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)	2010		2009		2008		2007		2006
EARNINGS, AS DEFINED:
Net Income	$	453	$	462	$	385	$	317	$	328
Fixed charges, as below		274		261		239		188		159
Income taxes		276		209		181		144		193
Total earnings, as defined	$	1,003	$	932	$	805	$	649	$	680
FIXED CHARGES, AS DEFINED:
Interest on long-term debt	$	255	$	239	$	220	$	157	$	145
Other interest		16		19		16		28		10
Imputed interest factor in rentals - charged principally to     operating expenses		3		3		3		3		4
Total fixed charges, as defined		274		261		239		188		159
Preferred dividends, as defined		2		2		2		2		2
Total fixed charges and preferred dividends combined	$	276	$	263	$	241	$	190	$	161
Ratio of Earnings to Fixed Charges		3.66		3.57		3.37		3.45		4.28
Ratio of Earnings to Fixed Charges and Preferred Dividends    Combined		3.63		3.54		3.34		3.42		4.22