News Release

TECO Energy to host webcast January 31

TAMPA, January 18, 2006

Management to discuss 2005 results and 2006 outlook

TECO Energy today announced that the company will host a Webcast concurrent with a conference call with the financial community on Tuesday January 31, 2006 at 9:00AM EST.

Chairman and CEO Sherrill Hudson, TECO Energy President and COO John Ramil, and Executive Vice President and CFO Gordon Gillette will discuss the company�s fourth quarter and 2005 results and 2006 outlook.

The company�s fourth quarter and 2005 results, including unaudited income statement, balance sheet and statement of cash flow, will be released Tuesday January 31, 2006 , prior to the call and before the market opens.

Investors, shareholders, media and the public can access the Webcast through a link on TECO Energy�s Web site at:

The audio portion of the webcast and the accompanying slides will be available for replay through a link on the Web site starting two hours after the conclusion of the live event; the replay will be archived on the Web site for 30 days.

Additional information regarding TECO Energy is available at the Investor Relations section of TECO Energy's Web site at

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.