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)
                  
                  2008
                  
                  
                  2007
                  
                  
                  2006
                  
                  
                  2005
                  
                  
                  2004EARNINGS,
      AS DEFINED:Net
      income
                  
                  $
                  385
                  
                  
                  $
                  317
                  
                  
                  $
                  328
                  
                  
                  $
                  260
                  
                  
                  $
                  335Fixed
      charges, as below
                  
                  
                  239
                  
                  
                  
                  188
                  
                  
                  
                  159
                  
                  
                  
                  138
                  
                  
                  
                  122Income
      taxes
                  
                  
                  181
                  
                  
                  
                  144
                  
                  
                  
                  193
                  
                  
                  
                  121
                  
                  
                  
                  174Total
      earnings, as defined
                  
                  $
                  805
                  
                  
                  $
                  649
                  
                  
                  $
                  680
                  
                  
                  $
                  519
                  
                  
                  $
                  631FIXED
      CHARGES, AS DEFINED:Interest
      on long-term debt
                  
                  $
                  220
                  
                  
                  $
                  157
                  
                  
                  $
                  145
                  
                  
                  $
                  116
                  
                  
                  $
                  107Other
      interest
                  
                  
                  16
                  
                  
                  
                  28
                  
                  
                  
                  10
                  
                  
                  
                  18
                  
                  
                  
                  10Imputed
      interest factor in rentals – chargedprincipally
      to operating expenses
                  
                  
                  3
                  
                  
                  
                  3
                  
                  
                  
                  4
                  
                  
                  
                  4
                  
                  
                  
                  5Total
      fixed charges, as defined
                  
                  
                  239
                  
                  
                  
                  188
                  
                  
                  
                  159
                  
                  
                  
                  138
                  
                  
                  
                  122Preferred
      dividends, as defined
                  
                  
                  2
                  
                  
                  
                  2
                  
                  
                  
                  2
                  
                  
                  
                  2
                  
                  
                  
                  2Total
      fixed charges and preferred dividends combined
                  
                  $
                  241
                  
                  
                  $
                  190
                  
                  
                  $
                  161
                  
                  
                  $
                  140
                  
                  
                  $
                  124Ratio
      of Earnings to Fixed Charges
                  
                  
                  3.37
                  
                  
                  
                  3.45
                  
                  
                  
                  4.28
                  
                  
                  
                  3.76
                  
                  
                  
                  5.17Ratio
      of Earnings to Fixed Charges and Preferred Dividends
    Combined
                  
                  
                  3.34
                  
                  
                  
                  3.42
                  
                  
                  
                  4.22
                  
                  
                  
                  3.71
                  
                  
                  
                  5.08