Stock Report: TECO Energy Inc. (TE) Report Updated: May 20, 2013 | Print This Page

TECO Energy, Inc., an energy-related holding company, primarily engages in the regulated utility operations. The company, through its subsidiaries, generates, purchases, transmits, distributes, and sells electric energy in Florida and Guatemala. It provides retail electric services to approximately 678,000 customers in west central Florida with a net winter system generating capacity of 4,684 megawatts, as well as sells its electric energy on wholesale basis to utilities and other resellers of electricity. The company also engages in the purchase, distribution, and sale of natural gas for approximately 340,000 residential, commercial, industrial, and electric power generation customers in Florida. In addition, it produces, processes, and sells bituminous, primarily low-sulfur coal of metallurgical, pulverized coal injection, steam, and industrial grades in eastern Kentucky, Tennessee, and southwestern Virginia. TECO Energy, Inc. was founded in 1899 and is headquartered in Tampa, Florida.