Order approving audit report and directing compliance actions, Audit of Standards of Conduct, Codes of

111 FERC ¶ 61,243 UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION Before Commissioners: Pat Wood, III, Chairman; Nora Mead Brownell, Joseph T. Kelliher, and Suedeen G. Kelly. Florida Power Corporation Docket No. PA04-10-000 Carolina Power & Light Company Docket No. PA04-12-000 ORDER APPROVING AUDIT REPORT AND DIRECTING COMPLIANCE ACTIONS (Issued May 25, 2005) 1. In this order, we approve the attached Audit Report (Report) prepared by the Division of Operational Audits (Operational Audits), Office of Market Oversight and Investigations. The Report contains Operational Audit staff’s findings and recommendations with respect to Carolina Power & Light Company (CP&L) and Florida Power Corporation’s (FPC) (collectively, Progress Energy) compliance with the Commission’s rules, regulations, and requirements. The Commission directs Progress Energy to enact the Report’s recommended corrective actions, including the procedural remedies outlined in this order. In addition, in order to resolve this audit, Progress Energy has agreed to make the refunds/credits outlined in this order. This order is in the public interest because the recommendations made in the Report provide appropriate remedies for the findings in the Report, and also require the establishment of strict procedures to help ensure future compliance with applicable requirements of law and the Commission’s rules and ...