Today we will focus on Northeast Utilities (NU) and how it compares with three other utility companies, Teco Energy (TE), Black Hills Corp (BKH), and Wisconsin Energy (WEC). All are listed on the NYSE and trade at between 16 and 18 times earnings. NU, as can be surmised by the name, serves residents in the Northeast, namely a major portion of New England. TE is located in the Tampa, FL area and counts Central Florida customers as its service area. Both BKH and WEC service customers in the upper…
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