME-NET> $62,560 <INCOME-BEFORE-INTEREST-EXPEN> $576,647 <TOTAL-INTEREST-EXPENSE> $185,370 <NET-INCOME> $391,277 <PREFERRED-STOCK-DIVIDENDS> $9,609 <EARNINGS-AVAILABLE-FOR-COMM> $381,668 <COMMON-STOCK-DIVIDENDS> $263,388 <TOTAL-INTEREST-ON-BONDS> $172,622 <CASH-FLOW-OPERATIONS> $962,831 <EPS-PRIMARY> $2.66 <EPS-DILUTED> $2.66