Tampa Electric Files Q1 2025 10-Q
| Field | Detail |
|---|---|
| Company | Tampa Electric Co |
| Form Type | 10-Q |
| Filed Date | May 8, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, utilities, financials, quarterly-report
Related Tickers: TECO
TL;DR
Tampa Electric's Q1 2025 10-Q is in. Mentions hurricanes and tax credits.
AI Summary
Tampa Electric Company filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates, including references to "Hurricane Helene" and "Hurricane Milton" which likely impacted operations or finances in the prior year. The company also mentions "DemandSideManagement" initiatives and "DeferredProductionTaxCredits" as key financial components.
Why It Matters
This filing provides insight into Tampa Electric's financial health and operational status for the first quarter of 2025, which can influence investor decisions and regulatory oversight.
Risk Assessment
Risk Level: low — This is a routine quarterly filing with no immediate red flags or significant negative news.
Key Numbers
- 2025-03-31 — Reporting Period End Date (Quarterly financial reporting)
- 2024-12-31 — Prior Year End Date (Comparison for financial reporting)
- 2024-03-31 — Prior Year Quarter End Date (Year-over-year comparison)
Key Players & Entities
- TAMPA ELECTRIC CO (company) — Filer
- 702 N FRANKLIN ST (location) — Business Address
- TECO PLAZA (location) — Business Address
- Hurricane Helene (event) — Mentioned in filing
- Hurricane Milton (event) — Mentioned in filing
- DemandSideManagement (initiative) — Mentioned in filing
- DeferredProductionTaxCredits (financial_item) — Mentioned in filing
- TECO Energy (company) — Related entity
FAQ
What was the financial performance of Tampa Electric Company in Q1 2025?
The 10-Q filing for the period ending March 31, 2025, provides the financial performance details, though specific figures are not detailed in the provided header information.
What is the significance of 'Hurricane Helene' and 'Hurricane Milton' in this filing?
These hurricanes are mentioned in the context of the 2024 calendar year, suggesting potential impacts on operations or financial results from the prior year.
What are 'DemandSideManagement' and 'DeferredProductionTaxCredits' for Tampa Electric?
These are operational initiatives and financial items referenced in the filing, likely related to energy efficiency programs and tax benefits, respectively.
When was Tampa Electric Company incorporated and what is its fiscal year end?
The company was incorporated in Florida (FL) and its fiscal year ends on December 31st.
What is the primary business of Tampa Electric Company?
Tampa Electric Company operates in the Electric Services industry, with SIC code 4911.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 8, 2025 regarding TAMPA ELECTRIC CO.