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Progress Energy Overview

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 $63,317 per year. Pay at Progress Energy is significantly lower than some of its highest paying competitors, like Portland General Electric, Southern California Edison, and AVANGRID, which pay $85,288, $83,919, and $80,957, respectively.
Based in 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.


Electric Utility





Founded in



Raleigh, NC



Organization Type


Is This Your Company?

Progress Energy Employee Reviews

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Zippia UserApril 2020


Zippia Official LogoZippia UserApril 2020

What Do You Like About Working There?

They thought me how to do stuff

What DON'T You Like About Working There?

I liked everything

What Are Your Favorite Benefits/Perks?

Paid time off, 401k, have a van
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The Team At Progress Energy

Key People

Lynn J. Good

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 Company Rankings

Progress Energy is ranked #68 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

Salary Score
The national average salary for a Progress Energy employee in the United States is $63,317 per year. Employees in the top 10 percent can make over $102,000 per year, while employees at the bottom 10 percent earn less than $38,000 per year.
Average Progress Energy Salary
$63,317 yearly
$30.44 hourly
Updated July 11, 2022
10 %
90 %
Average Employee Earnings

Highest Paying Jobs At Progress Energy

Rank  Job Title  Avg. Salary  Hourly Rate  
1Human Resources Business Partner$104,829$50
2Team Leader$100,449$48
4Information Technology Applications Developer$98,414$47
5Lead Engineer$96,528$46
6Project Manager$93,832$45
7Account Manager$89,426$43
8Senior Engineer$89,057$43
9Engineering Technician$83,750$40
10Information Technology Analyst$82,335$40
11Project Planner$80,571$39
12Contracts Administrator$77,764$37
13Senior Training Specialist$75,421$36
14Real Time Trader$74,419$36
16Instrument And Controls Technician$70,715$34
17Business & Finance Analyst$70,378$34
18Maintenance Supervisor$68,699$33
19Litigation Paralegal$62,335$30
20Human Resources Coordinator$57,272$28

Progress Energy Demographics Summary

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Progress Energy Gender Distribution


Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Progress Energy. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • 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%), followed by Black or African American (16%) and Hispanic or Latino (11%).

  • Progress Energy employees are most likely to be members of the republican party.

  • On average, employees at Progress Energy stay with the company for 5.0 years.

  • The average employee at Progress Energy makes $63,317 per year.

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Progress Energy Employee Political Affiliation

Progress Energy employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Progress Energy employee was by Lloyd Yates. Lloyd Yates donated $7,500 to the Democratic Party.


Republican Party

59.7 %

Democratic Party

38.7 %


1.6 %

Employee Political Donations

Name  Job Title  Party  Donation  
Lloyd YatesChief Executive OfficerDemocratic Party$7,500
Jeanelle McCainDirectorRepublican Party$3,500
Hilda Pinnix RaglandVice PresidentDemocratic Party$3,500
William JohnsonChief Executive OfficerRepublican Party$2,621
Robert McCallExecutiveDemocratic Party$2,500
Vincent DolanUtilities ManagerRepublican Party$2,400
John FarnellElectricianDemocratic Party$2,400
Leslie SaiontzFounderDemocratic Party$2,400
Jeffrey LyashChief Executive OfficerOther$2,400
David BerensRequirements EngineerRepublican Party$2,250
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Progress Energy Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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Progress Energy Competitors

Some of the competitors of Progress Energy are Portland General Electric, Southern California Edison, and AVANGRID. Employees at Portland General Electric earn more than most of the competition, with an average yearly salary of $85,288. The salaries at Southern California Edison average $83,919 per year, and the salaries at AVANGRID come in at $80,957 per year.
Average Salarydesc
Portland General Electric
Salary Range65k - 110k$85k$85,288
Southern California Edison
Salary Range64k - 109k$84k$83,919
Salary Range59k - 110k$81k$80,957
Salary Range57k - 107k$78k$78,270
American Petroleum Institute
Salary Range54k - 107k$76k$76,187
Salary Range59k - 88k$72k$72,212
PNM Resources
Salary Range58k - 85k$70k$70,332
OGE Energy
Salary Range52k - 94k$70k$70,130
Kinder Morgan
Salary Range48k - 89k$66k$66,057
Koch Industries
Salary Range46k - 93k$66k$65,927

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 electric utility 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 public company.

Who are Progress Energy's competitors?

Progress Energy competitors include Florida Power & Light, AVANGRID, Duke Energy, Exelon, Dynegy, American Petroleum Institute, Energy Transfer Solutions, Koch Industries, TXU Energy Retail Company, PNM Resources, Kinder Morgan, National Grid plc, FirstEnergy, PSEG, Arizona Public Service, CenterPoint Energy, Portland General Electric, Salt River Project, Southern California Edison, OGE Energy.

Who works at Progress Energy?

Lynn J. Good (CEO)

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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.