Description
SWOT ANALYSIS OF PROGRESS ENERGY

Progress Energy

Parent Company

Duke Energy Corporation

Category

Electric Utilities

Sector

Energy

Tagline/ Slogan

People, performance, excellence

USP

Leading Power company in the U.S. STP

Segment

Energy and electrical utilities for industrial and commercial purposes

Target Group

Residential, Small and Large Businesses

Positioning

Leading Power company in the U.S. SWOT Analysis

1. Has 21000 MW of generation capacity and over 11000 employees 2. Serves over 3 million+ customers 3. Was a Fortune 500 company before its merger with Duke Energy Strength 4. Strong financial position and brand reputation

1.Involved in disputes with Regulators regarding disclosures Weakness 2.Operation is concentrated and not spread out

1.Increasing demand for power in the U.S. 2.Non-conventional sources of power Opportunity 3.Leveraging on the merger with Duke to expand into other countries

Threats

1.Compliance to Environmental law

2.Consolidation in the power sector in the U.S. Competition

1.South Carolina Edison 2.Exelon Power Competitors 3.Pacific Gas and Electric Company



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