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TECO Energy, Inc. Message Board

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  • fountain123_45 fountain123_45 Dec 7, 2008 4:15 PM Flag

    This lastest downturn ? ? ?

    They were recently downgraded by Keyblanc to Hold. I believe they own their own coal mines, in any event they have received approval to raise the rates. No one can figure the current economy, lot of foreclosures in their service area. I don't think it is too bad a buy at current prices. But who knows where this economy is going in the short run. Since it primarily serves homes, I would hope they will be ok.

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