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Working at Progress Energy

Zippia Score 4.6

Overview

SalaryRevenue

Reviews

HistoryDemographicsCompetitorsCEO & Executives

Progress Energy overview

Industry
Electric Utility
Revenue
$22.7B
Headquarters
Employees
11,000
Founded In
1925
Website
Organization Type
Public
CEO
Lynn J. Good
Progress Energy, Inc., a utility holding company, engages in the generation, transmission, distribution, and sale of electricity in portions of North Carolina and South Carolina and in portions of Florida. The company has approximately 22,000 megawatts (MW) of regulated electric generation capacity and serves approximately 3.1 million retail electric customers, as well as other load-serving entities. Segments The company's segments are Carolina Power & Light Company (PEC) and Florida Power Corporation (PEF). PEC PEC is a regulated public utility primarily engaged in the generation, transmission, distribution and sale of electricity in portions of North and South Carolina.
The staff at Progress Energy come from unusually diverse demographic backgrounds. The company is 37.4% 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 59.0% 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 5.0 years.The average employee at Progress Energy makes $63,355 per year. Pay at Progress Energy is significantly lower than some of its highest paying competitors, like TXU Energy Retail Company, Southern California Edison, and Portland General Electric, which pay $85,549, $83,764, and $79,561, respectively.
Based in North Carolina, Progress Energy is an industry leader with 11,000 employees and an annual revenue of $22.0B.

Progress Energy's Mission Statement

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.

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Progress Energy employee reviews

Based on 2 ratings

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Average salary at Progress Energy
$63,355 yearly
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Progress Energy employee reviews

Progress Energy employee reviews
5.0/5

Based On 2 Ratings

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Employee Reviews
profile
5.0
A zippia user wrote a review on Apr 2020
Pros of working at Progress Energy

They thought me how to do stuff

Cons of working at Progress Energy

I liked everything

Progress Energy Benefits

Paid time off, 401k, have a van

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The team at Progress Energy

  • The founders of Progress Energy is William Johnson.
  • The key people at Progress Energy are Lynn J. Good and William Johnson.
Key People
Lynn J. Good
William Johnson
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.

Progress Energy Rankings

Progress Energy is ranked #84 on the Best Utilities 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.

Read more about how we rank companies.

Progress Energy salaries

The average a Progress Energy salary in the United States is $63,355 per year. Progress Energy employees in the top 10 percent can make over $102,000 per year, while Progress Energy employees at the bottom 10 percent earn less than $39,000 per year.
Average Progress Energy Salary
$63,355
yearly
$30.46 hourly
Updated March 14, 2024

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Progress Energy diversity

9.8
Diversity Score
We calculated Progress Energy’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Progress Energy’s workforce.
Progress Energy diversity summary. Zippia estimates Progress Energy's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Progress Energy's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Progress Energy's workforce.
  • Progress Energy has 11,000 employees.
  • 37% of Progress Energy employees are women, while 63% are men.
  • The most common ethnicity at Progress Energy is White (61%).
  • 16% of Progress Energy employees are Black or African American.
  • 11% of Progress Energy employees are Hispanic or Latino.
  • The average employee at Progress Energy makes $63,355 per year.
  • Progress Energy employees are most likely to be members of the republican party.
  • Employees at Progress Energy stay with the company for 5.0 years on average.

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Progress Energy Financial Performance

9.8
Performance Score

Highest paying Progress Energy competitors

Compare Progress Energy salaries to competitors, including TXU Energy Retail Company, Southern California Edison, and Portland General Electric. Employees at TXU Energy Retail Company earn the highest average yearly salary of $85,549. The salaries at Southern California Edison average $83,764 per year, and the salaries at Portland General Electric come in at $79,561 per year.

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Updated March 14, 2024

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. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Progress Energy. The data presented on this page does not represent the view of Progress Energy and its employees or that of Zippia.

Progress Energy may also be known as or be related to Duke Energy Carolinas, LLC, PROGRESS ENERGY, Progress Energy, Progress Energy Inc, Progress Energy Inc. and Progress Energy, Inc.