Tampa Electric Company is a public utility operating within the state of Florida. The Company operates in two business segments: Tampa Electric division (Tampa Electric), which 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, and Peoples Gas System (PGS), the gas division of Tampa Electric Company, which is engaged in the purchase, distribution and sale of natural gas for residential, commercial, industrial and electric power generation customers in Florida. During the year ended December 31, 2008, annual natural gas throughput (the amount of gas delivered to its customers, including transportation-only service) was 1.4 billion therms. Tampa Electric Company is a subsidiary of TECO Energy, Inc. (TECO Energy). (Source: 10-K)