News Release

TECO Energy to host a Webcast August 2

Management to discuss second quarter results

TAMPA, July 17, 2007

TECO Energy, Inc. today announced that the company will host a Webcast concurrent with a conference call with the financial community on Thursday, August 2, 2007, at 1:00 PM Eastern time.

Executive Vice President and Chief Financial Officer Gordon Gillette will discuss the company’s second quarter results and outlook for the remainder of the year.

The company’s second quarter results, including unaudited income statement, balance sheet, statement of cash flow and utility operating statistics, will be released Thursday, August 2, 2007 , 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 TECO Energy Web site starting two hours after the conclusion of the live event; the replay will be archived on the Web site for 30 days.

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.