Progress Energy overview

Progress Energy, headquartered in Raleigh, North Carolina, is a subsidiary of Duke Energy and prior to its merger with Duke Energy was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues.
The staff at Progress Energy come from unusually diverse demographic backgrounds. The company is 34.3% female and 38.6% ethnic minorities. Progress Energy employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 59.3% of employees identifying as members of the Republican Party. Despite their political differences, employees at Progress Energy seem to be happy. The company has great employee retention with staff members usually staying for 4.0 years.
Based in Raleigh, North Carolina, Progress Energy is an industry leader with 11,000 employees and an annual revenue of $22.7B.

The Organization’s Mission

The power quality effort includes industry leaders. We offer a complete family of power quality services. We go beyond the energy meter to find power quality solutions. We can help prevent future problems. We have the equipment and expertise to analyze power quality problems outside and inside customer facilities.

Perks of Working at Progress Energy

The company has a caring management that treats each employee like a family. It also provides employees with great benefits and paid time off.







Founded in



Raleigh, NC


Organization Type


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The team at Progress Energy

Key People
  • Lynn Good (ceo)
The Inside Scoop
Duke Energy is one of the largest electric power holding companies in the US providing electricity to 7. 6 million retail customers in six states. The company has approximately 49,500 megawatts of electric generating capacity in the Midwest, the Carolinas, and Florida. It also offers natural gas distribution services to over 1. 6 million customers in Kentucky, Ohio, Tennessee, and the Carolinas. The firm also owns and operates diverse power generation assets in North America.
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Progress Energy Reviews

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Progress Energy Rankings

Progress Energy is ranked #99 on the Best Energy Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Progress Energy careers

On average, employees at Progress Energy stay with the company for 4.0 years. Employees most commonly join Progress Energy after leaving U.S. Navy. When they leave Progress Energy, they most frequently get their next job at Duke Energy.

Average Length of Employment
Entergy4.8 years
Duke Energy4.3 years

Progress Energy

4.0 years
Shell2.5 years
Top Employers Before Progress Energy
U.S. Navy15.9 %
IBM10.9 %
Dukes5.6 %
US Army5.6 %
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Top Employers After Progress Energy
IBM4.4 %
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Progress Energy Financial Performance

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Frequently Asked Questions about Progress Energy

When was Progress Energy founded?

Progress Energy was founded in 1925.

How many Employees does Progress Energy have?

Progress Energy has 11,000 employees.

How much money does Progress Energy make?

Progress Energy generates $22.7B in revenue.

What industry is Progress Energy in?

Progress Energy is in the energy industry.

What is Progress Energy's mission?

Progress Energy's mission statement is "The power quality effort includes industry leaders. We offer a complete family of power quality services. We go beyond the energy meter to find power quality solutions. We can help prevent future problems. We have the equipment and expertise to analyze power quality problems outside and inside customer facilities."

What type of company is Progress Energy?

Progress Energy is a private company.

Who are Progress Energy's competitors?

Progress Energy competitors include Duke Energy, Entergy, Shell, BP America, Resource management, American International Holdings, CenterPoint Energy, Piedmont Natural Gas, Hess, National Grid USA Service Company, Southern Company, NEC Corporation of America, Direct Energy, Marathon Oil, FirstEnergy, Alon Usa Partners, Philadelphia Gas Works, Tesco, McDermott International, ROLLAND VIRTUAL BUSINESS SYS.

Who works at Progress Energy?

Lynn Good (ceo)

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You can find out what it is like to work at Progress Energy, also known as PROGRESS ENERGY CORP, Progress Energy, Progress Energy Corporation, Progress Energy Inc and Progress Energy Inc..

Zippia gives an in-depth look into the details of Progress Energy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Progress Energy. The employee data is based on information from people who have self-reported their past or current employments at Progress Energy. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Progress Energy and its employees or that of Zippia.