TECO Energy Inc
Utilities Sector: Stock Market Update for Week Ended July 17
Of the 41 utilities stocks we track, 30 gained during the week ended July 17. A positive Greek deal cheered markets globally, and dovish comments by the Fed pushed mid-to-long-term bond yields down.
Teco and Northeast bleed, dragging power utilities down
Among power utilities, Teco Energy (TE) saw the biggest drop in share prices for the week ended February 13, 2015. Teco share prices fell by 7.0%.
Why net capacity additions are important
Capacity is defined as the potential power output that power plants can generate. Each power plant has a shelf life. After the shelf life, they’re replaced with new power plants.