As filed with the Securities and Exchange Commission on March 3, 2005

                       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

                Date of report (date of earliest event reported):
                                  March 3, 2005


                         
Commission         Exact name of registrants as specified in their charters,       I.R.S. Employer
File Number          state of incorporation, address of principal executive     Identification Number
                                offices, and telephone number

1-15929                              Progress Energy, Inc.                           56-2155481
                                  410 S. Wilmington Street
                             Raleigh, North Carolina 27601-1748
                                  Telephone: (919) 546-6411
                           State of Incorporation: North Carolina

1-8349                          Florida Progress Corporation                         59-2147112
                                  410 S. Wilmington Street
                             Raleigh, North Carolina 27601-1748
                                  Telephone: (919) 546-6111
                               State of Incorporation: Florida

1-3274                           Florida Power Corporation                           59-0247770
                             d/b/a Progress Energy Florida, Inc.
                                     100 Central Avenue
                            St.  Petersburg, Florida 33701-3324
                              Telephone: (727) 820-5151 State
                               of Incorporation: Florida

1-3382                         Carolina Power & Light Company                        56-0165465
                            d/b/a Progress Energy Carolinas, Inc.
                                  410 S. Wilmington Street
                             Raleigh, North Carolina 27601-1748
                                  Telephone: (919) 546-6411
                           State of Incorporation: North Carolina


      The address of the registrants has not changed since the last report.

         This combined Form 8-K is filed separately by four registrants:
       Progress Energy, Inc., Florida Progress Corporation, Florida Power
      Corporation d/b/a Progress Energy Florida, Inc. and Carolina Power &
         Light Company d/b/a Progress Energy Carolinas, Inc. Information
         contained herein relating to any individual registrant is filed
                  by such registrant solely on its own behalf.



ITEM 9.  REGULATION FD DISCLOSURE and ITEM 12. RESULTS OF OPERATIONS AND
FINANCIAL CONDITION.

         This Current Report on Form 8-K and the earnings press release attached
hereto are being furnished by the registrants pursuant to Item 12 of Form 8-K,
in accordance with SEC Release Nos. 33-8216; 34-47583, insofar as they disclose
historical information regarding the Registrants' results of operations or
financial condition for the year ended December 31, 2004.

         On March 3, 2005, Progress Energy, Inc., issued a press release
regarding its earnings for the year ended December 31, 2004. A copy of this
release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

         The press release contains business segment information for the
Progress Energy Carolinas and Progress Energy Florida business units, which are
substantially similar to the standalone operations of each of Progress Energy
Carolinas, Inc. and Progress Energy Florida, Inc. (which is in turn a
significant subsidiary of Florida Progress Corporation). Accordingly, this
current report is also being furnished on behalf of each such registrant.

         In accordance with General Instruction B.6 of Form 8-K, the information
in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed
"filed" for the purposes of Section 18 of the Securities Exchange Act of 1934,
as amended, or otherwise subject to the liability of that section, nor shall it
be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended, or the Securities Exchange Act of 1934, as amended, except as
shall be expressly set forth by specific reference in such a filing.








                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
each of the registrants has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


                                         PROGRESS ENERGY, INC.
                                         FLORIDA PROGRESS CORPORATION
                                         FLORIDA POWER CORPORATION
                                         CAROLINA POWER & LIGHT COMPANY
                                         Registrants

                                         By:  /s/ Robert H. Bazemore
                                              -------------------------------
                                                Robert H. Bazemore
                                                Vice President and Controller

Date:  March 3, 2005






                                Index to Exhibits



Exhibit No.            Description

99.1     Press Release dated March 3, 2005 with respect to financial results for
         the year ended December 31, 2004.