Exhibit No. 12(c)

FLORIDA POWER CORPORATION

d/b/a PROGRESS ENERGY FLORIDA, INC.

Computation of Ratio of Earnings to Fixed Charges and

Ratio of Earnings to Fixed Charges and Preferred Dividends Combined

For the Years Ended December 31

(dollars in millions)	2009		2008		2007		2006		2005
EARNINGS, AS DEFINED:
Net income	$	462	$	385	$	317	$	328	$	260
Fixed charges, as below		261		239		188		159		138
Income taxes		209		181		144		193		121
Total earnings, as defined	$	932	$	805	$	649	$	680	$	519
FIXED CHARGES, AS DEFINED:
Interest on long-term debt	$	239	$	220	$	157	$	145	$	116
Other interest		19		16		28		10		18
Imputed interest factor in rentals – charged principally to operating expenses		3		3		3		4		4
Total fixed charges, as defined		261		239		188		159		138
Preferred dividends, as defined		2		2		2		2		2
Total fixed charges and preferred dividends combined	$	263	$	241	$	190	$	161	$	140
Ratio of Earnings to Fixed Charges		3.57		3.37		3.45		4.28		3.76
Ratio of Earnings to Fixed Charges and Preferred Dividends Combined		3.54		3.34		3.42		4.22		3.71