TECO Energy, Inc. (TECO Energy) is a holding company for regulated utilities and other businesses. TECO Energy owns no operating assets but holds all of the common stock of Tampa Electric Company, and through its subsidiary TECO Diversified, Inc., owns TECO Coal Corporation and through its subsidiary TECO Wholesale Generation, Inc., owns TECO Guatemala, Inc. Tampa Electric Company and TECO Energy’s largest subsidiary, has two business segments. Tampa Electric division (Tampa Electric) provides retail electric service to more than 667,000 customers in West Central Florida with a net winter system generating capability of 4,477 megawatts. Peoples Gas System (PGS), the gas division of Tampa Electric Company, is engaged in the purchase, distribution and sale of natural gas. In August 2008, it announced the formation of a new subsidiary, SeaCoast Gas Transmission, LLC, to develop and own a Florida intrastate natural gas transmission pipeline.