News Release

TECO Energy CFO to present at Friedman, Billings, Ramsey Investor Conference

TAMPA, November 22, 2005

Company Maintains Full-Year Results Guidance �

TECO Energy, Inc. (NYSE: TE) Executive Vice President and CFO Gordon Gillette will make a presentation at the 2005 Friedman, Billings, Ramsey & Co. Investor Conference in New York on Wednesday, November 30, 2005 at 2:55 PM Eastern time.

TECO Energy is maintaining its guidance for full-year 2005 results from continuing operations excluding charges and gains in the previously announced range of $1.15 to $1.20 per share.

A webcast of the live presentation will be accessible through a link on TECO Energy's home page at� The webcast will be available for replay for 30 days following the presentation for those unable to listen to the live webcast.

TECO Energy, Inc. (NYSE: TE) is an integrated energy-related holding company with regulated utility businesses, complemented by a family of unregulated businesses. Its principal subsidiary, Tampa Electric Company, is a regulated utility with both electric and gas divisions (Tampa Electric and Peoples Gas System). Other subsidiaries are engaged in waterborne transportation, coal and synthetic fuel production and electric generation and distribution in Guatemala.