This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

TECO Peoples Gas Sending Help To Restore Gas Service In Sandy’s Aftermath

In a first-of-its-kind trip, a baker’s dozen of TECO Peoples Gas workers are leaving for New York today to help National Grid restore natural gas service to its Long Island customers who continue to be without service in the aftermath of Superstorm Sandy.

Crews left this morning for the two-day drive to West Hempstead, N.Y., and they are prepared to stay for nearly three weeks. They will replace regulators and turn on natural gas service for residential customers.

“We have appreciated the assistance of other gas utilities in our times of need, and we are happy to return these types of favors whenever we can,” said Gordon Gillette, president of Tampa Electric and Peoples Gas. “We are proud to help the customers of National Grid during this extensive restoration effort.”

This brings to nearly 130 the total employees from TECO Energy companies who have traveled to the Northeast to help with Sandy restoration. Tampa Electric sent 115 employees – plus 175 contractors – to New Jersey to restore power in October and early November.

Residents of Long Island and some areas of New York City were the hardest hit when Superstorm Sandy came ashore Oct. 29. The storm’s hurricane-force winds wreaked havoc and left thousands of residents without power and natural gas, in some cases for days or weeks. National Grid said it is continuing around-the-clock efforts to repair portions of its natural gas system that were damaged or destroyed by the storm.

Peoples Gas participates in the Northeast Gas Association’s mutual assistance network, which is a collection of natural-gas utilities that help each other in case of emergency. Crews supporting the restoration efforts of other utilities are paid by the host utility.

Peoples Gas System, Florida’s largest natural gas distribution company, is one of the three core businesses of TECO Energy, Inc. (NYSE: TE), an energy-related holding company with regulated electric and gas utility operations in Florida through Tampa Electric and Peoples Gas System. Peoples Gas serves nearly 340,000 customers in most of Florida’s major metropolitan areas and beyond. TECO Energy’s other major subsidiary, TECO Coal, owns and operates coal production facilities in Kentucky and Virginia.



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs