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Something else to blame on the grim housing market: The Bay area's largest power providers are losing customers for the first time in memory. ...more
November 1, 2008
Nearly 300 jobs at Progress Energy Florida will be eliminated by the end of the year, the St. Petersburg-based electric utility said Thursday. ...more
August 29, 2008
With layoffs looming, Progress Energy Florida said today electricity consumption and sales have fallen well below expectations, a byproduct of Florida's distressed housing market. ...more
August 7, 2008
Two weeks after winning state approval to build two nuclear reactors north of Crystal River in Levy County, Progress Energy Florida took its proposal to federal regulators on Friday and asked for their OK. ...more
August 2, 2008
The poor housing market in Florida and soaring production costs for coal led TECO Energy Corp. on Thursday to lower its expectations for 2008. ...more
August 1, 2008
TECO Energy Corp. reported a 30 percent drop in second-quarter earnings this morning, the result of last year's sale of the company's shipping business and the expiration of tax credits for the production of synthetic fuel. The quarterly results didn't include gains from those businesses, which contributed $20.6 million, or 10 cents a share, to the second-quarter results of 2007. ...more
July 31, 2008
Florida's sluggish real estate market contributed to a 24 percent drop in first-quarter earnings at Progress Energy, the company reported Thursday. ...more
May 9, 2008
Florida's sluggish real-estate market contributed to a 24 percent drop in first-quarter earnings at Progress Energy, the company reported Thursday. ...more
May 8, 2008
Higher electricity sales and better-than-expected results from its Guatemala business fanned a 16 percent increase in third-quarter earnings at TECO Energy, the company said Friday. ...more
November 3, 2007
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