Exhibit No. 12(a)
PROGRESS ENERGY, INC.
Computation of Ratio of Earnings to Fixed Charges
For the Years Ended December 31

(dollars in millions)	2010			2009			2008			2007			2006
EARNINGS, AS DEFINED:
Income from continuing operations	$	867		$	840		$	778		$	702		$	567
Fixed charges, as below		807			740			698			625			652
Preferred dividend requirements		(7	)		(7	)		(7	)		(7	)		(7	)
Income from continuing operations attributable to     noncontrolling interests, net of tax		(7	)		(4	)		(5	)		(9	)		(16	)
Income taxes, as below		534			392			390			329			334
Total earnings, as defined	$	2,194		$	1,961		$	1,854		$	1,640		$	1,530
FIXED CHARGES, AS DEFINED:
Interest on long-term debt	$	736		$	667		$	618		$	553		$	619
Other interest		43			51			61			52			12
Imputed interest factor in rentals - charged principally to    operating expenses		21			15			12			13			14
Preferred dividend requirements of subsidiaries		7			7			7			7			7
Total fixed charges, as defined	$	807		$	740		$	698		$	625		$	652
INCOME TAXES:
Income tax expense (benefit)	$	539		$	397		$	395		$	334		$	339
Included in AFUDC - deferred taxes in book depreciation		(5	)		(5	)		(5	)		(5	)		(5	)
Total income taxes	$	534		$	392		$	390		$	329		$	334
Ratio of Earnings to Fixed Charges		2.72			2.65			2.66			2.62			2.35