TECO Energy, Inc. · Tampa, FL United States ·(NYSE: TE)
Company Description
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This link will open in a new window TECO Energy keeps the juice flowing in west central Florida. The firm's Tampa Electric unit distributes power to more than 667,000 customers and has about 4,450 MW of generating capacity. The company produces almost all of its electricity from coal. TECO also distributes natural gas in Florida through its Peoples Gas System unit (more than 335,000 customers). Other operations include TECO Coal, a coal mining company with operations in Kentucky and Virginia. TECO also operates TECO Guatemala, which owns two power plants with long term sales agreements, as well as an ownership stake in Guatemala's largest distribution utility. To read the full description, subscribe now.
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Key TECO Energy, Inc. Financials
| Company Type | Public - NYSE: TE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $3,375.3 |
| 2008 Employees | 4,400 |
TECO Energy, Inc. Executives
27 executives listed for TECO Energy, Inc.'s Tampa, FL location.
| Title | Name & Bio | Contact |
| Chairman and CEO, TECO Energy and Tampa Electric | Sherrill Hudson | Network |
| President and COO | John Ramil | Network |
| VP Finance and Accounting, CFO, Treasurer, and Chief Accounting Officer | Sandra Callahan | Network |
Competition
Competitive Landscape for TECO Energy, Inc.
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top TECO Energy, Inc. Competitors
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